Mortgage lending accelerated in July, a latest sign of a post-lockdown bounce-back in the housing market, and consumers returned to borrowing, data from the Bank of England shows. Mortgage approvals jumped to 66,300 from just under 40,000 in June and seven times higher than their coronavirus pandemic low of barely more than 9,000 in May, the data showed. Economists polled by Reuters had expected about 55,000 approvals in July. Read more on the Reuters website.
Obama Center opening stirs pride and unease for Chicago’s South Side amid
displacement fears
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South Siders voice concerns about gentrification, housing and affordability
as they celebrate opening of the Obama Presidential Center
Pastor Jeffery Ca...
5 days ago
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