Mortgage lending growth stalls to three-year low
Mortgage lending growth hit near zero in May and June, reaching its lowest rate in three years.
Mortgage lending growth stalled in May and June, with the growth rate near zero. This marks the lowest growth rate recorded in the past three years, according to data from Cotality.
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Mortgage lending growth stalls
Growth in mortgage lending was near zero in May and June, Cotality says, and the lowest in three years.