Mortgage Approvals Weak and OCR could be cut - Interest.co.nz

[Marc]

Hello all,

News vid...


From: http://www.youtube.com/watch?v=2hdW8PEw8T0

Cheers

Marc

[krispedersen]

There is a bit of scaremongering going on there.

The number of mortgage approvals for the first couple of weeks in 2009 is actually higher than at the corresponding stage in 2008 and the two weeks in the middle of December recorded the highest number of approvals for 18 months.

[princess]

Thanks Kris i always wonder what the figures actually say. TV stations don't want good news. There is a very hidden agenda. I work for TVNZ, have seen it at work!