Dra­matic in­crease in bond ap­pli­ca­tions

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ON THE UP Sta­tis­tics from ooba show that the av­er­age num­ber of bond ap­pli­ca­tions in March this year was the high­est level recorded for nearly three years — since May 2008 — and is 36% higher than the av­er­age monthly ap­pli­ca­tion in­take recorded last year. How­ever, March vol­umes are only 36% of the ap­pli­ca­tion vol­umes recorded at the peak of the mar­ket in May 2007. The lev­els of ap­proved home loans also reached a high in March; ooba’s fig­ures showed the high­est value of ap­proved home loans since Oc­to­ber 2008. Saul Gef­fen, CEO of ooba, says he ex­pects the growth to con­tinue. “ooba has

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