U.K. mortgage approvals fall unexpectedly in February

Mortgage approvals for house purchases in the United Kingdom surprisingly decreased in the month of February, when it dropped from January's 31,983 to 30,506, the British Bankers' Association showed in a report on Monday. The report also said re-mortgages rose from 15,184 in January to 15,980 in February, while other secured borrowing slipped to 8,914 in February from 9,429 the month before.