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Illinois towns see damage, power outages after deadly storms


At least three people died and authorities reported minor injuries. In Illinois, the storms damaged homes and businesses and toppled trees and powerlines. In southwestern Illinois, many residents still were without power Wednesday in Randolph County.


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-1?"ttf":"woff";localStorage.setItem(formatStorageKey,format)}return format}();var fonts=document.querySelectorAll(".webfont");var hinting=fontHinting==="Off"?"":"hinted-"+fontHinting+"-";var urlAttribute="data-cache-file-"+hinting+fontFormat;for(var i=0,j=fonts.length;i0&&alpha-1){styleSheet.media="screen";window.guardian.css.loaded=true;try{window.guardian.css.onLoad()}catch(e){}return true}}setTimeout(function(){setMedia(styleSheet)})}function useCss(){for(var i=0,totalStyleSheetLinks=styleSheetLinks.length;i switch to the US edition switch to the UK edition switch to the Australia edition switch to the International edition current edition: US edition The Guardian - Back to home Make a contribution Subscribe Find a job Jobs Sign in Comment activity Edit profile Email preferences Change password Sign out My account Search News Opinion Sport Culture Lifestyle Show More News US news World news Environment Soccer US politics Business Tech Science Homelessness Opinion The Guardian view Columnists Letters Opinion videos Cartoons Sport Soccer NFL Tennis MLB MLS NBA NHL Culture Film Books Music Art & design TV & radio Stage Classical Games Lifestyle Fashion Food Recipes Love & sex Home & garden Health & fitness Family Travel Money What term do you want to search? Search with google Make a contribution Subscribe Sign in/up My account Comment activity Edit profile Email preferences Change password Sign out US edition switch to the UK edition switch to the Australia edition switch to the International edition Jobs The Guardian app Video Podcasts Pictures Newsletters Digital archive Crosswords Facebook Twitter Jobs Money Property Pensions Savings Borrowing Careers More Mortgages Mortgage lending falls once more August mortgage lending figures hit 16-month low as home buyers stay away despite additional properties on market Mark King and agencies Share on Facebook Share on Twitter Share via Email This article is over 7 years old Mortgage lending fell again last month as consumers remained cautious of taking on debtPhotograph: Scott Aiken/Rex Features Mortgage lending fell again in August with the lowest number of new mortgages offered this year, figures showed todayThe number of mortgages approved for house purchase dropped to 31,767 during the month, down on July's 34,219 and a 16-month low, according to data from the British Bankers' Association (BBA). Gross mortgage lending also fell to £8.1bn from July's £8.4bn – 7.6% lower than August 2009However, net lending (which does not include redemptions and repayments) increased to £2.5bn from July's £1.9bn, the highest level since February but still way down on August 2009's £3.3bn. David Dooks, BBA director of statistics, said: "Demand for mortgages continues to be weak despite more properties coming on to the marketEven with stable or falling house prices, the current economic climate makes it unlikely that demand will pick up in the near future." Earlier this week the Council of Mortgage Lenders claimed that mortgage lending fell by 14% to £11.4bn in August from £13.3bn in July, notching the lowest August total in a decadeThe CML warned consumers to prepare for a "difficult second half of the year". Howard Archer, chief UK and European economist at IHS Global Insight, said of today's data: "It heightens our belief that house prices will trend down over the coming monthsWe suspect that house prices will fall by around 10% between now and the end of 2011In our view, the housing market really has not got much going for it at the moment, apart from low mortgage rates – and that is if you can get a mortgage." The BBA also said that credit card repayments were higher than new spending during the month, but once interest and charges were factored in, outstanding plastic debt rose by £172mBorrowing through loans and overdrafts contracted for the 16th consecutive month, with consumers repaying £187m more than they borrowed. Savings levels bounced back in August to reach their highest level since March, when figures are often boosted by the approaching end of the tax yearThe amount consumers deposited rose by £2.19bn, up from an increase of £514m in July. Archer said: "Consumer appetite for taking on new borrowing clearly remains limited while there is an ongoing desire of many consumers to reduce their debtThis is the consequence of a still relatively uncertain and worrying longer-term economic outlook, highlighted by the major fiscal squeeze that will increasingly kick in over the coming monthsMeanwhile, there remains limited availability of unsecured credit from banks." Topics Mortgages Property Mortgage lending figures Housing market news Share on Facebook Share on Twitter Share via Email Share on LinkedIn Share on Pinterest Share on Google+ Share on WhatsApp Share on Messenger Reuse this content View all comments > Order by newest oldest recommendations Show 25 25 50 100 All Threads collapsed expanded unthreaded Loading comments… Trouble loading? View more comments Signed in as Show comment Hide comment Hide comment Welcome , you’re about to make your first comment! 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