The results are in for December for mortgages. Each month we are curious to see just how the year has transpired for economic profit. We are especially curious about the recession and damage of the subprime market. For most of 2009 the studies have shown a steady amount of approvals for mortgages. However, in December 2009 the mortgage approvals fell slightly. The seasonal fall shows a total of 59,023 loans were approved for houses in December, which was slightly lower than the 60,045 in November. (more…)