Analysis-China needs more than cheaper mortgages to revive spending SHANGHAI/BEIJING (Reuters) – Simon Yu’s monthly mortgage payments for his Shanghai apartment will drop after China’s latest measures to support the ailing property sector, but so will the interest he earns on…
Black Knight: February Uptick in Early-Stage Delinquencies Drives First Increase in Past- Due Mortgages in Nine Months; Foreclosure Starts Fall 24% Following January Spike