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 …
mortgages
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LONDON (Reuters) -Nearly half of people with interest-only mortgages may be too optimistic about their ability to pay the outstanding capital, Britain’s Financial Conduct Authority said on Tuesday. Interest-only mortgages …
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By Aby Jose Koilparambil (Reuters) – British homebuilders are building fewer homes, cutting down on land purchases and offering more incentives as high mortgage rates and the lack of any …
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By Katie Paul (Reuters) – Frustrated HSBC banking customers in the United States took to social media on Friday to complain about inadvertent emails they received from the bank regarding …
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ANKARA (Reuters) – Mortgages with lower rates and longer maturities will be offered to middle income Turks looking to buy new housing, Turkish Finance Minister Nureddin Nebati said on Wednesday. …
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By David Dolan and Daniel Leussink TOKYO (Reuters) – When salaryman Takayuki Nakamura bought his Tokyo home last year, he got a floating-rate mortgage at a rock-bottom 0.35% and an …
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US Gov Will Back Million Dollar Mortgages In 2023 For The First Time Ever John Hugh DeMastri on November 29, 2022 The U.S. government will begin purchasing mortgages worth more …
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WASHINGTON (Reuters) – The U.S. Federal Housing Finance Agency (FHFA) said on Tuesday the conforming loan limit values (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac …
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By Jesús Aguado MADRID (Reuters) – Spanish lenders are open to extending loan repayments for vulnerable households that experience a rise of at least 30% in variable mortgage costs, three …
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LONDON (Reuters) – A record 935 mortgage products were pulled in Britain overnight, financial services provider Moneyfacts said on Wednesday, as deepening turmoil in financial markets pushed more lenders to …
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HONG KONG (Reuters) -Hong Kong’s de facto central bank has relaxed a mortgage stress test requirement for property buyers, it said on Friday, in response to rising interest rates and …
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NEW YORK (Reuters) – U.S. Bancorp expects a 30% to 35% drop in mortgage revenue in the third-quarter from the second quarter as the housing market slows, its chief financial …
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By Nichola Saminather TORONTO (Reuters) – In a country where the Big Six banks control 80% mortgage market share, Canada’s smaller lenders are making some rare headway after the Bank …
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NEW YORK – U.S. housing finance giant Freddie Mac said on Thursday the average contract rate on a 30-year fixed-rate mortgage rose by more than half a percentage point to …
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Though past-due loans edged higher (+1.8%) in February, the national delinquency rate remains near pre-pandemic levels heading into March, which typically sees strong seasonal performance improvements February’s increase was driven …
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LONDON – British life insurer Just Group has sold a portfolio of lifetime mortgages to fellow British insurer Rothesay Life for 687 million pounds ($932.88 million), Just Group said on …
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LONDON – British lenders expect demand for mortgage lending will fall in the first three months of 2022 after decreasing in late 2021, the Bank of England said on Thursday. …
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BUDAPEST – Hungary’s central bank raised interest rates again on Thursday to combat surging inflation, although some analysts said a move by Prime Minister Viktor Orban’s government to cap retail …
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VIENNA – Risks from insufficiently cautious mortgage lending are increasing amid Austria’s housing market boom, the central bank said on Wednesday, stressing that such loans need close scrutiny. In its …