China's major banks to lower rates on existing first-home mortgages

Real estate crisis triggers new alarms over Chinas shadow banks

AN ACCOUNTANT in northeast China deposited her life savings and received a letter guaranteeing her investment in a trust firm. Workers at a state-owned...

#investment #money #government

The Business Times

2023-09-23 05:11:01 • 1 min

Hope for mortgage rate cuts after Bank of England decision

By Kevin Peachey Cost of living correspondent Mortgage rates should fall following the Bank of England's decision to keep its key interest rate on hold,...

#space #tax #inflation

BBC

2023-09-22 10:22:47 • 1 min

China Holds Benchmark Lending Rates Steady

The People's Bank of China kept its benchmark lending rates unchanged on Wednesday after recent economic data suggested that the series of easing measures...

#lendingrates #economy #inflation

RTTNews

2023-09-20 09:09:09 • 1 min

China keeps loan prime rate unchanged at record lows

Investing.com-- The Peoples Bank of China held its benchmark loan prime rates at record lows on Wednesday, as it moved to strike a balance between supporting...

#market #recordlows #conservativestance

2023-09-20 01:31:01 • 1 min

China leaves benchmark lending rates unchanged in September

Photo taken on Aug 17, 2023 shows US dollars and Chinese yuan in Fuyang city, East China's Anhui province. Nurphoto | Nurphoto | Getty Images China's banks...

#economy #mortgage #imageschina

CNBC

2023-09-20 01:17:52 • 1 min

Real Estate Crisis Triggers New Alarms Over Chinas Shadow Banks

A financially troubled firm has stopped paying investors, risking panic and testing the Chinese governments resolve to take on debts from its property...

#shadowbanks #estatecrisis #finance

The New York Times

2023-09-22 04:00:33 • 1 min

Nationwide slashes mortgage rates following interest rate decision

Nationwide Building Society has announced it is cutting mortgage rates, in the wake of the Bank of England's decision to pause base rate rises earlier today....

#option #equity #rangefollowing

Daily Mail

2023-09-21 15:43:51 • 1 min

China leaves benchmark lending rates unchanged, as expected

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...

#lendingrates #economy #mortgage

Channel NewsAsia

2023-09-20 02:05:52 • 1 min

Mortgage rates fall as UK lenders respond to Bank of England's rate hold

Mortgage holders and first-time buyers in the UK have been given a boost as lenders, including NatWest, TSB, Nationwide, and Virgin Money (LON: VM ), began...

#inflation #ratedeal #consecutiveincreases

2023-09-22 11:15:03 • 1 min

High Interest Rates Boost High-Yield Savings Accounts, Despite Economic Slowdown Fears

The Federal Reserve's aggressive rate-hiking campaign over the past 18 months has led to a surge in high-yield savings accounts, offering a silver lining to...

#policy #option #finance

2023-09-22 13:16:22 • 1 min

Chinas banks fear stimulus moves will fail to stem tide of mortgage prepayment

Chinese commercial banks could see an earnings decline of up to 5 per cent this year if a surge of prepayments by Chinese homebuyers persists, according to...

#Prepayment #earningsdecline #Commercialbanks

South China Morning Post

2023-09-17 06:00:20 • 1 min

Federal Reserves Steady Policy Rate Could Push Mortgage Rates to 8%

The U.S. Federal Reserve's decision to maintain its policy interest rate steady on Wednesday, September 20, 2023, might potentially trigger a surge in...

#estate #treasury #nasdaq

2023-09-21 17:43:01 • 1 min

Even China's 1.4 billion population can't fill all its vacant homes - former official

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...

#formerofficial #estate #space

Channel NewsAsia

2023-09-23 11:38:20 • 1 min

Ethereum's performance post-Shanghai has been disappointing' - JPMorgan

( Kitco News ) - The Shanghai upgrade to Ethereum ( ETH ) was expected to usher in a new era for the network as the ability to withdraw staked Ether was...

#blockchain #crypto #market

Kitco NEWS

2023-09-22 18:18:16 • 1 min

Beijing city reassures foreign investors they can take their money with them

China is combating a capital exodus that has depreciated the yuan and contributed to an unpredictable business environment in the country, while investors...

#policy #money #exodus

South China Morning Post

2023-09-22 13:30:14 • 1 min

Buy-to-let mortgage lender launches market-leading 3.9% rate... but there's a BIG catch

A little-known bank has sent shockwaves across the buy-to-let mortgage market after launching a deal with a 3.9 per cent interest rate. State Bank of India's...

#heftyfee #centdeposit #majordrawback

Daily Mail

2023-09-22 05:00:55 • 1 min

ECB Holds Rates at 4% Amid Economic Stability, Aims to Curb Inflation

The European Central Bank (ECB) has decided to hold its interest rates at 4% for the foreseeable future, following a hike of 0.25 percentage points last...

#inflation #health #pandemic

2023-09-22 16:42:12 • 1 min

Global housing market sees reduced bubble risk, with Zurich and Tokyo exceptions

The global risk of housing bubbles has significantly decreased in 2023, with only Zurich and Tokyo remaining in the bubble risk category, according to the...

#finance #Zurich #housingmarket

2023-09-22 21:11:33 • 1 min

Mortgage Rates Remain Flat, Stays Above 7%

(RTTNews) - Mortgage rates, or interest rates on home loans, remained relatively flat compared to last week, according to mortgage provider Freddie Mac...

#opinion #nasdaq #MortgageRates

Nasdaq

2023-09-21 18:50:36 • 1 min