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...Buch said it was “realistic” for banks to meet those requirements, and gave the example of energy-efficiency certificates for mortgages....
...The “effective” interest rate — the actual interest rate paid — on newly drawn mortgages fell 0.29 percentage points to 4.9 per cent in February, according to the central bank....
...In minutes from the Bank of Canada’s March meeting, members of the central bank’s governing council agreed it was “too early” to cut rates, but said “the conditions for rate cuts should materialise over...
...Equities in Hong Kong and China were muted on Tuesday despite the country’s central bank announcing a reduction to the lending rate for mortgages on the mainland....
...China’s central bank on Tuesday cut a benchmark mortgage interest rate in a move to stimulate the country’s ailing property sector....
...The average two-year mortgage with 60 per cent loan to value was 4.62 per cent in February, according to the central bank....
...Since then, it has suffered from a sell-off in growth companies prompted by aggressive interest rate rises from central banks to fight inflation....
...The increase reflects broader growth of the country’s mortgage market. Central bank figures published this month show the total mortgage portfolio of Russian banks increased by 34.5 per cent last year....
...Eurozone banks reported a “substantial” drop in loan demand from companies, prompting calls for the European Central Bank to signal it will cut interest rates soon when it meets this week....
...The BoE’s credit conditions survey was conducted between November 20 and December 8, when financial markets were still expecting the central bank to cut its benchmark rate less than they expect at present...
...The cost of homes soared in many countries during the pandemic, but high mortgage rates have led to a significant slowdown in house price growth in a number of countries....
...Moreover, the threat of mortgage payment shock should prompt the central bank to start cutting rates sooner rather than later....
...Rates on popular fixed mortgage deals have started to ease from the summer, following expectations that the central bank will cut interest rates later this year....
...Equities in Hong Kong and China fell on Tuesday despite the country’s central bank announcing a reduction to the lending rate for mortgages on the mainland....
...As in the case of foreign currency mortgages, “the costs of mis-selling must be borne by the institutions that caused it.”...
...The central bank held rates at 4.35 per cent following its first meeting of 2024....
...The better market conditions were reflected in figures published by the central bank on Thursday, which showed that mortgage approvals rose more than expected and to a five-month high in November....
...With financial markets expecting the central bank to cut its benchmark rate from a 16-year high of 5.25 per cent this year, mortgage rates on popular fixed deals have declined since the summer....
...The sharp slowdown in eurozone bank lending stabilised in October after a pick-up in monthly credit flows for mortgages, according to data from the European Central Bank....
...A recent BoE poll of UK businesses showed that wage growth expectations hit a two-year low in March, supporting the view that the central bank will start to cut rates from this summer....
...The sharp slowdown in eurozone bank lending showed signs of stabilising in October after a slight pick-up in monthly credit flows for mortgages and corporate loans, according to data from the European Central...
...Eurozone bank lending has shrunk this year after the European Central Bank made 10 consecutive interest rate increases, from an all-time low of minus 0.5 per cent in July 2022, to try to tackle rampant inflation...
...The central bank on Sunday kept the one-year MLF rate unchanged at 2.5 per cent, the lowest level since the rate was introduced in 2014....
...“Homeowners are still reeling after the Conservatives crashed the economy and sent mortgages rocketing by hundreds of pounds every month.”...
...Most Fed officials support reducing the central bank’s mortgage-backed securities holdings to zero, to avoid distorting the mortgage market....
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