Jakarta – Cutting home ownership credit (KPR) interest is one of China’s ways of increasing public spending. However, that is not enough. Last week, China said it would cut existing mortgage interest rates and relax regulations for first-home buyers in big cities. According to the central bank and financial regulators, this is a step that … Read more
Jakarta – Bank Indonesia (BI) is expected to raise the BI-7 Day Reverse Repo (BI7DRR) rate again to 0.5% at tomorrow’s (12/22) Board of Governors (RDG) meeting announcement. The benchmark interest is currently at the 5.25% level. If it increases by 50 basis points, the benchmark interest is almost close to 6%, or 5.75%. CELIOS … Read more
/data/photo/2022/02/20/6211bfd071d6e.jpg?fit=%2C&ssl=1)
JAKARTA, KOMPAS.com – Bank Indonesia (BI) raised its benchmark interest rate (BI 7-Day Reverse Repo Rate/BI7DRR) four times with a total increase of 175 basis points to 5.25% for all of 2022. This will surely increase the bank credit interest rates such as home loans (mortgage). Bank Permata’s chief economist Josua Pardede said the increase … Read more
Now that the mortgage interest rate is on average 2.5 percentage points higher than at the beginning of this year, a new need arises among home buyers: they want to include the lower interest rate of a previous house in a new mortgage. That is possible, although it is not always a smart choice. Suppose … Read more
Central banks raise interest rates in response to inflation. This has consequences for mortgage interest rates. After the recent significant increase in fixed-rate mortgages, the situation has stabilized at a higher level, according to a study by Moneypark. – sda – KEYSTONE/CHRISTIAN BEUTLER Ad the essentials in brief According to the study, there are signs … Read more