SHANGHAI/SINGAPORE, March 15 (Reuters) – China’s central bank left the policy rate unchanged and withdrew cash from a medium-term lending operation, as authorities continued to prioritize currency stability amid of uncertainty over the timing of interest rate cuts planned by the US Federal Reserve. The Fed’s historic monetary tightening has strengthened the dollar and pressured … Read more
SHANGHAI/SINGAPORE, Feb 19 (Reuters) – China’s central bank left the policy rate unchanged on Sunday, as expected, as it refinanced maturing medium-term loans, as uncertainty over the timing of The Federal Reserve’s rate cuts limit Beijing’s room for maneuver in terms of economic policy. Beijing is doing a delicate balancing act to sustain the economy … Read more
The home mortgage firm has been falling for nine consecutive months, with one October in which it plummeted again: 22.3% year-on-year. While in September the drop was 29.6% year-on-year, in the tenth month of the year the drop moderated although it was equally intense. Meanwhile, the average interest rate increased again, reaching 3.32%, its highest … Read more
The rise in interest rates has generated strong changes in the market: 70% of homeowners who have a variable-rate mortgage are suffering from the increase in monthly installments, which is why the demand for mortgage changes to modality has risen. fixed or mixed “The normal thing is that we will see the trend of mortgage … Read more