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| HDFC Increases its Retail Prime Lending Rate (RPLR) |
| Indian Realty News - 5 days, 16 hours ago
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After a gap of two years, mortgage leader HDFC has increased its retail prime lending rate (RPLR) by 50 basis points to 14.25 per cent. Significantly, the lender has not said anything on the continuation of its “teaser rates loans”, launched late last year and which was supposed to end yesterday. “This (the hike) is in .. Read More
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| ASB to offer controversial reverse mortgages |
| New Zealand Herald - 13 days, 4 hours ago |
ASB has announced it will be the first major New Zealand bank to offer asset rich but cash poor customers reverse equity mortgages.Reverse equity mortgages have proved controversial in the past, particularly among borrowers concerned... Read More
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| Australian property investors 'should consider worst-case scenarios' |
| Property Showrooms - 17 days, 3 hours ago |
All investors looking to buy Australian property should consider every financial scenario they could possibly face, an expert has advised. James Thomson, editor of SmartCompany, has suggested that people take these into account when making property decisions no matter how unlikely the circumstances they are contemplating. He said that investors should .. Read More
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| HSBC mortgages offer 'best of both worlds' |
| India Real Estate Tracker - 24 days, 17 hours ago
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Consumers looking for low interest rates and the option to fix for a longer period of time may find a suitable option among the HSBC mortgages currently available, according to a senior staff member. Head of mortgages at the firm Martijn van der Heijden made his remarks after the firm unveiled its lowest ever interest [...] Read More
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| House price fall of 4.1pc predicted in new report |
| New Zealand Herald - 26 days, 18 hours ago |
A report prepared by business researcher Infometrics is predicting house prices will fall 4.1 per cent by next June, affected by tax changes, cautious households, and the prospect of mortgage rate rises.The report prepared for... Read More
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