Australian Home-Loan Approvals Fall Most in Decade (Update2) (Bloomberg) March 10 (Bloomberg) -- Australian home-loan approvals unexpectedly fell in January by the most in almost a decade after central bank Governor Glenn Stevens raised borrowing costs and the government cut assistance to first-time buyers.
Australian Home-Loan Approvals Unexpectedly Fall 7.9% (Update1) (Bloomberg) March 10 (Bloomberg) -- Australian home-loan approvals unexpectedly fell in January for a fourth straight month after central bank Governor Glenn Stevens raised borrowing costs and the government cut grants to first-time buyers.
ICICI Bank Gains in Mumbai After Ending Fixed-Rate Home Loan (Bloomberg) March 5 (Bloomberg) -- ICICI Bank Ltd. gained as much as 1.2 percent in Mumbai trading after saying it ended a two-year fixed-rate home loan program for customers from March 1. The lender will also raise rates for automobile loans by as much as half a percentage point.
Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets (Bloomberg) March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates fell to the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
Suhaili admits cheating bank (The New Sabah Times) KOTA KINBALU : Former Labuan MP Datuk Suhaili Bin Abdul Rahman pleaded guilty to an amended charge of cheating a commercial bank for home loan purposes at the Sessions Court here yesterday.
Fannie Mae Mortgage-Bond Spreads Fall to Record: Credit Markets (Bloomberg) March 9 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates are trading at the lowest relative to Treasuries on record, even as the scheduled end of Federal Reserve purchases approaches.
Home loan rates begin climbdown (Zawya) After maintaining high mortgage rates for more than a year, banks and finance companies in the UAE are finally reducing their home loan rates and relaxing their lending criteria.
