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A service for global professionals · Thursday, July 10, 2025 · 830,066,043 Articles · 3+ Million Readers
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Mortgages News Monitoring

  • Published on Jul 9, 2025

    Cost of living driving millions into mental health disorders as mortgage relief denied

    Almost half of Australians admit cost of living pressures are impacting their mental health as millions were denied further relief earlier this week when interest rates were held. Fresh research from Compare The Market found 48.7 per of Australians now …

    Source: Sky News Australia - Right-wing
  • Published on Jul 9, 2025

    Australian central bank declines to cut interest rates, citing global uncertainty

    In a split decision, by a vote of six to three, the Reserve Bank of Australia (RBA) yesterday decided to keep its interest cash rate unchanged at the high level of 3.85 percent, thus denting the claims of the Albanese Labor government to have turned the …

    Source: World Socialist Web Site - Left-wing
  • Published on Jul 9, 2025

    S. Korean banks' household lending rises for 5th month in June

    SEOUL, July 9 (Xinhua) -- South Korean banks' household lending rose for the fifth consecutive month due to strong demand for mortgage loan, central bank data showed Wednesday. Debt owed by households to deposit-taking banks totaled 1,161.5 trillion …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Jul 9, 2025

    S. Korean banks' household lending rises for 5th month in June

    SEOUL, July 9 (Xinhua) -- South Korean banks' household lending rose for the fifth consecutive month due to strong demand for mortgage loan, central bank data showed Wednesday. Debt owed by households to deposit-taking banks totaled 1,161.5 trillion …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Jul 9, 2025

    Reserve Bank leaves interest rates untouched

    Reserve Bank holds official cash rate steady at 3.25 percent Halt was expected after six consecutive rate cuts by the RBNZ since last August RBNZ says needs more clarity on inflation, economy, and US trade policy Short statement says further cut possible …

    Source: RNZ - Public Broadcaster
  • Published on Jul 9, 2025

    Savers slugged as banks cut rates even with RBA on pause

    The central bank’s cautious approach to future rate cuts offers little comfort to cash investors already seeing their spending power eroded by falling deposit rates. The Reserve Bank of Australia’s monetary board held the official cash rate at 3.85 per …

    Source: PerthNow - Neutral
  • Published on Jul 9, 2025

    Bank of America loses crisis-era backer after Kuwait sells US$3 billion stake

    [NEW YORK] First, it was Warren Buffett. Now, another key Bank of America (BOA) investor that stood by it since the worst days of the 2008 financial crisis is chopping down its stake. Kuwait Investment Authority (KIA), the trillion US dollar sovereign fund …

    Source: The Business Times Singapore - Neutral
  • Published on Jul 8, 2025

    Louisiana takes a turn as small-bank M&A epicenter

    Business First Bancshares will acquire Monroe, Louisiana-based Progressive Bancorp in a roughly $83 million deal that would double the larger lender’s presence in the northern part of the state. And with that – at least thus far in July – Baton Rouge has …

    Source: Banking Dive - Neutral
  • Published on Jul 8, 2025

    Many mortgage takers still waiting for Reserve Bank to do more

    They've done a lot already, but the Reserve Bank (RBNZ) can still do a bit more cutting of the Official Cash Rate (OCR) - as far as those taking out new mortgages are concerned. While the RBNZ has dropped the OCR from 5.5% to the current 3.25% since …

    Source: interest.co.nz - Neutral
  • Published on Jul 9, 2025

    OCR held at 3.25% by Reserve Bank

    The Official Cash Rate (OCR) has been held at 3.25%. It is the first time the OCR has not received a cut since July 2024, marking the end of six consecutive cuts. The decision to hold the OCR at its current rate by the Reserve Bank of New Zealand (RBNZ) …

    Source: 1News - Neutral
  • Published on Jul 9, 2025

    GTBank Nigeria: The SWIFT Snail of Banking or Forex Trading Tycoon?

    Oh, Guaranty Trust Bank (GTBank), you illustrious titan of Nigerian banking, how you’ve mastered the art of turning a simple SWIFT transfer into a saga worthy of a Nollywood blockbuster! Picture this: a customer, innocently tucked away in America, decides …

    Source: The Herald - Indeterminate
  • Published on Jul 8, 2025

    Bankruptcy – Mortgage

    Where a U.S. Bankruptcy Court judge ruled against a debtor in an adversary proceeding concerning a foreclosure, there was no error, as a properly recorded affidavit of sale provided constructive notice under Massachusetts law. “This appeal arises out of an …

    Source: Rhode Island Lawyers Weekly - Massachusetts - Pending
  • Published on Jul 9, 2025

    Reserve Bank board still looking for yesterday’s news

    In deciding to hold off on another interest rate cut, the Reserve Bank’s board appears to be waiting to find out what the past was like. Michael Pascoe reports. I don’t know where to begin with six of the nine RBA board members, the ones who want to wait …

    Source: Michael West Media - Left-wing
  • Published on Jul 9, 2025

    FCA has work to do after UK mortgages unscathed by rate shock

    On the face of it, the UK housing market should have been through a pretty tough period in the last few years. Affordability has been squeezed by the higher cost of living and interest rates. There have been headline grabbing moments, such as the drawing …

    Source: GlobalCapital - Neutral
  • Published on 02:13 GMT

    Significant number of borrowers still hanging out for OCR cuts

    Even though the OCR didn’t budge yesterday, a sizeable chunk of mortgage holders are expected to keep fixing at floating rates in the hope there will be further cuts. Thursday, July 10th 2025, 10:28AM by Sally Lindsay The RBNZ held the OCR at 3.25% and …

    Source: Good Returns - Neutral
  • Published on 00:14 GMT

    Dive Deposits: Summer is the season of regulator roulette

    Podcast-listening basketball fans may be familiar with the game of “start-bench-cut,” where observers are given three athletes’ names and must justify why they would back one player, put another in reserve, and let a third go. In financial regulatory …

    Source: Banking Dive - Neutral
  • Published on 01:40 GMT

    US close: Nasdaq hits new high as investors shrug off tariff disruption

    The Dow gained 0.5% and the S&P 500 closed up 0.6%, coming within a whisker of its record high reached last Thursday. However, the Nasdaq climbed 0.9% to a new all-time closing high of 20,611.34. The tech-heavy index was lifted by semiconductor giant …

    Source: ShareCast - Neutral
  • Published on 01:40 GMT

    US open: Stocks higher as traders shrug off tariff headlines

    As of 1445 BST, the Dow Jones Industrial Average was up 0.42% at 44,427.85, while the S&P 500 advanced 0.44% to 6,253.12 and the Nasdaq Composite came out of the gate 0.61% firmer at 20,543.37. The Dow opened 187.09 points higher on Wednesday, …

    Source: ShareCast - Neutral
  • Published on 00:11 GMT

    Breakfast briefing: The Trump pandemic twists American summer priorities

    Here's our summary of key economic events overnight that affect New Zealand, with news of more tariff threats, but markets are over that drama, shoving its impact to the background. If there is news on a US-EU deal, then that will likely change. First …

    Source: interest.co.nz - Neutral

04 days 20:16:41

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