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A service for global professionals · Thursday, July 10, 2025 · 830,294,067 Articles · 3+ Million Readers
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Mortgages News Monitoring

  • 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 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 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

    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 Jul 8, 2025

    Don’t despair, Australian mortgage holders – another rate cut is a question of when, not if

    Do not despair, mortgage holders of Australia: we didn’t get a rate cut on Tuesday, but they are still coming. The Reserve Bank board showed it doesn’t give a fig about popular opinion and held its cash rate target at 3.85% at its July meeting. For those …

    Source: The Guardian - Center-left
  • Published on Jul 8, 2025

    SNB Zero Interest Rate Pushes Down Mortgage Rates

    Dienstag, 08. Juli 2025 09:35 The SNB's interest rate cut in June has also pushed down interest rates on mortgages in Switzerland. This applies to both Saron and fixed-rate mortgages. According to the comparison service Comparis, interest rates have …

    Source: finews.com - Neutral
  • Published on Jul 8, 2025

    Community banks show up. They need our support | OpinionThomas West 

    Community banks are vital for economic inclusion and growth, especially in underserved communities. They provide crucial financial services like loans and financial literacy programs to individuals and small businesses often overlooked by larger …

    Source: Massillon Independent - Ohio - Neutral
  • Published on Jul 8, 2025

    Mortgage timebomb set to hit a million households: Golden era of cheap loans comes to an end

    Five years ago this week, then Chancellor Rishi Sunak lit a fire under the property market with a generous stamp duty cut which prompted a home-buying boom. With the pandemic less than three months old, buyers rushed off to buy bigger homes in a ‘race for …

    Source: Daily Mail - Right-wing
  • Published on Jul 8, 2025

    Bank of America CD rates 2025: How to ensure you get the highest APY

    Looking to make some extra cash by storing your funds untouched in a certificate of deposit (CD) for a few months, or even a few years? Bank of America offers more term options than perhaps just about anyone. Bank of America’s CD rates may not be among the …

    Source: Fortune - Neutral
  • Published on Jul 8, 2025

    Prime jumbo loans secure RMBS issue by Rate Mortgage Trust

    Noah Berger/Bloomberg News Rate Mortgage Trust is coming to market with its second issue of prime jumbo U.S. residential mortgage-backed securities this year. The collateral for RATE Mortgage Trust 2025-J2 (RATE 2025-J2) comprises 308 mortgage loans to …

    Source: Asset Securitization Report - Pending
  • Published on Jul 8, 2025

    RBA interest rates: Reserve Bank of Australia leaves cash rate on hold at 3.85%

    The Reserve Bank of Australia has held rates at 3.85%, in a surprise decision that denies further mortgage relief for millions of Australian households. The decision will come as a shock to financial markets and a large majority of experts who were sure …

    Source: The Guardian - Center-left
  • Published on Jul 8, 2025

    How home owners are cutting years off their mortgage with zero admin

    “While this might feel like the bank is making its customers jump through yet another hoop, what it does is encourage them to pay extra into their loan, a practice that will actually see them get ahead, rather than the bank.” Loading Mortgage holders on a …

    Source: The Sydney Morning Herald - Neutral
  • Published on Jul 8, 2025

    Non-banks win mortgage race with faster approvals

    “At a time when home buyers are often under timing pressures, delays experienced when seeking a finance approval can add unnecessary stress,” he said.   “As a non-bank lender, we see this as a crucial moment to deliver upon our service promise, being – …

    Source: Mortgage Professional Australia - Neutral
  • Published on Jul 8, 2025

    Op-Ed: Don’t rip away consumer choice: Keep the Open Banking Rule

    The Trump Administration has done a remarkable job so far working to reverse many of the worst consumer policies and rules imposed by the Biden Administration – particularly those that limited consumer choice and pushed progressive lifestyle choices onto …

    Source: The Center Square - Right-wing

04 days 05:11:13

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