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17.03.26 - 14:24
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New mortgages up by £800 a year amid ′Trumpflation′ from Iran war (The Guardian)
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Nearly 700 deals pulled in two weeks and only a few fixed-rate products below 4% are available, says MoneyfactsBusiness live – latest updatesBritons taking out a new home loan face paying nearly £800 a year more on average than before the Iran war as “Trumpflation” pushes up UK mortgage rates, according to Moneyfacts.Nearly 700 mortgage deals have been pulled by lenders as the economic fallout from the war results in the biggest upheaval since the aftermath of Liz Truss's disastrous mini-budget in 2022. Continue reading......
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17.03.26 - 09:36
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Shanghai joins major cities in loosening commercial property loan rules (SCMP)
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Shanghai has become the latest mainland Chinese city to lower the minimum down payment requirement for loans on commercial-use properties – including shops and business apartments – from 50 per cent to at least 30 per cent.
Analysts said the move could help reduce excess inventory in the struggling commercial real estate market, though stronger measures might still be needed.
“There is still a meaningful gap between the minimum down payment ratio for residential properties and that for mixed-use......
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17.03.26 - 08:12
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Home prices fell 0.9% in 2025 (Globes)
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After two months of sharp and unexpected increases, the home price index fell again in the last index of 2025, the Central Bureau of Statistics reports....
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17.03.26 - 07:54
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RBA interest rates: Reserve Bank raises official cash rate to 4.1% in blow to mortgage holders (The Guardian)
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Reserve Bank of Australia's second consecutive increase lifts cash rate target to where it was in February last yearFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank has increased interest rates amid a global energy shock that threatens to push Australian inflation towards 5% in a split decision, leaving the door open to further hikes.The hike takes the RBA's cash rate target from 3.85% to 4.1%, back to where it was in February 2025, wiping out the relief offered by two cuts last year. Continue reading......
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