How interest rates have affected America

The interest rates real estate sector in 2018 slowed down the real estate sector . The rise in interest rates in the world most affected the American real estate sector. So how was the US in 2018? Increasing interest rates, led volatility fluctuating the New York real estate market. In 2018, Los Angeles was the …

SP Setia launches its Setia Express Advance Loan

With many prospective home owners facing difficulty in securing sufficient margin of financing to buy homes, S P Setia  launched its Setia Express Advance Loan (“SEAL”) – a differential sum loan scheme that offers interest rates as low as 5.5% per annum and up to 30% of the intended property purchase price. SEAL enables eligible …

National Australia Bank announces changes to home loan interest rates

NAB has announced a range of changes to its home loan interest rates, including a new special fixed rate for first home buyers – the lowest rate ever offered by NAB – and increases to interest rates for new and existing owner occupier and residential investor borrowers. NAB Chief Operating Officer Antony Cahill said: “The …

Majority of real estate investors in the Americas expected to be net buyers in 2017, CBRE Survey Finds

The prospect of increased U.S. economic growth combined with less regulation, means that investor sentiment for commercial real estate investment is marginally more positive than last year, despite the potential for rising interest rates, according to the CBRE Americas Investor Intentions Survey 2017. The 2017 survey results reveal that investors will remain actively engaged in …

U.S current mortgage interest rates

The current average 30-year fixed mortgage rate remained stable at 3.96% on Friday, Zillow announced. The 30-year fixed mortgage rate on March 3, 2017 is up 7 basis points from the previous week’s average rate of 3.89%. Additionally, the current national average 15-year fixed mortgage rate remained stable at 3.15%. The current national average 5/1 …

Fitch: U.S. bank loan growth outpaces GDP post-crisis , especially in commercial real estate sector

U.S. bank loan growth has outpaced GDP growth since 2011, according to a new dashboard from Fitch Ratings. “Loan growth has followed the pattern of a historical lag after a recession and while growth has not returned to pre-crisis peaks, it has posted above-average growth for the last two years, compared to overall loan growth …

U.S national 30-year fixed mortgage rates go up to 3.95% : Zillow

The current average 30-year fixed mortgage rate climbed 3 basis points from 3.92% to 3.95% on Tuesday, Zillow announced. The 30-year fixed mortgage rate on February 14, 2017 is up 4 basis points from the previous week’s average rate of 3.91%. Additionally, the current national average 15-year fixed mortgage rate increased 2 basis points from …

U.S current mortgage rates trends

The current average 30-year fixed mortgage rate climbed 2 basis points from 3.96% to 3.98% on Wednesday, Zillow announced. The 30-year fixed mortgage rate on February 1, 2017 is up 1 basis point from the previous week’s average rate of 3.97%. Additionally, the current national average 15-year fixed mortgage rate increased 1 basis point from …

National 30-year fixed mortgage rates go down to 3.97% in the U.S

The current average 30-year fixed mortgage rate fell 3 basis points from 4.00% to 3.97% on Monday, Zillow announced. The 30-year fixed mortgage rate on January 30, 2017 is equal to the previous week’s average rate of 3.97%. Additionally, the current national average 15-year fixed mortgage rate decreased 3 basis points from 3.18% to 3.15%. …

Australia’s Reserve Bank keeps interest rates on hold at December meeting

The Reserve Bank of Australia has decided to leave the cash rate unchanged at 1.50 per cent. According to the statement, conditions in the housing market have strengthened overall, although they vary considerably around the country. “In some markets, prices are rising briskly, while in others they are declining. Housing credit has picked up a …