A new Yorkshire Building Society mortgage offers homebuyers an interest rate of just 0.78%, the best in the market, as the cost of borrowing to buy a home continues to hit record highs. The two-year fixed deal, which is also available for remortgage, is a tracker – meaning borrowers wouldRead More →
Just as many other banks have done in the past month, it announced today that it has reduced the interest rate on its home loan for a limited period during the holiday season. Bank of Baroda has announced that it has reduced its mortgage interest rate to 6.5% effective OctoberRead More →
KUALA LUMPUR: A loaner program claiming to use Wisma MCA as an address is fake, says Datuk Seri Michael Chong. The head of the MCA’s Utilities and Complaints Department slammed the crooks at a press conference here Thursday (October 7) for using the building in their ruse. The crooks claimedRead More →
The Reserve Bank’s rate-setting panel began its three-day deliberations on the next bimonthly monetary policy on Wednesday amid rising global commodity prices and the need to contain inflation in the country. The decision of the six members of the Monetary Policy Committee (MPC) will be announced on Friday by RBIRead More →
Wednesday October 6, 2021, 2:56 p.m.Press release: New Zealand National Party Today’s decision by the RBNZ to increase the official exchange rate from 0.25% to 0.5% shows that the bank was forced to make a risky decision despite the lockdown of two major New Zealand cities, National shadow treasurer AndrewRead More →
The banking regulator has announced tighter viability tests for home loans, which will make it more difficult for some borrowers to obtain a mortgage, the same day the Reserve Bank of New Zealand begins to raise its rate of benchmark interest. Key points: Banks will have to apply a slightlyRead More →