Analysis: The picture shows: The day of relief for mortgage debtors has already arrived – This is how the loan burden will lighten Housing articles6:02 – 2024-04-30 07:01:10

Analysis: The picture shows: The day of relief for mortgage debtors has already arrived – This is how the loan burden will lighten Housing articles6:02
 – 2024-04-30 07:01:10

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Chinese central bank to boost domestic demand

Chinese central bank to boost domestic demand

Beijing. The People’s Bank of China said Wednesday it will accurately and effectively implement prudent monetary policy, pay more attention to countercyclical adjustments, and strive to expand domestic demand and boost confidence. China’s central bank will support banks to replenish capital and guide financial institutions to increase medium- and long-term lending to the manufacturing industry, … Read more

2023’s Achievements: Robust Fiscal and Monetary Policies Promote Strong Economic Growth

In 2023, facing the complex domestic and international situation, our country’s economy achieved remarkable new results. Behind the achievements, macro-policy control has continued to increase. In 2023, my country’s RMB loans to the real economy will increase by more than 22 trillion yuan, and new tax cuts and fee reductions and tax rebates and fee … Read more

Should I Pay Off My Mortgages with My Retirement Funds: Expert Advice for Retirees

Should I Pay Off My Mortgages with My Retirement Funds: Expert Advice for Retirees

My wife and I are both retired. Right now we have an IRA worth over $800,000, which is intact, and stocks worth $600,000. We receive pensions and Social Security, which amount to about $9,000 a month, but we have two mortgages that are not being paid off. Our primary mortgage has $42,000 remaining with an … Read more

Expert predicts housing market reawakening as mortgage rates fall below 5%

Expert predicts housing market reawakening as mortgage rates fall below 5%

House prices have reached a new all-time high and mortgage rates have started to fall – but that won’t yet be enough to revive the property market, according to an expert. Even as borrowing costs fall, keeping home buyers away, the “lock-in effect” of homeowners reluctant to sell and give up their current 3% or … Read more

US Federal Reserve Governor Jerome Powell’s Press Conference: Interest Rate, Inflation, and Economic Growth Analysis

US Federal Reserve Governor Jerome Powell’s Press Conference: Interest Rate, Inflation, and Economic Growth Analysis

US Federal Reserve Governor US Federal Reserve Governor Jerome Powell’s press conference included the following points: First: The US Federal Reserve Governor reads the interest statement: The US Federal Reserve is committed to returning inflation towards its specified target and optimal exploitation of the labor market. It is natural to look at what has been … Read more

Central Banks Week… and the dollar awaits inflation data and Fed decisions

Central Banks Week… and the dollar awaits inflation data and Fed decisions

Expected economic data in the currency market During this week, many important economic events and data will be issued, which will have an impact on the trading of a number of currencies, most notably the Australian dollar, the US dollar, the euro, and the sterling. The most important events are as follows: British labor market … Read more

ECB Member De Cos: It is too early to think about cutting rates

ECB Member De Cos: It is too early to think about cutting rates

European Central Bank European Central Bank monetary policy member Pablo de Cos said on Monday that the European Central Bank is not expected to return for any guidance on monetary policy. De Cos added that it is too early to start talking about the ECB cutting interest rates. It should be noted that European Central … Read more

Bank of Japan Governor warns of uncertain outlook for wages and prices

Original title: After maintaining negative interest rate monetary policy, the Governor of the Bank of Japan warned that the outlook for wages and prices is highly uncertain Bank of Japan Governor Kazuo Ueda said on Monday that there is “very high uncertainty” about whether companies will continue to raise prices and wages, once again emphasizing … Read more

Examining Banks’ Lending Standards: FMA’s Focus on Customer Advice and Eroding Standards

Examining Banks’ Lending Standards: FMA’s Focus on Customer Advice and Eroding Standards

18. September 2023 FMA sees no arguments for weakening lending standards © APA/THEMENBILD/BARBARA GINDL The financial market supervisory authority wants to take a very close look at the banks’ lending in the next few months, “that will be a focus of our work,” said FMA board member Helmut Ettl on Monday in the business journalists’ … Read more