Category: home lending

Housing Market Facing Mixed Results As Pending Home Sales Fall Sharply From 2021

June 27, 2022
Business & Marketseconomyhome lendinghousing marketinflationInvestmentMarketsreal estateUSUS NewsUS Real Estate
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Pending U.S. home sales in May edged higher, ending a six-month streak of declines, with a slight rise of 0.7 percent from April, according to the National Association of Realtors on June 27. Month-over-month regional results were mixed with a slight pickup on average, and the Northeast and Southern states experiencing a rise in sales,…

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Australian Housing Borrowing Booms, Regulators Ready New Lending Rules

October 1, 2021
AustraliaBusiness & EconomyEconomieshome lendingMarketsreal estateWorld
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SYDNEY—Australian home lending in August expanded at its fastest annual pace since early 2018 as buyers borrowed ever more to get into a red-hot market, foreshadowing tougher rules from regulators concerned at the mounting risks to financial stability. Figures from the Reserve Bank of Australia (RBA) on Thursday showed outstanding home loans rose 0.6 percent…

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