NatWest Beats Estimates on Signs of Growing Customer Confidence
NatWest Group Plc beat earnings estimates in the first quarter as lending and deposits increased amid signs of improving customer confidence.
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NatWest Group Plc beat earnings estimates in the first quarter as lending and deposits increased amid signs of improving customer confidence.
Singapore home prices grew at a slower pace last quarter and rents fell, as the city-state’s property boom began to lose steam.
Hong Kong home prices rose for the first time in almost a year in March as the city’s removal of property curbs revived sales.
Greater China’s property market crisis and the challenges it poses for lenders will be on full display on Monday, when embattled developer China Vanke Co. and the region’s biggest banks report earnings.
China’s overseas investment is heading for an eight-year high as its dominant firms build more factories abroad, a shift that could soften criticism of Beijing’s export drive.
Oct 17, 2017
Housing professionals aren't wasting time doing the math on what OSFI's stress tests for uninsured mortgages mean for how much house you can afford.
Ratehub.ca has done the arithmetic under two possible scenarios for families earning $100,000 annually.
According to its math, a family that can afford a home worth $726,939 under current rules by putting 20 per cent down with a five-year fixed mortgage rate of 2.83 per cent and a 25-year amortization would see its purchasing power plunge to $570,970 under the new stress test rules.
Under another scenario, Ratehub says that same family could currently afford a home worth $706,692 by making a 20-per-cent down payment on a five-year fixed rate of 3.09 per cent amortized over 25 years. Under the new stress testing requirements, Ratehub estimtes that family would only be able to afford a $559,896 home.