UK House Prices Experience Initial Decline, Yet Recovery Potential Emerges
UK house prices fall for first time in 3 months but data may show recovery accelerating (Sebastien Mercier via Getty Images) The UK kept interest rates the same, high mortgage rates affected the market, and property prices fell for the first time in three months. Nationwide’s national house price index showed that house prices fell […]
Woman Spends Brother’s Life Savings on Live Streamer
A woman spent all her brother’s life-saving money to fight a female live broadcaster. (Image/Pixabay) A woman named Li from Jilin Province in mainland China spent 550,000 (about NT$2.38 million) of her younger brother’s life-saving money (about NT$2.38 million) from kidney dialysis in order to “reward” a female web star for her live broadcast She […]
Interest Rates Drop as Mortgage Loans Convert from Second to First: A Boon for Borrowers
The Interest Rate on Existing Mortgage Loans Decreases as “Second Mortgages” are Converted to “First Mortgages” By Du Chuan, China Business News Many borrowers who followed the bank’s requirements and submitted the necessary documents are now benefiting from automatic adjustments to their loan contracts and repayment plans as of October 25. “This morning, I received […]
Chinese Woman Discovers Stranger Living in Her House After Paying Off Mortgage
Homeowner Discovers Stranger Living in Property After Paying Off Mortgage Heilongjiang Province, mainland China – A woman surnamed Liu from Hegang City was shocked to discover that a stranger had taken up residence in her recently paid-off property. Adding to the complexity of the situation, the intruder produced formal court documents justifying their presence. In […]
The Central Bank’s Move to Convert Stock Mortgage Interest Rates: Impact on Banks and Home Buyers
The Central Bank Encourages Commercial Banks to Convert Mortgage Interest Rates: What Will It Mean for Banks and Home Buyers? By [Author’s Name] In a recent press conference on financial statistics, Zou Lan, the director of the Monetary Policy Department of the People’s Bank of China, highlighted the need for changes in the wealth management […]
Loosening of Property Market Restrictions Met with Disapproval from Netizens
Chief Executive of Hong Kong Monetary Authority Announces Loosening of Property Market Restrictions The Hong Kong government’s Chief Executive of the Monetary Authority, Mr. Yue Wai-man, recently announced a series of measures aimed at stimulating the property market. These measures, which include lower mortgage ratios, were unveiled at a press conference held by Yu Weiwen, […]
