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CNN CNN Newsroom With Pamela Brown June 4, 2024 01:41:00

Think we have to pay attention to that. >> thats a really -- thats really great advice. so you mentioned inflation. lets talk mortgage rates. with the fed raising interest rates to fight inflation this year, rates have hit nearly 5%. that is the highest its been in a decade. so how does that affect buyers? >> yeah, thats a very good question. i mean, interest rates have definitely made it tougher in terms of an affordability standpoint for some. but i also think its a good thing. i think its goo...
Interest Rates Talk Mortgage Rates Affect Buyers Affordability Standpoint Lending Space

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BBCNEWS World Business Report June 4, 2024 04:42:00

Because of lower credit loss provisions so that released more of that earnings coming out and also, there has been great growth in the personal and wealth lending space which asia is pretty strong. i actually think interest rate is actually think interest rate is actually passed the negative and if you look at the interest rate margins, it is been lower because of the interest rate position. so its really because of some temporary factors such as the year on year comparison and credit loss provi...
Credit Loss Provisions Lending Space Interest Rate Interest Rate Position Interest Rate Margins Janet Mui

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