Fewer first-time home buyers as high interest rates hit property market - Ooba

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Regional sales manager at Ooba Home Loans, Natasha Champion, says the property market has seen a decline in first-time buyers as high interest rates spook consumers.

The reserve bank recently hiked the repo rate to 8.25%, pushing the prime lending rate up to 11.75%.

The changes in the interest rates have increased the price of loans, especially for home and car owners."There's no doubt about it. We've had so many blows in terms of interest rate hikes, that we're all seeing stars. So, anyone that's currently linked to any interest-sparing debt, that's definitely a challenge. People are feeling it in their pockets.""We have seen a year-on-year 20% reduction in our volumes.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 30. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Former Prasa chair moves out of company-owned luxury home after exposéLeonard Ramatlakane, the former chair of the Passenger Rail Agency of SA (Prasa), moved out of a posh property belonging to the struggling state-owned entity in March
출처: SowetanLIVE - 🏆 13. / 63 더 많은 것을 읽으십시오 »