US 30-year fixed-rate mortgage hit new low
The average rate on the popular U.S. 30-year fixed-rate mortgage has fallen to its lowest level since May 2023.…
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Mortgage
BoC likely to leave overnight rate untouched
The Bank of Canada (BoC) is expected to maintain its key overnight rate at 5 per cent despite recent data…
PREDCO, Aspire Holding plan inaugurate joint mortgage company
Pioneers Properties for Urban Development (PREDCO) and Aspire Capital Holding for Financial Investments intend to…
Egypt’s central bank launches mortgage initiative for low, middle income citizens
Egypt’s central bank has launched on Tuesday a mortgage initiative, allocating 100 billion Egyptian pounds ($6.4…
Egypt’s FRA: leasing companies can delay loan repayments for 6 months
Egypt’s market watchdog, the Financial Regulatory Authority (FRA) issued a decree that makes mortgage, financial…
Egypt’s NBE injects $518.6mn among CBE’s mortgage initiative
Egyptian largest state-owned lender, National Bank of Egypt (NBE) says it has pumped 8.2 billion Egyptian pounds ($…
Egypt’s Beltone to launch two subsidiaries to provide leasing, mortgage services
Egyptian investment bank Beltone Financial Holding said on Monday its board approved to launch two 98 percent-owned…
U.S. housing sector continues to tread water
Sales of new U.S. single-family homes rebounded sharply in June, yet sales for the prior three months were revised…
INTERVIEW: Egypt’s EFG Hermes mulls move into insurance, mortgage sectors
Egyptian investment bank EFG Hermes is considering expanding into the insurance and mortgage sectors after…
European markets seen lower ahead of more Fed comments
European equities are seen lower on Thursday morning as investors watch out for fresh comments from Fed Chairman…
