Real estate company Propy is about to launch a cryptocurrency mortgage service for the purchase of property. Bitcoin and Ethereum holders can use their crypto assets as collateral to obtain loans to purchase tokenized properties. Propy plans to sell a tokenized apartment in Hawaii on January 29, and the entire property tokenization process will take about two weeks to complete.
U.S. mortgage rates fell for the second straight week. Freddie Mac said Thursday that the average for 30-year fixed-rate mortgages in the U.S. was 6.69 percent, the lowest level since Oct. 24 and a further pullback from last week's 6.81 percent. However, borrowing costs remain well above September levels and real relief from stress may be a long way off. Real estate firm Redfin expects 30-year mortgage rates to remain fairly close to 7 percent throughout 2025.
U.S. mortgage rates fell for the second straight week. Freddie Mac said in a statement Thursday that the average level for 30-year fixed-rate mortgages was 6.69 percent, the lowest since Oct. 24 and down from last week's 6.81 percent. Borrowing costs remain well above September levels and real relief from stress may be a long way off. Redfin Corp. expects 30-year mortgage rates to remain fairly close to 7 percent throughout 2025.
The UK's October central bank mortgage approval will be announced in ten minutes.
In October, the British central bank's mortgage loan license 68,303, expected to 64,500, the previous value was revised from 65,647 to 66,115.
On November 11, the reporter learned from the People's Bank of China that the weighted average interest rate of newly issued corporate loans in October was about 3.5%; the interest rate of newly issued personal housing loans was about 3.15%, both at historically low levels. In addition, the scale of personal housing loans stabilized in October, which was significantly better than the average monthly decrease of 69 billion yuan in the first nine months and the level of the same period in the prev...
Lido Institutional announced that Wintermute has added collateral support for stETH, which will serve as collateral for Wintermute over the counter, allowing institutions to maximize their assets and improve trading efficiency.
Halifax, the UK's largest mortgage lender, reported its strongest annual house price growth since November 2022.
On September 4th, the reporter learned from a number of banks in Beijing that the number of customers who pay off their mortgages in advance has increased. A number of bank staff told reporters that the advance repayment of mortgages requires an appointment in advance, and the waiting time is generally about 1 month; the repayment amount is not limited by funds, and customers can choose partial repayment or one-time repayment, but some banks say they need to pay 10,000. However, some banks do no...
1. The starting amount of online mortgage repayment in Guangzhou is 50,000 yuan? The reporter learned more: There are differences in the prepayment execution standards of ICBC in various places. 2. 110 new housing projects in Chengdu have joined the "trade-in". 3. The pressure on housing costs has surged, and rich countries are facing high challenges and voters' attention. 4. Jiangxi Ruijin has introduced "17" new real estate policies to dynamically adjust the transaction taxes and fees of exist...
On September 2nd, there are rumors that when users in Guangzhou apply for early mortgage repayment on the Industrial and Commercial Bank of China APP, they are rejected because the input amount is less than 50,000 yuan. There are ICBC mortgage customers in Beijing showing that there is currently no restriction on the amount of early loan repayment tips in Beijing. However, early mortgage repayment requires an appointment, and the earliest appointment date is October 2nd. The customer tries to ma...
On September 2nd, China Merchants Bank held a 2024 interim results exchange meeting today. When asked about the "stock mortgage to mortgage", the governor Wang Liang said that he has not received any relevant notice and the policy has not been confirmed. Wang Liang also admitted that if the relevant policy is to be introduced, it will have a certain negative impact on the stock mortgage interest rate of the banking industry. "I think the macro management department will do a full demonstration a...
On August 23rd, the reporter learned that the Shanghai Association of Banks recently issued a notice on further strengthening the self-discipline of the personal housing loan business of the Shanghai banking industry. The notice stated that since August 16th, all member units are strictly prohibited from paying commissions to housing cooperation institutions, etc., and the stock business needs to be rectified within one week (7 natural days) after the issuance of this notice.
On August 22nd, Balanced launched the Injective mainnet, bringing the over-collateralized bnUSD stablecoin to the Injective ecosystem. Balanced allows users to borrow their native stablecoin (bnUSD), exchange it across chains, and transfer assets from any network integrated with Balanced to Injective, enabling near-instant transactions at a cost of just a few cents. According to the introduction, Balanced is a cross-chain platform that allows users to borrow, exchange, and bridge native assets a...
Clearpool, a mortgage lending marketplace, is developing Ozean - a Layer2 blockchain that will be part of the Optimism ecosystem. Ozean is built on OP Stack and donates a portion of its revenue to Optimism Collective. It is powered by Caldera's rollup-as-a-service platform. The blockchain plans to integrate real-world assets into DeFi in a compliance manner, providing native on-chain benefits through a new staking mechanism using CPOOL tokens.