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Major banks to raise their fixed mortgage rates in January | The Asahi Shimbun: Breaking News, Japan News and Analysis

Leading Japanese banks will raise their fixed housing loan rates in January following a Dec. 20 policy tweak by the Bank of Japan that pushed up long-term interest rates, sources said.

United statesTakashi shiozawaBank ltdJapan housing finance agencySumitomo mitsui banking corpLeading japaneseSumitomo mitsui bankingMitsui bankingJapan housing financeAsahi shimbun

Homeowners in Japan now facing an unfamiliar headache: higher mortgages

Homeowners in Japan now facing an unfamiliar headache: higher mortgages
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Masaaki kannoTakayuki nakamuraFumio kishidaTakashi shiozawaMfs incJapan housing finance agencySony financial groupToyota motor corpMinister fumio kishidaToyota motor

Japanese homeowners face an unfamiliar headache: higher mortgages

"It's kind of obvious that I'm going to end up paying more." The Bank of Japan whipsawed global financial markets when it said on Tuesday it would allow rates to rise a little more, signalling a potential end to ultra-low rates and easy money after decades of trying to revive the world's No.3 economy. Like Nakamura, many Japanese fear they may eventually start paying more for mortgages.

Masaaki kannoTakayuki nakamuraFumio kishidaTakashi shiozawaJapan housing finance agencySony financial groupToyota motor corpMinister fumio kishidaBsfs incOny financial 39 sToyota motor corpThe bank of japanJapan housing finance agencyOgecheck jpTakayuki nakamuraMasaaki kanno

Japanese Homeowners Face An Unfamiliar Headache: Higher Mortgages

When salaryman Takayuki Nakamura bought his Tokyo home last year, he got a floating-rate mortgage at a rock-bottom 0.35% and an assurance from the real estate agent that rates weren t going anywhere.

Masaaki kannoTakayuki nakamuraFumio kishidaTakashi shiozawaJapan housing finance agencySony financial groupToyota motor corpMinister fumio kishida

BOJ s widening of yields band to raise housing loans, hits consumers

The Bank of Japan's surprise decision to allow long-term interest rates to move in a wider range will likely raise borrowing rates for households taking out housing loans.

Takashi shiozawaHaruhiko kurodaInterest rateJapan inflationInflation japanJapan rateDate japan

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