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Homeowners in Japan now facing an unfamiliar headache: higher mortgages

Homeowners in Japan now facing an unfamiliar headache: higher mortgages
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Masaaki Kanno , Takayuki Nakamura , Fumio Kishida , Takashi Shiozawa , Mfs Inc , Japan Housing Finance Agency , Sony Financial Group , Toyota Motor Corp , Minister Fumio Kishida , Toyota 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. ....

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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 Kanno , Takayuki Nakamura , Fumio Kishida , Takashi Shiozawa , Japan Housing Finance Agency , Sony Financial Group , Toyota Motor Corp , Minister Fumio Kishida ,

Bank of Japan chief risks hitting inflation goal in a way he doesn't want

Economists are predicting core consumer prices will rise at a pace of 2% or more this year as surging energy prices, a weakening yen and stabilizing phone charges feed inflation. ....

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BOJ defends key bond yield target as global rates pressure builds

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