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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. ....

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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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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. ....

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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. ....

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