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  • August 2, 2014
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Results 1 - 2 of 2 for subprime mortgages

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  1. Property - International - SOUTH KOREA

    More South Koreans opting to lease as home values fall, pushing up rents

    Posted Sep 11th 2013, 12:00am by Bloomberg

    ... taxes and tougher mortgage lending rules that included introducing debt-to-income and loan-to-value ratios to reduce the amount borrowers could get from banks. Efforts to breathe life back into the property market since 2008- including temporary tax cuts, relaxing the debt-to- income measures that apply to mortgage loans and increasing home supply- have stumbled after the global financial ...

  2. Property - International - SOUTH KOREA

    Housing slump holds back rebound in South Korean economy

    Posted Aug 07th 2013, 12:00am by Bloomberg

    ... cuts expired, according to data on the city's website. National home prices were flat or fell for 14 straight months to July, according to Kookmin Bank, the nation's largest mortgage ... at SG Securities. "Given the large share of household wealth in real estate and the heavy reliance on mortgages, consumers will continue to scrimp on spending unless property prices make ...



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