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  • July 11, 2014
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Results 1 - 4 of 4 for subprime mortgages

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  1. Property - International - SWITZERLAND

    Alarm sounded as threat of a Swiss housing market bubble grows

    Posted Nov 13th 2013, 04:01am by Bloomberg

    ... the strongest rise in two decades, with the central bank's loose monetary policy keeping the cost of taking out a mortgage low. The benchmark interest rate of the Zurich-based Swiss National Bank (SNB) has been at zero since August 2011. The rate of credit growth is outpacing that of the economy, and the ratio of private debt, primarily mortgage loans, now stands at a record 170 per cent ...

  2. Property - International - SWITZERLAND

    Will Switzerland's red-hot housing market boil over?

    Posted Aug 15th 2012, 12:00am

    ... Reuters in Kuesnacht, Switzerland A surge in housing prices suggest a bubble is forming, as low interest rates fuel mortgage lending and immigrants stoke real estate demand Will hot Swiss ... per cent from four years ago and competition among mortgage lenders is fierce. Mortgage loans by banks are now equal to 130 per cent of gross domestic product, up about 10 percentage points ...

  3. Property - International - SWITZERLAND

    Swiss housing market moved closer to bubble territory in first quarter: UBS

    Posted May 08th 2013, 12:00am by BLOOM

    ... announced that banks would have to hold additional capital to guard against losses on mortgage loans. The rules, which come into effect in October, are in addition to new guidelines introduced last June to discourage banks from handing out loans to clients who cannot afford them. Even so, the rise in the first-quarter index was caused by increasing prices and more mortgage lending, ...

  4. Property - International - SWITZERLAND

    Swiss banks told to rein in lending or face restrictions as bubble fears grow

    Posted Feb 20th 2013, 12:00am by BLOOM

    ... Swiss measure intended to curb credit growth, and is likely to push up down payments for buyers and reduce size of mortgages available Switzerland's central bank has a message ... against risks posed by the country's biggest property boom in two decades. The amount, set at 1 per cent of banks' risk-weighted assets tied to domestic residential mortgages, can ...



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