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Property News for 18 October 2021
Homebuilder sentiment bounces back despite ongoing supply chain problems
CNBC - 18 Oct 2021 16:09
Homebuilder confidence rose in October thanks to strong buyer demand.
Mortgage originations will drop 33% in 2022 as interest rates rise, according to industry forecast
CNBC - 18 Oct 2021 14:53
The average rate on the popular 30-year fixed loan will rise to 4%, a full percentage point higher than it is now, MBA economists say.
Defaults loom over more property developers as China reassures investors on Evergrande
CNBC - 18 Oct 2021 07:14
Amid the Evergrande crisis, more Chinese developers are facing defaults, as ratings agencies dished out a fresh round of downgrades.
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