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Market move▼ Bearish for Indian equities
Mortgage rates jump for the sixth straight week, hitting both refinance and homebuyer demand hard
The brief
- Mortgage demand fell for the seventh straight week as 30-year fixed rates rose well over 7%
- Higher borrowing costs may weigh on Indian housing finance and real-estate demand
- China unveils rate cut, mortgage subsidies to spur growth
- Foreign investors are back: India real estate draws record $9.5 bn in Q3
- Signatureglobal targets ₹6,000 crore GDV from Gurugram luxury villa project; launch in 9-12 months
- Buying property from an NRI gets easier from October 1: Check key rule changes for residents and HUFs
- Signatureglobal plans 194-acre Gurugram project with ₹5,500-6,000 crore GDV