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Market move● Neutral for Indian equities
30-year mortgage rate posts biggest jump in four years
The brief
- The 30-year mortgage rate posted its biggest jump in four years, reaching roughly a three-year high
- The rise is a fresh setback for an already depressed US housing market
- 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