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Market move● Neutral for Indian equities
8% mortgage rates are ‘not an impossibility’ as the 30-year fixed rate surges
The brief
- The 30-year fixed mortgage rate could reach 8%
- The 10-year Treasury is up sharply
- Buying property from an NRI gets easier from October 1: Check key rule changes for residents and HUFs
- Sensex jumps 105 pts; realty shares advance
- Bond bombshell
- PAN-based TDS reporting eases compliance for NRI property purchases from October 1