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BAY to raise rate on mortgage demand
Business, Somruedi Banchongduang, Published on 06/07/2018
» Bank of Ayudhya (BAY), the country's fifth-largest bank by assets, plans to raise the interest rate of its introductory teaser rate mortgage by at least 25 basis points this half, following stronger housing loan demand in the first half.
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Fragile residential market presaged
Business, Somruedi Banchongduang, Published on 06/07/2018
» A higher ratio of new mortgages with loan-to-value (LTV) rates exceeding 90%, the increasing loan-to-income (LTI) proportion and deteriorating bad mortgage rates all point to the residential property market's fragility, warns the Bank of Thailand's Monetary Policy Committee and Financial Institutions Policy Committee.
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