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Showing 1-4 of 4 results
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How interest rates affect household debt
Business, Somruedi Banchongduang, Published on 09/11/2023
» Elevated interest rates became the topic of public discussion recently after a homebuyer posted her home instalment payment of 10,900 baht on social media, of which the principal accounted for only five baht, while interest expense was 10,894.5 baht.
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BoT vows to maintain LTV regulations
Business, Somruedi Banchongduang, Published on 05/09/2020
» The Bank of Thailand has been closely monitoring property supply amid the slower pace of residential project sales, vowing to keep loan-to-value (LTV) regulations for mortgage loans unchanged.
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CIMBT hikes teaser rate for home loans
Business, Somruedi Banchongduang, Published on 04/03/2019
» CIMB Thai Bank (CIMBT) has raised its teaser rate for new home loans and mortgage refinancing by 0.1-0.15 percentage points, ending the bank's low introductory rate of below 3%.
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BoT: Property sector cooling with economy
Business, Somruedi Banchongduang, Published on 12/06/2013
» The recent slowing of the Thai economy is helping to ease concerns about the overheating property sector, although the Bank of Thailand will keep monitoring the situation, says governor Prasarn Trairatvorakul.
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