Posts in

Archives


The bank’s chief advised mortgage holders to perform economic stress tests to see if their budgets could tolerate a possible rise in interest rates. File photo of Bank of Finland President Olli Rehn. Image: Henrietta Hassinen / Yle Interest rates on home loans are expected to rise in the fall of 2019, according to Olli …

The government pension fund Government Service Insurance System (GSIS) will from next month offer a home loan waiver program covering more than 15,000 borrowers with outstanding obligations. In a statement Friday, GSIS President and CEO Jesus Clint O. Aranas said the waiver would cover 100% of unpaid penalties as well as surcharges for homebuyers and …

Bond investors who have bWhen you invest money in bank loans through mutual funds and ETFs, you may be surprised to learn that their growing popularity has increased their investment risks. Bank loans, which are high-yield loans made by banks to high-risk corporate borrowers and also known as leveraged loans, are repayable. According to AllianceBernstein …