Author: Jordan

New research from Roy Morgan shows 26.8% of mortgage holders ‘At Risk’ of ‘mortgage stress’ in the three months to March 2026, up 1.9% points from February 2026, after the Reserve Bank raised interest rates for a second straight month in March by +0.25% to 4.1%.A share of 26.8% of mortgage holders ‘At Risk’ of mortgage stress is equivalent to 1,447,000 people – up 130,000 on a month ago. The record high of 35.6% of mortgage holders ‘At Risk’ of mortgage stress was reached back in mid-2008.The number ‘At Risk’ of mortgage stress is virtually unchanged on a year agoThe…

Karawang, IO – Andi Amran Sulaiman, the head of the National Food Agency (Bapanas) and Minister of Agriculture, detailed the indications of Indonesia’s food self-sufficiency attained during President Prabowo Subianto’s administration. On April 23, 2026, the remarks were presented during an interactive discussion with observers, academics, and members of the press at the Perum Bulog Filial Warehouse in Karawang, West Java. In his presentation, Amran stated that imports of major staple food items for consumption account for only about 5% of overall domestic demand. This figure is well within the Food and Agriculture Organization’s (FAO) requirements for food self-sufficiency. “What…

Stock markets around the world sold off sharply after the US and Israel attacked Iran on February 28. Despite the blockade of the Strait of Hormuz since the war began, global stock prices have rebounded since the end of March. That is surprising, given that many countries’ economies are vulnerable to stagflation and even recessions if oil prices remain elevated and oil shortages occur. Even more surprising is that industry analysts have raised their forward earnings expectations to record highs for the All Country World (ACW) ex-US MSCI in recent weeks, and at a faster pace (chart). They are either…

Korea mortgage rates rise sixth month as borrowers shift to variable loans – CHOSUNBIZ Chosunbiz Source link

Gold and Silver are not responding to Dollar—and that is a warning signal. Despite a weaker USD at the start of the week, both Gold and Silver have failed to attract meaningful buying interest, trading instead in narrow ranges. This breakdown in the usual inverse correlation suggests that markets are shifting focus away from currency moves and toward a more dominant driver: central bank policy risk. This week’s lineup of major central bank meetings has effectively frozen conviction. With the Fed, ECB, and BoE all set to speak, traders are reluctant to take directional bets in precious metals until there…

The Mortgage Works is cutting rates by up to 0.20 percentage points on selected buy-to-let and let-to-buy products across its new business mortgage range, effective 22 April 2026. Three remortgage products are affected by the changes: A two-year fixed-rate buy-to-let mortgage at 3.74% (reduced by 0.05%), with a 3% fee, available up to 65% LTV with free valuation and free legal. A five-year fixed-rate buy-to-let mortgage at 4.37% (reduced by 0.15%), with a 3% fee, available up to 55% LTV with free valuation and free legal. A five-year fixed-rate buy-to-let mortgage at 4.99% (reduced by 0.20%), with…

The General Administration of Customs will support the development of bulk commodity logistics hubs in China’s comprehensive bonded zones to strengthen the security of strategic mineral supplies, said customs officials on Monday. Speaking at a news conference in Beijing, Pan Cheng, director of the GAC’s department of free trade zone and special control area, said this will encourage local governments to leverage their geographical and resource advantages, making full use of the functions of comprehensive bonded zones to develop integrated hubs for the collection, storage and distribution of bulk commodities such as energy products and minerals. According to the outline…

Landbay launched a number of its Premier range buy-to-let products in Scotland, following an initial phased rollout, making 75% LTV deals available to the whole broker market for landlords with up to 15 mortgaged properties, with two-year fixes from 3.14% (5% fee) to 5.64% (zero fee) and five-year remortgage fixes from 4.19% (5% fee) to 5.25% with free valuation and £500 cashback. LiveMore cut its minimum borrower age to 40 from 50, expanding eligibility for its later-life lending products. London Credit launched an enhanced refurbishment finance range for property investors across residential, semi-commercial and commercial properties, offering £150,000 to £3…

ROANOKE, Va. – On April 20, MemberOne Credit Union and Virginia One Credit Union merged. Since then, dozens of people have had issues with their bank accounts.One man, Chad Baldwin, says he went to MemberOne for a home equity line of credit at the beginning of the year.Because of the merger, he was moved to Virginia Credit Union. While the equity line“The merger wasn’t completed until April the 20th and then when I had to make those payments, I had to transfer wire money from member one to Virginia Credit Union,” Baldwin said. “I had set up another checking account…

Investing.com– Oil prices rose in early Asian trade on Tuesday, extending recent gains as markets watched to see whether the U.S. and Iran could reach a deal to reopen the Strait of Hormuz.  rose 0.3% to $96.62 a barrel by 19:42 ET (23:42 GMT), after rallying over 2% in the prior session.  Get more insights on oil prices and the impact of the Iran war by subscribing to InvestingPro Reports earlier this week showed Tehran had offered a new proposal to reopen Hormuz and end the war– one that was now being considered by Washington.  But a Wall Street Journal report…