Despite being at a historic low of 8 %, Brazil's
key interest rate remains high, and a rise in rates could make first - time buyers struggle to finance their mortgages.
Not exact matches
Economic data
remains a
key indicator for
interest rates.
Against this backdrop, Governing Council decided to leave our
key policy
interest rate unchanged, as we judged that the balance of risks at present are still within the zone for which the current policy setting
remains appropriate.
The nation's aging population, higher projected demand for tax efficient savings products and rising
interest rates remain key to Athene's future growth, Athene officials said.
Economists don't expect the central bank to raise its
key interest rate target any time soon, but it
remains well below what is considered a normal level.
Another
key characteristic of the fixed -
rate mortgage is that monthly principal and
interest mortgage payments
remain constant throughout the life of the loan, to the very last month when the loan is finally paid off.
(There's even speculation our central bank could hike
interest rates a second time this year if
key economic indicators
remain strong.)
Assuming that
interest rates remain steady and economic indicators strong, inventory of homes to sell will be the
key factor that determines how many homes inevitably will be sold and at what prices.
(There's even speculation our central bank could hike
interest rates a second time this year if
key economic indicators
remain strong.)