Taiwan mortgage rates 結果共6筆

Taiwan’s mortgage rates rise as banks tighten lending, impacting homebuyers. Analysts predict further increases in late 2024. Explore market trends and forecasts.

The Ministry of Finance in Taiwan addresses concerns over banks tying mortgage insurance to loan approvals. It emphasizes compliance with regulations and monitors public banks.

Taiwan’s housing market may slow in Q4 2024, with high, volatile prices. Central bank policies impact residential more than commercial real estate, affecting agents and developers.

Young adults in Taiwan face record-high mortgages, with only 21% of young people in Taipei City owning homes. Rising property prices are attributed to labor and material shortages and increasing land prices. Homeownership among young people dropped to 32.2% in 2023, with Taipei and New Taipei having the lowest rates. Kaohsiung has the highest rate of young homeowners at 37.3%.

Kuomintang (KMT) presidential candidate Hou Yu-ih has unveiled a new housing policy aimed at helping young people in Taiwan purchase their first homes. The initiative is targeted at individuals under 40 years old who have never owned property and face income restrictions. Under the plan, qualified buyers can receive a loan of up to NT＄15 million with no down payment required. They will also enjoy a 0.5% subsidy on their mortgage interest rates, with public banks cutting the rates in half after five years. The policy will last for five years and includes restrictions on reselling the purchased properties for a maximum of ten years to address housing market speculation concerns. Hou criticized the current New Residential Loans Policy for its lack of age and income restrictions, allowing affluent individuals to benefit and non-first-time buyers to take advantage of policy perks. The plan aims to ensure fairness and accessibility for those in genuine need of support in purchasing their first homes.

Rising interest rates for housing mortgages make owning a home an even more elusive dream for many Taiwanese, including Ms. Chang, an office worker and a mom of three. After being married for over ten years, her family is still unable to buy a house.