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Sept 18 — Zhang Xuetao, director of the Real Estate Market Supervision Department at the Ministry of Housing and Urban‑Rural Development, told a State Council press briefing that during the 15th Five‑Year Plan period China broadened housing provident

2026-09-18

Sept 18 — Zhang Xuetao, director of the Real Estate Market Supervision Department at the Ministry of Housing and Urban‑Rural Development, told a State Council press briefing that during the 15th Five‑Year Plan period China broadened housing provident fund withdrawal conditions from six to nine, adding routine items such as home renovation and property‑management fees. The ministry said it will further deploy the housing provident fund to support renting, home purchases, repairs and housing maintenance to serve housing consumption across the life cycle.

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2026-09-18

Freddie Mac said Thursday the average 30-year fixed mortgage rate rose to 6.95% from 6.76% a week earlier, the highest level since January 2025 and up from 6.26% a year ago. The increase follows the Fed’s 25bp rate hike on Wednesday and bolsters mark

Freddie Mac said Thursday the average 30-year fixed mortgage rate rose to 6.95% from 6.76% a week earlier, the highest level since January 2025 and up from 6.26% a year ago. The increase follows the Fed’s 25bp rate hike on Wednesday and bolsters market expectations that borrowing costs may not fall in the near term, hitting prospective buyers who had expected relief in 2026. Intercontinental Exchange estimates mortgage payments on a dlr440,000 home now consume 31% of median household income, the most since July 2025. NAHB builder confidence plunged to a one-year low this month. The Trump administration is attempting to support housing via bond purchases and deregulation, but a rapid market recovery appears increasingly unlikely.
2026-09-18

Romanian president announced on the 17th the appointment of European Parliament member Siegfried Muresan as prime minister, marking his third prime ministerial appointment this year.

Romanian president announced on the 17th the appointment of European Parliament member Siegfried Muresan as prime minister, marking his third prime ministerial appointment this year.
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