Homebuyers reluctant to take out loans despite low interest rates

Homebuyers reluctant to take out loans despite low interest rates

Concerns about rising floating interest rates and stringent borrowing conditions have subdued the demand for home loans among individuals and investors.
“Exhausted” businesses out of reach of support

“Exhausted” businesses out of reach of support

While businesses are struggling with cash shortages, the drop in interest rates and loosened borrowing conditions may yet save them and enable a quick resumption of production.