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Japanese rush into flexi-rate mortgages raises concerns

Proportion of such home loans in Feb jumps to 42.8%, highest since Dec
Thursday, August 14, 2014 - 06:00

[TOKYO] Japanese homebuyers are piling into floating-rate mortgages, stirring debate over whether they are too complacent as Bank of Japan (BOJ) stimulus revives inflation. The proportion of home loans with adjustable rates climbed to 42.8 per cent of Japan's new lending in February, the highest

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