In addition to Chinese New Year, Chinese credit growth tends to oscillate month-to-month. Those looking for more lending growth will have to wait for March.
Reuters: China Feb new yuan loans fall to 726.6 bln yuan, missing forecasts
Growth in the money supply pushed reserve coverage of M2 money supply below 15%.
"The Lock-In Effect of Rising Mortgage Rates"
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Today, in the Calculated Risk Real Estate Newsletter: "The Lock-In Effect
of Rising Mortgage Rates"
A brief excerpt:
Here is new working paper from Feder...
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