{"id":128080,"date":"2022-07-07T15:34:07","date_gmt":"2022-07-07T08:34:07","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-increase-in-interest-rate-has-limited-impact-on-the-uae-property-market\/"},"modified":"2022-07-27T07:10:00","modified_gmt":"2022-07-27T00:10:00","slug":"the-increase-in-interest-rate-has-limited-impact-on-the-uae-property-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-increase-in-interest-rate-has-limited-impact-on-the-uae-property-market\/","title":{"rendered":"The increase in interest rate has limited impact on the UAE property market"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/07\/Gaurav-Aidasan-1000x667-1.jpg?fit=1000%2C667&amp;ssl=1\" width=\"1000\" height=\"667\">&#013;<br \/>\nIn response to rising interest rates, UAE banks have started offering long-term fixed rates on mortgages, from 3.5% for up to 5 years&#013;<br \/>\n&#013;<br \/>\nSource : arabianbusiness.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.arabianbusiness.com\/opinion\/the-increase-in-interest-rate-has-limited-impact-on-the-uae-property-market\" target=\"_blank\" rel=\"noopener\">The increase in interest rate has limited impact on the UAE property market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; In response to rising interest rates, UAE banks have started offering long-term fixed rates on&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":128081,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-128080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/07\/Gaurav-Aidasan-1000x667-1.jpg?fit=1000%2C667&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-xjO","jetpack-related-posts":[{"id":38241,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-costs-will-rise-but-not-immediately\/","url_meta":{"origin":128080,"position":0},"title":"Mortgage costs will rise, but not immediately","date":"December 16, 2016","format":false,"excerpt":"\r Mortgage costs in the UAE will increase after the US Fed's rate rise and are forecast for further rises next year. But that is unlikley to deter a recovery next year in property prices, particularly in Dubai.The US Federal Open Market Committee decision to raise rates for the the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uae-central-banks-move-to-raise-rates-will-increase-profitability-for-banks-lenders-and-will-help-contain-inflation-experts\/","url_meta":{"origin":128080,"position":1},"title":"UAE Central Bank\u2019s move to raise rates will \u201cincrease profitability for banks, lenders\u201d and will help contain inflation: experts","date":"March 17, 2022","format":false,"excerpt":"\r Given the UAE economy's impressive recovery from the pandemic, and the significant rise in oil prices, the impact of a rate hike on economic growth could be limited in the near term, experts said\r \r Source : arabianbusiness.com\r Read more...UAE Central Bank\u2019s move to raise rates will \u201cincrease profitability\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/03\/UAE-dirhams1-1000x667-2.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":126630,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-will-impact-uae-consumers-more-rising-interest-rates-or-higher-prices-due-to-inflation\/","url_meta":{"origin":128080,"position":2},"title":"What will impact UAE consumers more: Rising interest rates or higher prices due to inflation?","date":"May 5, 2022","format":false,"excerpt":"\r The US Federal Reserve's \"aggressive rate hike\" is in line with efforts to stop the economy from overheating and reduce inflation that is running at its highest levels in four decades, experts said\r \r Source : arabianbusiness.com\r Read more...What will impact UAE consumers more: Rising interest rates or higher\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/05\/UAE-Dirham-Notes-1000x625-1.jpg?fit=1000%2C625&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":426,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/further-pain-for-uae-homeowners-with-mortgage-rate-rises-in-store\/","url_meta":{"origin":128080,"position":3},"title":"Further pain for UAE homeowners with mortgage rate rises in store","date":"December 21, 2015","format":false,"excerpt":"\r \r Home financers are set to come under pressure to raise mortgage costs for the first time since the financial crisis as interbank borrowing rates spike.It follows the first rate rise by the US Federal Reserve in almost a decade, and a 17 per cent jump in UAE interbank\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":900,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uae-homeowners-feel-the-pinch-as-mortgages-rise-on-back-of-fed-rate-increase\/","url_meta":{"origin":128080,"position":4},"title":"UAE homeowners feel the pinch as mortgages rise on back of Fed rate increase","date":"January 6, 2016","format":false,"excerpt":"\r \r UAE homeowners have been hit by new year mortgage rate increases as banks pass on rising interbank-borrowing costs. HSBC Middle East raised its mortgage rate based on its Emirates Interbank Offered Rate (Eibor) by just under a quarter per cent from the start of the month. A spokeswoman\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48358,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-is-100-per-cent-not-going-to-help-the-dubai-property-recovery\/","url_meta":{"origin":128080,"position":5},"title":"&#039;This is 100 per cent not going to help the Dubai property recovery&#039;","date":"March 17, 2017","format":false,"excerpt":"\r Property buyers in the UAE will end up paying more for their purchases as a rise in US interest rates threatens to delay a housing market rebound. The Central Bank of the UAE swiftly raised its interest rates because of its currency peg with the US dollar after the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/128080"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=128080"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/128080\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/128081"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=128080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=128080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=128080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}