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Homebuyers in Thailand Face Soaring Mortgage Rejections

CHIANG RAI – Buying a house in Thailand used to depend heavily on proving your monthly income. Now, it takes a lot more to get the green light from financial institutions. Mortgage rejection rates have skyrocketed recently, hitting unprecedented highs across the entire country. This growing credit crunch is causing serious trouble for hopeful homeowners […] The post Homebuyers in Thailand Face…

Homebuyers in Thailand Face Soaring Mortgage Rejections

We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.

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Oil slides, heads for weekly gain

HOUSTON: Oil prices slid on Friday but were on course to gain more than 6 percent for the week after the United States and Iran resumed military exchanges in the seventh month of their conflict, while…

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