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Housing markets : central banks taketh away

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<titleInfo>
<nonSort xml:space="preserve">Hous </nonSort>
<title>ing markets</title>
<subTitle>: central banks taketh away</subTitle>
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<issuance>monographic</issuance>
<place>
<placeTerm type="text">Adliswil, Swiss</placeTerm>
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<publisher>Swiss Re Institute</publisher>
<dateIssued>2022</dateIssued>
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<abstract displayLabel="Summary">Surging interest rates are increasing mortgage servicing costs and making new house purchases less affordable. House price corrections are likely, with levels of debt and prices already elevated. Fixed rate mortgages may only offer limited protection if central banks keep rates higher for longer to bring inflation down. Insurers could face both business and investment risk exposures.</abstract>
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<topic>Bancos centrales</topic>
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<topic>Mercados financieros</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080588953">
<topic>Análisis de riesgos</topic>
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<classification authority="">7</classification>
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<title>Economic insights</title>
<partNumber>Issue 17/2022</partNumber>
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<title>Economic Insights</title>
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