Kuroda Stimulus Backfires as Mortgage Costs Rise

Bank of Japan Governor Haruhiko Kuroda’s stimulus policies are backfiring in the housing market, where mortgage rates are rising even as the central bank floods the financial system with cash. Fixed 35-year home-loan costs rose to 1.81 percent this month, the first increase since February and up…

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Kuroda Stimulus Backfires as Mortgage Costs Rise

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