(Bloomberg) -- Japanese property stocks fell, led by
Mitsubishi Estate Co., after the Nikkei newspaper reported the
country's four largest lenders will raise interest rates on 10-
year fixed-rate mortgages from today. Higher mortgage rates may
damp demand among consumers for buying property.
Lenders such as Mizuho Financial Group Inc. climbed.
Read more at Bloomberg Stocks News
Mitsubishi Estate Co., after the Nikkei newspaper reported the
country's four largest lenders will raise interest rates on 10-
year fixed-rate mortgages from today. Higher mortgage rates may
damp demand among consumers for buying property.
Lenders such as Mizuho Financial Group Inc. climbed.
Read more at Bloomberg Stocks News
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