Tag: rates
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How interest rates will drive Canada’s housing market in coming months
[ad_1] Breadcrumb Trail Links Real Estate News Mortgages Economy ‘The only thing that matters right now are interest rates’ Published Oct 08, 2023 • Last updated 10 hours ago • 3 minute read A ‘For Sale’ is sign is displayed in front of a house in the Riverdale area of Toronto. Photo by Evan Buhler/The Canadian…
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Hiring Is Rising Along With Rates. Are They on a Collision Course?
[ad_1] Heather Mahmood-Corley, a real estate agent, was seeing decent demand for houses in the Phoenix area just a few weeks ago. But as mortgage rates pick up again, she is already watching would-be home buyers retrench. “You’ve got a lot of people on edge,” said Ms. Mahmood-Corley, a Redfin agent who has been selling…
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Growing wages may force Bank of Canada to raise interest rates again
[ad_1] Breadcrumb Trail Links News Economy Rising wages represent a complicating factor because central bankers believe they can be inflationary Published Oct 06, 2023 • Last updated 3 days ago • 5 minute read Bank of Canada governor Tiff Macklem. Wage growth has been of concern to the central maker’s policymakers as they attempt to rein…
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Higher Rates Stoke a Growing Chorus of Deficit Concerns
[ad_1] The U.S. government’s persistent budget deficit and growing debts were low on Wall Street’s list of worries when interest rates were at rock bottom for years. But borrowing costs have risen so sharply that it is causing many investors and economists to fret that the United States’ big debt pile could prove less sustainable.…
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Bond meltdown raises mortgage rates
[ad_1] Breadcrumb Trail Links News Mortgage fixed-rates are rising as the bond rout threatens havoc around the world Published Oct 05, 2023 • 4 minute read The speed of the global bond meltdown has unnerved markets. Photo by FERDI AWEDFERDI AWED/AFP/Getty Images Article content Article content The selloff in government bonds in recent days is…
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Martin Lewis issues ‘urgent’ warning to savers over interest rates freeze
[ad_1] For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Money-saving guru Martin Lewis has issued an urgent warning to savers to act now to protect their cash after the shock freeze in interest rates. The money-saving…
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Interest rates now at their peak, say economists
[ad_1] Thanks for joining us on a huge day as the Bank of England prepares to announce its next decision on interest rates. This morning, the latest data from the Office for National Statistics showed that public sector borrowing increased in August compared to the same time a year earlier. The Treasury borrowed £11.6bn last…
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Fu Xuan banner duration, boosted drop rates, and more
[ad_1] The second phase of Honkai Star Rail 1.3 will release the “Foreseen, Foreknown, Foretold” event, featuring Fu Xuan as the brand new 5-star unit from the Quantum element. With three additional 4-star characters, the banner rolls out on September 20, 2023, across all servers. It is worth noting that all the featured units will…
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Fed Meeting: What to Expect on Interest Rates
[ad_1] Federal Reserve officials are expected to leave interest rates unchanged at their meeting on Wednesday, buying themselves more time to assess whether borrowing costs are high enough to weigh down the economy and wrestle inflation under control. But investors are likely to focus less on what policymakers do on Wednesday — and more on…
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Wholesale inflation, mortgage rates climb higher
[ad_1] Wholesale inflation, mortgage rates climb higher – CBS News Watch CBS News Wholesale inflation saw its biggest month-to-month gain since June 2022 last month, with the Producer P rice Index rising seven-tenths of a percent between July and August. Alcynna Lloyd, reporter for Insider, joined CBS News to discuss the numbers. Be the first…