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Summer interest rate cut possible, says Bank deputy
BBC via Yahoo Finance· 4 days agoThe...in the year to March, although the figure released this week is expected to see the rate drop close to the Bank's target of 2%. When the Bank of...
Rates should be cut to 3.5% by end of 2025, IMF says
BBC via Yahoo Finance· 3 days agoSuch a move could see the Bank of England cut its key rate by up to seven times from its current level of 5.25%. The IMF's comments came as it upgraded...
US home sales post second straight monthly drop; house prices accelerate
KSL Salt Lake City· 3 days agoU.S. existing home sales unexpectedly fell in April as higher mortgage rates and house prices...
Homeowners given hope of THREE interest rate cuts this year by a new report by leading economists
Evening Standard via Yahoo News· 3 days agoCraig Fish, Director at London-based...Lodestone Mortgages & Protection, said: “This IMF growth ...
High mortgage rates, ultra-long repayment plans - and how to protect yourself
Daily Express· 7 days agoHome loan experts have revealed how the millions of people opting for ultra-long mortgages can...
Sales of newly built homes tank in April, as prices and interest rates rise
NBC Connecticut· 1 day agoSales of newly built homes dropped in April as prices and interest rates rose. The median price of a...
Stock market today: Wall Street slumps to worst day since April on worries about interest rates
WPXI· 22 hours agoNEW YORK — (AP) — In the latest example of how good news for the economy can be bad for Wall Street,...
Home prices reach $387,600 record high, putting a damper on spring
CBS News· 1 day agoThe monthly mortgage payment at that price — factoring in the 7.02% U.S. median interest rate for a...
Financial Services Roundup: Market Talk
The Wall Street Journal· 22 hours agoMany homeowners are staying put because they would rather hold onto their relatively low mortgage rate than move up to a bigger and/or better home....
US New Home Sales Miss Expectations In April
International Business Times· 23 hours agoHome sales have taken a hit since the Federal Reserve raised the benchmark lending rate rapidly in 2022 to curb surging inflation. While a 30-year fixed-...
