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House prices fall again as mortgage rates spike
Evening Standard via Yahoo Finance· 1 day agoMarkets are now pricing in August as the most likely date for rates to start coming down from their current level of 5.25%. As a result, average fixed ...
Afternoon Briefing: Lake County reports record numbers of homeless
Chicago Tribune· 3 hours agoPrairie State College’s use of Victory Apostolic Church in Matteson resulted in payments of $8,850...
Fed announces reduction in balance sheet runoff pace
Reuters via Yahoo Finance· 1 day agoThe Fed said that starting on June 1 it will reduce the cap on Treasury securities it allows to mature and not be replaced to $25 billion from its...
UK house prices fall unexpectedly in April, Nationwide data shows
Reuters· 1 day agoBritish house prices fell unexpectedly for a second month running during April, figures from ...
Fed Prepares Slower Pace of Runoff for Treasury Securities
The Wall Street Journal· 1 day agoThe central bank made enormous purchases of Treasurys and mortgage-backed securities in 2020 to...
Fed holds interest rates steady, gives no sign it will cut soon as inflation fight stalls
USA TODAY via Yahoo Finance· 1 day agoWhen the Fed similarly shrank its balance sheet in 2019, low cash reserves disrupted the functioning...
Tiff Macklem defends Bank of Canada's two per cent inflation target
Financial Post via Yahoo Finance· 21 hours agoSenators also questioned the central bankers on whether monetary policy had pushed Canada into a...
Couple trapped in $700k home they 'can't move out of' despite paying mortgage
The US Sun· 4 days agoTwenty-four years ago, Apel and Irwin purchased their four-bedroom home on two acres in Lebanon, New...
Kevin Costner's New Film 'Horizon: An American Saga' Has a Three-Hour Runtime
Town & Country via Yahoo News· 1 day agoCostner is putting his money where his mouth is on the sprawling project. "I’ve mortgaged 10 acres...
Bank Taps Schitt’s Creek Duo to Battle Canadian Stranglehold
Bloomberg via Yahoo Finance· 10 hours ago(Bloomberg) -- A small Canadian lender is muscling its way into the banking big leagues — and that’s...