Darryl Dyck/AP Protests are taking place around the world following Russia’s invasion of Ukraine. Russian President Vladimir Putin’s war on Ukraine could raise global inflation by around 1%, but still slow interest rate hikes by central banks around the world, according to Singapore-based Capital Economics. Capital Economics said there wasRead More →

According to the January 2022 edition of the HousingIQ survey of Kentucky realtors, two in five Kentucky realtors say buyers are racing to beat mortgage rate hikes while realtors’ expectations for price growth housing continues to moderate. Compared to a year ago: • 42% expect house prices to rise –Read More →

Yesterday, the Bank of England raised interest rates for the second time in three months, to 0.5% from 0.25%. The decision came as the Bank warns that rising energy bills could push inflation to more than 7% by April. Warning that families face the biggest drop in their disposable incomeRead More →

Interest rate hikes are on the horizon as inflation in Canada continues to soar. Experts say consumers can expect a slight cooling in the housing market, continued high prices for food and other commodities, and possibly higher wages as well. The annual pace of inflation hit a three-decade high inRead More →

The interest rate hike that had been widely speculated for months finally materialized in mid-December, but appears to have had little impact on confidence in the housing market. The latest data from OnTheMarket shows nearly three-quarters of active buyers remained confident they would buy a property within the next threeRead More →

January 14, 2022 at 12:46 PM Have a newsroom tip, press release, local event listing or digital content to share? Send it here. Support our mission by visiting patreon.com/fl1 and become a monthly subscriber. Interest rates are expected to rise this year, and that will impact things like credit cardsRead More →

Following the Bank of England’s (BoE) interest rate hike from 0.1% to 0.25%, many industry figures quickly reacted to the news. The Monetary Policy Committee voted eight to one to increase the rate following increased pressure from the International Monetary Fund (IMF). Kate Davies, executive director of IMLA, said theRead More →

Maintaining a low interest rate regime could give home buyers more confidence. New Delhi: The Reserve Bank’s decision to keep policy rates unchanged will keep mortgage interest rates low and support the ongoing recovery in housing demand, according to property developers and consultants. Welcoming the RBI’s policy, CREDAI Chairman HarshvardhanRead More →

The Reserve Bank’s decision to keep policy rates unchanged will keep mortgage interest rates low and support the ongoing recovery in housing demand, according to property developers and consultants. Welcoming RBI policy, CREDAI Chairman Harshvardhan Patodia said, “The RBI’s accommodating stance on keeping repo and reverse repo rates unchanged isRead More →

NEW DELHI: The Reserve Bank’s decision to keep key rates unchanged will keep mortgage interest rates low and support the ongoing recovery in housing demand, according to property developers and consultants. Welcoming the RBI’s policy, CREDAI Chairman Harshvardhan Patodia said, “The RBI’s accommodating stance on keeping repo and reverse repoRead More →

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Favorable demographics, increased affordability of residential properties and historically low mortgage rates are boosting demand for home loans, mortgage lenders have said. Several major banks, mortgage companies and housing finance companies significantly reduced their interest rates on home loans during the festival period to take advantage of the resumption inRead More →

Favorable demographics, better affordability of residential properties and historically low mortgage rates are pushing demand for home loans, mortgage lenders said. Several major banks, mortgage companies and housing finance companies cut their interest rates on home loans significantly during the festival period to cash in on the recovery in demandRead More →

Calcutta, October 8 (UNI) The decision to maintain the status quo on key rates is important because it comes at the start of the holiday season, according to Knight Frank India President Shishir Baijal. “We welcome the RBI’s decision to keep rates unchanged despite inflationary pressures, as adequate liquidity andRead More →