Written by Penelope Graham Russia’s large-scale invasion of Ukraine has dramatically heightened geopolitical tensions, not to mention economic uncertainty; NATO members reacted quickly with sanctions, while Germany announced it was delaying progress on the Nord Stream-2 pipeline, cutting off what was expected to be a major supply of Russian naturalRead More →

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 →

After much speculation, the central bank voted in December to raise the base rate to 0.25%, after holding back on fears over the strength of the jobs market. Any remaining labor market concerns were dismissed this morning, with data from the Office for National Statistics showing employment continuing to rise.Read More →

The decision on the six-month freeze from January was announced by the prime minister on Wednesday. Personal mortgage interest rates will be frozen at their end-October levels, which means February’s monthly payment will already be lower than previous ones, Viktor Orbán said. Domotor said about half a million Hungarians haveRead 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 →

Gold futures posted a modest decline on Monday, as a rally in Treasury and dollar yields helped dampen appetite for precious commodities, which was contained by uncertainties over the spread omicron and Federal Reserve policies. Gold’s rise on Friday was “tempered” on Monday as “risk aversion cooled and the USRead More →

Speaking on a recent episode of The smart real estate investment fairPeter White AM, Managing Director of the Finance Brokers Association of Australia (FBAA), urged investors to get a good idea of ​​their tolerance for rising interest rates. “Our recent research on mortgages and affordable rents in Australia has shownRead More →

Amid the anticipated rise in interest rates, Jonathan Rolande of House Buy Fast warned of a market crash in the next decade. While wages have stagnated for an extended period, house prices have continued to rise, with Halifax reporting the average cost of a house at £ 262,954 this year.Read More →

Britain’s short-term cost of borrowing hit its highest level in nearly two and a half years, as the City’s prices in a UK interest rate soon rise. The yield, or interest rate, on UK two-year gilts hit their highest level since May 2019 this morning. Two-year gilt yields hit 0.75%,Read More →

Federal Reserve Chairman Jerome Powell said on Friday the economy had made “further substantial progress” towards the Fed’s inflation target and “net progress” towards its full employment target, maintaining the central bank on track to scale back its bond buying stimulus this year. And while Powell said July’s solid jobsRead More →