Latest News for: Rate rises


Australian house prices fall for second month as interest rates rise

The Guardian 01 Jul 2022
... decline and falls are expected to accelerate in the coming months as rising interest rates take their toll.

Australia’s Largest Bank Surprises Lending Market With Massive Fixed Rate Rises

The Epoch Times 01 Jul 2022
Similarly, the bank’s five-year fixed rates soared to 6.69 percent, an increase of 3.7 percent compared to the previous 12 months.

Global financial conditions are getting worse as borrowing rates rise and economic growth slows: Moody's

IIFL 01 Jul 2022
According to Moody's, the rupee has lost almost 4.5% of its value since the year's beginning ... .

Another major Australian bank hikes its fixed interest rates starting TODAY amid warnings the Reserve ...

The Daily Mail 01 Jul 2022
The Commonwealth Bank on Thursday raised its fixed mortgage rates for both owner-occupiers and investors seeking one to five-year terms, as it warned of another big Reserve Bank rate rise in July.

Home prices are still going strong, but momentum is slowing

The Philadelphia Tribune 01 Jul 2022
Home prices rose 20.4% in April from the year before, compared to a 20.6% rise seen in March and a 20% annual increase posted in February, according to the report ...Home sales were robust, prices were rising quite rapidly, demand was strong, and many of the builders were seeing their homes sell for more than the asking price.”.

After Stock Market's Worst Start in 50 Years, Some See More Pain Ahead

The Philadelphia Tribune 01 Jul 2022
And if the Fed’s fight against inflation requires rates to rise so high, so quickly that the economy tips into recession, that would limit companies’ ability to hire new staff, spend on new projects and repay their debts, which is ominous for both stocks and bonds.

In an uncertain market, Northern Michigan investors hunt for bargains

Cheyboygan Daily Tribune 01 Jul 2022
Rising prices for everything from food to gasoline and an increase in interest rates have combined to pressure financial markets as Wall Street is poised to finish the worst first half of the year for stocks in decades ... after years of holding rates down to help economic growth.

From stocks to crypto, a punishing six months for investors

Royal Oak Daily Tribune 01 Jul 2022
Investors have been grappling with uncertainty and fear this year following a sharp rise in interest rates as the Federal Reserve and other central banks scrambled to tame the highest inflation in more than 40 years. Higher rates can bring down inflation, but they also slow the economy, raising the risk of a recession.

'Minions: The Rise of Gru' tells us the origins of the villain, his adorable yellow henchmen

ABC7 01 Jul 2022
HOLLYWOOD -- "Minions. The Rise of Gru" is an origin story depicting how the young villain became allied with the adorable little yellow creatures. Steve Carell lends his voice once again to Gru... Carell has been part of this franchise from the beginning ... "I mean, I loved the concept ... The Rise of Gru" is in theaters July 1-st. It is rated PG. .

Housing sales decline up to 24% in metro cities between April-June quarter | Mint

Live Mint 01 Jul 2022
A big decline in home sales was reported in Indian metro cities during April and June quarters due to a rise in property prices as well as mortgage rates, according to a report by Anarock ... Govt keeps interest rate on PPF, .. ... two rate hikes that swelled up home loan interest rates.

Ringgit opens lower against US Dollar

Malaysian National News Agency 01 Jul 2022
KUALA LUMPUR, June 30 (Bernama) -- The ringgit extended its downtrend against the US dollar this morning due to the stronger US dollar Index (DXY), as the United States (US) Federal Reserve chair Jerome Powell reiterated his stance to keep raising interest rates in a bid to quell the rising inflation, an analyst said.

S&P 500 sees worst first-half-year fall in more than 50 years

Australian Broadcasting Corporation 01 Jul 2022
US stock sell-offs see the major indexes finishing the month and the quarter in the red as investors worry that aggressive interest rate rises will tip North America into recession ... .

HDFC merger best case for both entities: Parekh

The Times of India 01 Jul 2022
Mumbai. chairman Deepak Parekh has said that the mortgage lender has applied to multiple regulators including , Sebi and the over its proposed with HDFC Bank ... He said that there was no duplication between what the housing finance company and the bank were doing ... According to him, the rise in interest rates would not hit demand for housing ... .

The Tokenisation of Assets: An Option for Home Ownership?

BitRSS 01 Jul 2022
The increasing price of housing and construction, ...

Five first-time buyer myths you shouldn’t believe

The Times/The Sunday Times 01 Jul 2022
Soaring house prices, rising interest rates and onerous rents mean that many would-be first-time buyers are despairing about their ability to get a toehold ...

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