Home prices are falling at the fastest pace since 2022 as stubborn interest rates slash demand

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    Barclays and HSBC are the latest lenders to slash the cost of ... the United States which shows prices are not falling as quickly as had been hoped. This is being seen as a reason for the Bank of ...
    06/24/2024 - 7:35 am | View Link
  • Labour risks higher mortgage bills and worse unemployment, says HSBC
    Worklessness is costing manufacturers £6bn in lost output as tens of thousands of factory jobs go unfilled. Make UK, the trade body representing the manufacturing sector, warned that a shortage of ...
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    06/13/2024 - 4:13 am | View Link
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    The Federal Reserve kept its benchmark rate in a range of 5.25% to 5.5%, the same level where it's been parked since July 2023.
    06/12/2024 - 9:25 am | View Link
  • Fed holds interest rates steady at 23-year high
    The average rate for a 30-year fixed mortgage stands at 6.99%, according to Freddie Ma c data released last week. When the Fed imposed its first rate hike of the current series in March 2022, the ...
    06/12/2024 - 8:50 am | View Link
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