By: The Bank of England has yet again raised interest rates – the 14th consecutive increase since December 2021. After June’s unexpected half a point rise, this time the increase is 0.25 percentage points, taking the base rate to 5.25%. So what does that mean for your finances?How will mortgage payments be affected?Thursday’s increase is…
By: As the Treasury secretary says, plenty of people are still willing to lend the government money even if they are demanding higher interest rates … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: … forgotten Friday morning when a benign Personal Consumption Expenditures report had the market rallying again in two shakes of a lamb’s tail. See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
Sen. Mark Kelly and other officials praised the Inflation Reduction Act on the law’s one year anniversary, saying it is working as intended to bring clean-energy jobs to Arizona and tamp down consumer … Sen. Mark Kelly and other officials praised the Inflation Reduction Act on the law’s one year anniversary, saying it is working…
By: Despite limited inventory and elevated mortgage interest rates, sales soared in … a Compass agent in Scottsdale, Arizona, said in the report. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: The Personal Consumption Expenditures price index, one of the Fed’s preferred gauges of inflation, increased by 3% over the 12-month period to … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By Here’s a thought experiment: Try to imagine Jay Powell and the rest of the Federal Reserve jumping for joy because of reports that inflation is coming down. Let’s start with the Institute for Supply Management’s update on U.S. manufacturing for July, which included this line: “The Prices Index remained in ‘decreasing’ territory, at a…
By: Minneapolis CNN — Another key economic report further propped up the idea that a soft landing is not only possible, but also in motion: The Federal Reserve’s preferred inflation gauge continued its deceleration in June while consumers kept the US economic engine running. Commerce Department data released Friday showed that the Personal Consumption Expenditures…
Gloria Rebecca Gomez(Arizona Mirror) Arizonans can now look forward to relief from rental taxes, after Gov. Katie Hobbs signed a bill on Tuesday that bars cities from collecting them starting in 2025.The measure was at the top of Republicans’ legislative priorities for the recently concluded legislative session. A proposal sent to Hobbs in February was roundly rejected, but…
Artificial intelligence (AI) and virtual reality (VR) have revolutionized real estate marketing, virtual touring, and the entire homebuying and selling process as a whole. More specifically, AI is being used in the real estate sector to identify potential buyers and sellers through predictive analytics, to price homes more accurately by analyzing historical sales data, local…