By: But the historically high interest rates are bad news for borrowers, who will face even higher costs for things like car loans to credit card debt to … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By An obscure price tracker closely followed by economists also suggests inflation is slowing, but perhaps not quite as fast as the best-known indexes. The Dallas Federal Reserve’s “trimmed mean” inflation rate eased to 4.2% in the period running from June 2022 to June 2023 from 4.6% in the prior month. That’s much higher than…
By Washington, DC CNN — US consumers have been feeling a whole lot better this summer as inflation has continued to slow. Consumer sentiment tracked by the University of Michigan rose 11% in July from the prior month, reaching its highest level since October 2021, according to a final reading of the month’s data. That’s…
By: Several big lenders including Nationwide, HSBC and TSB have cut rates on their fixed mortgage deals in a sign that home loan costs may be close to peaking after surging to nearly 7%.The reductions follow data last week that showed inflation fell further than expected in June, helping to calm financial markets and trim…
The purpose of the proposed legislation, Massachusetts bills H. 1947 and S. 1172, is to prevent strikes. The legislation would do so by encouraging private corporations to expeditiously start collective bargaining in good faith early in the process. Joseph ZahnThe purpose of the proposed legislation, Massachusetts bills H. 1947 and S. 1172, is to prevent…
By: Homeowner Marie Cantu, 35, lives just outside of Seattle, and has been looking to buy a single-family home outside of Boston to be closer to her family. The mom-of-five has been “seriously looking” for three-bedroom homes for the last six months. Cantu is hoping to rent her home in Washington, and move roughly before…
By: Canyon Ranch operates resorts in Arizona, Nevada, California and … Higher interest rates drive up a Dallas office owner’s pricey new debt deal. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
Chandler this week became the largest city in Arizona to pay off its public safety pension debt, saving $8-10 million per year in the city’s budget and ensuring its police and fire employees receive … Chandler this week became the largest city in Arizona to pay off its public safety pension debt, saving $8-10 million…
By: The personal consumption expenditures price index grew at an 2.6% … The GDP data showed services spending rose at a 2.1% annualized rate, … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: The Federal Reserve resumed raising interest rates and Chair Jerome Powell left open the possibility of further hikes, which he emphasized will … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.