Today: 5. Nov, 2024
The Federal Reserve’s recent decision to keep the federal funds rate unchanged marks the second consecutive time this policy stance has been adopted, leaving the rate at 5.25% to 5.5%, the highest in over 22 years. While this move might provide stability,…
July usually witnesses a spike in home purchases; however, the uptick in interest rates is starting to show its effects. In July, the tally for mortgage approvals slumped to a five-month trough, spotlighting the mounting influence of increased borrowing expenses on the…
Crest Nicholson predicts decreased profits as first-time homebuyer numbers plummet. UK homebuilders faced the brunt of the stock market’s backlash following a profit warning from a leading firm in the sector. This was combined with information showcasing the most significant dip in…
