Capital gains tax, high interest rates and uncertainty Ask any IMF official and the answer will be to increase interest rates. It serves two purposes. Firstly, an increase in interest rates decreases domestic demand and therefore inflation by making it more attractive for people to save more. Read more on The Express Tribune Interest rate [...]
Tag Archives: High
Miami Home Sales Recorded 5-Year High Numbers
Miami Home Sales Recorded 5-Year High Numbers According to the first-ever Miami housing market report by Douglas Elliman Florida, which was prepared by appraisal firm Miller Samuel and released today, the Miami housing market saw its highest level of sales activity in more than five years during the first quarter, with all-cash purchases accounting for [...]
High Court grants orders for possession of 117 properties
High Court grants orders for possession of 117 properties SOME 117 orders for possession of property were granted at the High Court in the first three months of 2011 – almost double the number in the first quarter of 2010. Read more on The Irish Times
High Court grants 13 repossessions
High Court grants 13 repossessions HOME AND property repossession orders were granted in 13 cases at the High Court yesterday including one against a separated woman who “needed an order” so that she could go on a local authority housing list. Read more on The Irish Times
Mortgages: Mortgage rates jump to 10-month high
Mortgages: Mortgage rates jump to 10-month high The average rate on 30-year fixed-rate mortgages hits its highest level since the last week in April 2010, after positive economic reports caused long-term bond yields to rise, Freddie Mac’s chief economist said on Thursday. Read more on Market Watch
Peruvian Sol Gains to a Two-Year High on Growth, Higher Interest Rates
Peruvian Sol Gains to a Two-Year High on Growth, Higher Interest Rates Peru’s sol rose to a two-year high as the expanding economy and higher interest rates boosted appetite for the nation’s local assets. Read more on Bloomberg
Newport News woman falls victim to high car title loan interest rate
Newport News woman falls victim to high car title loan interest rate After being laid off, Janet King needed money fast. She decided to take out a cash title loan — a decision that ended up costing her more than she bargained for. Read more on Daily Press
US repossessions at all-time high
US repossessions at all-time high The number of US home repossessions hits an all-time high, but is now expected to start to fall back. Read more on BBC News
US house repossessions hit five-year high
US house repossessions hit five-year high The number of US homes repossessed by banks reached a five-year high in the first three months of the year, as some Americans continued to struggle to make ends meet. Read more on Daily Telegraph
Bernanke Says Housing & High Unemployment Are Biggest Hurdles
Bernanke Says Housing & High Unemployment Are Biggest Hurdles Will Not Slash Rate, Calls For Deficit-Reduction Plan Problems in the housing market and high unemployment are the biggest economic challenges the nation faces, Federal Reserve Chairman Ben Bernanke said Wednesday. Read more on FOX40 Sacramento