Rates held but likely to increase in near future The Bank of England has held interest rates at 0.5% and left the scale of quantitative easing unchanged at £200bn. Related Stories I’ll bet my bottom dollar there’s no US downgrade Stores’ mixed bag of results blamed on severe weather Motor insurance firms told to limit [...]
Tag Archives: likely
Rates pain likely ‘sooner rather than later’
Rates pain likely ‘sooner rather than later’ Mortgage holders should brace for more pain, with some investors and economists tipping the RBA will lift interest rates next month. Read more on The Age
US likely to leave interest rates at historic lows
US likely to leave interest rates at historic lows WASHINGTON: Glimmers of a revived economic recovery are expected to give the US Federal Reserve (US Fed) some breathing space when its top committee meets tomorrow, avoiding a renewed battle inside the central bank. Read more on Business Times
More rate hikes likely without wholesale move
More rate hikes likely without wholesale move NATIONAL Irish Bank will not raise the cost of borrowing on mortgages in the foreseeable future, it said, after posting substantial first half losses. Read more on Irish Examiner
Self-certification mortgages likely to be banned
Self-certification mortgages likely to be banned The Financial Services Authority have drafted rules which would ban self-certification mortgages. Read more on The New Statesman
China likely to raise interest rates, economist says
China likely to raise interest rates, economist says China is likely to hike key interest rates by 0.27 percentage points by the end of this year in order to cool down the economy, which may be on the brink of overheating, and to curb escalating inflation risk caused by rising food prices and rising wages, [...]
Cheap mortgages likely to continue
Cheap mortgages likely to continue The Federal Reserve’s completion last week of its program to buy $1.25 trillion in mortgage bonds probably won’t mean significantly higher home loan rates as investors return to the market, replacing the Fed. Read more on Fort Wayne Journal Gazette
Portland housing prices likely to fall in 2010
Portland housing prices likely to fall in 2010 PORTLAND, Ore. — Portland housing prices averaged about a 5.4 percent decline last year, according to the Case-Shiller Index , and leading market indicators point to another decline for 2010. The widely-watched national housing value estimate looked at the 20 largest U.S. metro areas and found that [...]