Interest Rates

ISTANBUL | Turkey’s president says country will defy economic threats

ISTANBUL — Turkey’s president has said his country will stand strong against an “attempted economic coup” amid heightened tensions with the U.S. Recep Tayyip Erdogan on Saturday told thousands of supporters in Ankara that the country was being “threatened by the economy, sanctions, foreign currency, interest rates and inflation.” He said: “we tell them that … Continue reading ISTANBUL | Turkey’s president says country will defy economic threats

LONDON | Bank of England expected to raise interest rates

LONDON — The Bank of England is expected to raise its benchmark interest rate Thursday for only the second time since the 2008 financial crisis as it weighs a strong jobs market and high inflation against the growing concerns about the economic impact of Brexit. Economists forecast that the bank’s Monetary Policy Committee will raise … Continue reading LONDON | Bank of England expected to raise interest rates

NEW YORK | Apple soars but energy, industrial stocks weigh on market

NEW YORK — Apple is on pace for its biggest gain in a year and a half Wednesday as investors cheer its latest quarterly report, which included strong iPhone sales and a forecast that was better than expected. Banks are climbing as interest rates turn higher and the yield on the 10-year Treasury note hit … Continue reading NEW YORK | Apple soars but energy, industrial stocks weigh on market

Home Equity Loan Provider Earns Top Rating from TopConsumerReviews.com

OVERLAND PARK, Kan./ July 11, 2018 (STL.News) TopConsumerReviews.com once again awarded their highest five-star rating to LendingTree, an industry leader in Home Equity Loans. For homeowners who need a loan, whether for making home improvements, paying for college tuition, or simply reducing credit card debt, a Home Equity Loan can be a great solution. These … Continue reading Home Equity Loan Provider Earns Top Rating from TopConsumerReviews.com

Genworth Mortgage Insurance Industry Survey: Rising interest rates and alternative mortgage products seen as biggest 2018 market challenges

RICHMOND, Va./ July 11, 2018 (STL.News) — Genworth Mortgage Insurance, an operating segment of Genworth Financial, Inc. (NYSE: GNW), today released the results of its survey of 105 mortgage industry professionals conducted at this year’s Mortgage Bankers Association’s National Secondary Market Conference & Expo in New York City. Notably, 79 percent of respondents cited both … Continue reading Genworth Mortgage Insurance Industry Survey: Rising interest rates and alternative mortgage products seen as biggest 2018 market challenges

The Cost of Money Tops The Counselors of Real Estate® Annual List of Top Ten Issues Affecting Real Estate

CHICAGO / JUNE 21, 2018 (STLRealEstate.News)  — The cost of money—Interest Rates and the Economy–leads the list of current issues on The Counselors of Real Estate’s annual list of Top Ten Issues Affecting Real Estate. As interest rates rise, the commercial and residential real estate markets are experiencing decreasing demand for commercial property, and higher … Continue reading The Cost of Money Tops The Counselors of Real Estate® Annual List of Top Ten Issues Affecting Real Estate

Southern California RE/MAX Realtor Josh Sinatra Shares Home-Selling Secrets

SANTA CLARITA, CALIF. /JUNE 20, 2018 (STLRealEstate.News) — Spring and summer are widely considered to be the best times to sell a house. “In spring and summer, buyers come out in droves due to increased inventory, warmer weather, and more daylight hours,” said Realtor Josh Sinatra, owner of Sinatra Real Estate. Sinatra lists the following … Continue reading Southern California RE/MAX Realtor Josh Sinatra Shares Home-Selling Secrets

UCLA Anderson Forecast Sees Economy Moving Ahead ― For Now

LOS ANGELES/ June 13, 2018 (STLRealEstate.News) — Note: With this second quarter economic report for 2018, the UCLA Anderson Forecast introduces a new report, providing analysis and perspective on the outlook for the world’s two largest economies, the United States and China. The Cathay Bank/UCLA Anderson Forecast U.S.-China Economic Report will be published quarterly in … Continue reading UCLA Anderson Forecast Sees Economy Moving Ahead ― For Now