Financial markets meltdown fears spread as US interest rate cut hopes fade
A fundamental shift in the global investment landscape appears to be underway. The story begins on Wall Street,…
Banks’ mortgage rate moves signal shift in RBA outlook
The RBA left the cash rate unchanged at its latest meeting, responding to higher-than-forecast inflation for the year…
RBA forecasts suggest more cost-of-living pain and risk of no more interest rate cuts
As you might expect for a central bank that has kept interest rates on hold, there is both…
When is the RBA meeting next? When will interest rates go down?
The Reserve Bank of Australia’s (RBA) Monetary Policy Board is meeting next week to make a decision on…
RBA governor Bullock says a severe market downturn would raise financial stability concerns
Financial markets, including Australian property and shares, have been pushing record highs for many months. Speaking at an…
Nearly 70% of Americans think the economy is on the ‘wrong track’ and it’s a bad time to buy a home, Fannie Mae survey shows
A growing sense of economic pessimism is taking hold in the U.S., as new Fannie Mae survey data…
Interest rates, inflation; Aussies tipped to save
Australian mortgage holders are being urged to give themselves an interest-rate cut ahead of the Reserve Bank of…
Housing market: A gauge of future home sales just turned negative despite 9 weeks of falling mortgage rates
Mortgage rates have been coming down, but there has yet to be a spike in homebuying activity—and one…
Ken Griffin has a warning for Trump and the GOP: ‘I would not underestimate how grating a 3% inflation rate could be’
For Citadel CEO Ken Griffin, the political implications of still-elevated inflation are not lost on him. Inflation has…
Why were existing home sales flat in August?
Sales of existing homes were flat in August, according to data out Thursday from the National Association of…
Why rates are falling before the Fed meeting
Mortgage rates continue a substantial decline. According to Zillow, the current 30-year mortgage rate is 6.12%, down eight…
‘Oracle of Wall Street’ who predicted 2008 crash sees trouble in US housing — and the problem is demographics
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