Tag Archives: money

​​Homebuilding slowed dramatically across the country in 2022 as mortgage rates rose, scaring away potential buyers. The construction starts of single-family homes dropped nearly 19% year over year in September, while building permits fell 17%, according to the Census Bureau. Building permits are seen as a measure of future construction. …

Let’s get ready to rumble. The Federal Reserve and investors appear to be locked in what one veteran market watcher has described as an epic game of “chicken.” What Fed Chair Jerome Powell says Wednesday could determine the winner. Here’s the conflict. Fed policy makers have steadily insisted that the …

More than three in 10 (35%) adults admit they still have at least one bill on their parents’ tab. According to a new poll of 2,000 Americans, the top three expenses still paid by parents are rent (19%), groceries (19%) and utilities (16%).  In fact, almost one-quarter (24%) of millennials …

Paragon Banking hails strong lending performance as landlord and SME specialist says markets have calmed since ‘hugely disruptive’ mini-Budget Total new lending up 21.7% to £861.7m in last quarter of 2022  Buy-to-let lending up 45% but commercial lending slightly lower than last year Net interest margins ran ‘at levels above …

Foxtons warns of ‘challenging’ months ahead as inflation and interest rate hikes weaken property transactions The firm said its annual turnover for 2022 are set to exceed market forecasts  Foxtons boss: ‘The economic outlook for the year ahead remains uncertain’ Mortgage rates escalated in the aftermath of a controversial ‘mini-budget’  …

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders, all opinions are our own. Check out the mortgage rates for Jan. …

Saga sales soar thanks to rebound in demand for cruises and holidays since the lifting of pandemic restrictions By Daily Mail City & Finance Reporter Published: 17:44 EST, 24 January 2023 | Updated: 18:07 EST, 24 January 2023 Revenues at Saga are soaring thanks to a rebound in demand for …

NS&I Premium Bonds holders more likely to win big as prize rate upped to 14-YEAR high… and Income Bond and Direct Isa customers benefit too Britain’s biggest savings firm has hiked Premium Bond payouts to a 14-year high Number of prizes worth £50 to £100,000 will increase from next month’s …

Roughly 1 in 3 small businesses in the U.S. sought a loan in 2021. The top reason for a loan was to meet operating expenses, followed by funding a business expansion and refinancing debt. That’s according to the latest Small Business Credit Survey from the Federal Reserve, which found that …

Low cost is all the rage – and rightly so given that inflation continues to rampage away at an annual rate of 10.5 per cent. Yes, it’s lower than it was (11.1 per cent last October), but it’s still corroding our household finances.  Value for money is also becoming increasingly …