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MORTGAGE RATE PRESIDENTIAL IMPACT ON HOMEOWNERS
US hiring falls to just 57,000 in June amid elevated inflation, global turmoilUS employers significantly slowed hiring last month, adding just 57,000 jobs, a stark contrast to previous months. This cautious approach s...
US construction spending inches up in May, but homebuilding weakIn May, US construction spending edged up by a mere 0.1%, influenced by increased mortgage rates partly due to tensions in the Middle East....
Mortgage refinance rates today: Check current mortgage interest rates for 30-year, 20-year, 15-year, 10-yearMortgage interest rates today: It averaged 6.49 per cent last week. Spending on multi-family housing units, which account for a small share...
Rs 1.5 crore home purchase, Rs 25 lakh income: Smart move or costly mistake? Man shares why it backfired in just one year. 3 lessons to learnA Reddit user's post about regretting the purchase of a ₹1.5 crore apartment has sparked a wider discussion on home affordability and finan...
India's economic plot twist comes with one villain stepping aside, another waitingIndia's economic outlook has improved as falling crude oil prices ease inflation, strengthen the balance of payments and prompt economists ...
Global Market: Australian shares start new financial year lower as banks drag; miners limit lossesAustralian shares kicked off the new financial year on a downbeat note, with banks leading the decline following disappointing housing pric...
US Stock Market: US Supreme Court shields Fed independence, but leaves central bank more isolatedThe US Supreme Court has reaffirmed the Federal Reserve’s independence by blocking attempts to allow presidential removal of its governors ...
AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
Buying a Rs 50 lakh home? Your home loan could cost Rs 83 lakh. Bengaluru CA shares a simple financial strategy to beat the interestA Bengaluru chartered accountant revealed the substantial long-term cost of home loan interest, which can double a property's price. She ad...
US Supreme Court says Fed's Cook can keep her job for now, but it upholds other Trump firingsThe Supreme Court has significantly broadened presidential authority, allowing presidents to dismiss heads of independent federal agencies ...
US Supreme Court rejects Trump's unprecedented bid to fire Fed's CookThe Supreme Court has taken a significant stand for the Federal Reserve's independence, rejecting President Trump's unusual effort to remov...
US Stock Market: Warsh faces crucial week with court ruling, global debut in focusFederal Reserve Chair Kevin Warsh faces a crucial week. The Supreme Court's decision on Governor Lisa Cook's removal will test the central ...
US Supreme Court nears the end of its term with momentous cases about Trump's power to be decidedThe Supreme Court is concluding a term dominated by President Trump's assertions of executive authority. Key decisions this week involve bi...
Why clean land records are key to India's property marketStates are rapidly digitizing land records to streamline India's complex property market. This move aims to curb disputes, speed up transac...
As Supreme Court's term nears its end, three major Trump rulings dueThe U.S. Supreme Court is nearing the end of its term with crucial decisions pending. Key cases involve President Trump's authority to fire...
Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
Samsung readies $648 billion bet, report says, as AI boom reshapes South KoreaThe investment, which would include AI data centers, batteries and displays, will be announced at a meeting with President Lee Jae Myung at...
India's retail lending sector entering multi-decade growth cycle driven by digital transformation, financial inclusion: ReportIndia's retail lending sector is poised for decades of growth, fueled by digital innovation, financial inclusion, and rising incomes. Housi...
US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...
Former US Fed chairman Alan Greenspan passes away at 100Alan Greenspan, former US Federal Reserve chief, has passed away at 100. He steered the American economy through significant events like th...