News

Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
WORLD PROPERTY JOURNAL |
the 30-year fixed-rate mortgage rate in the U.S. averaged 3.60 percent in the first week of August 2019, the lowest it has been since November 2016.
chinapost |
Average rate on the 30-year mortgage dropped to 3.60% from 3.75% last week. A year ago the rate stood at 4.59%
Bloomberg |
Reserve Bank prepared to reduce Australia’s record-low interest rates further, though he signaled that the economy could in fact be through the worst of its slowdown.
Reserve Bank of Australia |
the Board decided to leave the cash rate unchanged at 1.00 per cent.
WORLD PROPERTY JOURNAL |
national vacancy rates in the second quarter 2019 were 6.8 percent for rental housing and 1.3 percent for homeowner housing.
Bloomberg |
Gate Avenue is struggling to attract tenants as retail suffers
Bloomberg |
U.S. economy expanded at a modest pace with job gains slowing somewhat and inflation remaining stable or slightly weaker
FEDERAL RESERVE SYSTEM |
inflation has been running below the Federal Open Market Committee's (FOMC) symmetric 2 percent objective, and crosscurrents, such as trade tensions and concerns about global growth, have been weighing on economic activity and the outlook.
Bank of Canada |
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent.
Bloomberg |
Canada policy makers will keep the benchmark overnight rate at 1.75% in a decision at 10 a.m. in Ottawa,