News Portal

Mortgage Interest Rates Today: Home Buying Guide

Share Tweet Share Share Email As we analyze the current landscape of home financing, the role of mortgage interest rates becomes increasingly prominent, particularly for first-time home buyers. Today’s mortgage rates, a crucial factor in determining the overall affordability of a home, have a significant impact on the home buying process. This article aims to provide a comprehensive understanding of these rates and their implications for prospective homeowners. Understanding Mortgage Rates Mortgage rates, essentially the interest charged on a loan used to purchase a home, are influenced by a myriad of factors, including the…

Recruiter axes hundreds of jobs in UK's longest hiring slump - latest updates

Robert Walters has axed hundreds of staff as it battles a slowdown in hiring around the world. The recruitment consultancy said it had axed about 220 roles in the last three months of last year, taking its total headcount down to 3,980. The company reported a 10pc slowdown in fee income as companies around the world have had their hiring plans derailed by higher interest rates. Chief executive Toby Fowlston said: “Despite the challenging macro-economic conditions, the group has delivered a resilient fourth quarter and FY23 profit before tax will be in-line with market expectations.” Robert Walters struggles comes as Britain finds…

Americans grow more confident about the economy, even as the Fed's inflation…

To many consumers, it probably doesn't feel like a big improvement. But after two years of breakneck inflation that sent the cost of everyday goods and services surging, 2023 experienced a meaningful slowdown in price growth. After it hit a high of 9% in the summer of 2022, the 12-month rate of inflation measured 3.1% in November. Economists forecast the rate to have remain unchanged for December. The Bureau of Labor Statistics will announce the latest data at 8:30 a.m. Thursday. The rate will still be above the Federal Reserve's inflation target of 2%. And the fact that prices in most cases aren't actually reversing means the…

Trump predicts stock market crash if he doesn't win 2024

Former President Trump on Wednesday predicted there would be a stock market crash if he does not win the presidential election in November. Trump was asked at a Fox News town hall in Iowa about in which he said he hoped any economic downturn would happen in the next 12 months because he did not want to be like former President Hoover, who took office during a stable economy but later oversaw the Great Depression. “You’re not saying you’re hoping for a crash, just to be clear?” town hall moderator Bret Baier asked. “No. I think this. I think the economy is horrible, except the stock market is going up, and I think the stock market…

Investor Michael Farr is back with his top 10 stocks he’s buying for 2024, and…

Traders work on the floor of the New York Stock Exchange (NYSE) on the first day back since the Christmas holiday on December 26, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images In each of the past 16 Decembers I have selected and invested personally in 10 of the stocks we follow with the intention of holding for just one year. These are companies that I find especially attractive in light of their valuations or their potential to benefit from economic developments. I hold an equal dollar amount in each of the positions for the following year, and then I reinvest in the new list. This year’s list is perhaps…