Denmark's central bank is to tackle problems with any individual banks until the country's parliament approves a scheme to guarantee deposits. ""Until the bill has been passed, Denmark's Nationalbank will take care...
After winning a confidential vote in Parliament and a general election in May 2009, the governing UPA alliance has aimed its forces against increasing inflation which currently stands at 12%. Thus, the Reserve Bank...
"Dubai house prices rose 78 per cent in the year to the end of Q1, according to a report from Colliers International. But all the anecdotal evidence suggests that rising prices have continued since then, and may have considerably further to go as the Federal Reserve cuts...
This is a highly significant report because it is widely believed that US opposition to revaluation is the only reason that it has not happened this year. Gulf countries are all running double-digit inflation, and wholly inappropriate low interest rate regimes due to the...
You can pick a villa or apartment in almost any location – completed or off-plan – and refer back to the offer price two months ago and see the price hike.
The decision, which follows a quarter percentage point cut by the Monetary Policy Committee last month, will come as a blow to homeowners struggling with higher mortgage payments and businesses dependent on consumer spending.
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Most economists expect 25bp cut tomorrow
Dealbreaker, a widely-read business blog,...
This is a pretty quick response from the Federal Reserve. Will it help stabilize the global financial fallout?Most Americans will most likely want to know if this discount will be reflected in their home mortgage loans."The Federal Reserve, declaring that increased economic...
“Interest rates will have to reach 6%, to keep inflation under control over the next two years, the banks of England warns”. This hardly surprises me, for the last few years interest rates have been very low, where as the balance for interest rates is around 4...
The recent movement of the Dow Jones Industrial average has been described by analysts as “stunning.” An increase in consumer spending coupled with relatively upbeat quarterly earnings reports has seen the Dow rise from 13,000 to 14,000 in a mere 57 days. ...
A report released by the home builders indicates that new permits for construction hit its lowest level since 1997. This is a sign that the home builders are expecting more pullback in values.
As expected, the price of homes has fallen for the 3rd straight quarter according to the National Association of Realtors (NAR). The decline is an average of 6.5% below the peak in 2006.
Finding a home in the right neighborhood is equally as important as getting it at a value. Many neighborhoods may look suitable from a glance but there could be underlying crime that would affect your decision. Just because a neighborhood is well kept does not mean it is safe.