Central Banks Face Pressure as Investors Watch the Next Interest Rate Moves.
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Central Banks Face Pressure as Investors Watch the Next Interest Rate Moves.
Stay updated with the latest breaking news on politics, business, technology, sports, entertainment, and world events in real time.

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Unfortunately, savings accounts just took a hit. Some of the big banks have found a way to save money during the COVID-19 crisis by slashing the interest rates on your savings account to near zero. Some banks posted their savings rates on April 6, 2020: BMO Premium Rate Savings: 0.01%; CIBC eAdvantage Savings Account: 0.3%; Scotiabank MomentumPlus Savings: 0.15%; RBC High Interest eSavings: 0.05%; Simplii Financial: 0.5% Tangerine: 0.4% TD High Interest Savings Account: 0% on balances up to $4,999.99; 0.1% for higher balances. Now could be an excellent time to work with a financial advisor to get you better rates for your savings. Having a plan with goals will also help. Call Wayne Elliott at 519-220-0557 for some options. https://bit.ly/33r9R8q
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Orange County Housing Market Update | May 6th, 2019⠀ .⠀ .⠀ OVER THE PEAK!!!⠀ .⠀ .⠀ With a slight rise in interest rates, since dropping to 4%⠀ at the end of March, demand peaked in April this year.⠀ .⠀ Interest Rates are hovering around 4.25%⠀ .⠀ Overall demand is down about 3%⠀ .⠀ .⠀ Expected Market Time⠀ .⠀ Expected Market Time for all of Orange County increased from⠀ 76 days, two weeks ago, to 81 days today...a "slight" Seller's Market.⠀ Market Time was at about 62 days this time last year.⠀ .⠀ .⠀ For homes priced below $750k, ⠀ Expected Market Time is 58 days...⠀ A Seller's Market! This range represents ⠀ 39% of active inventory and 55% of demand.⠀ .⠀ .⠀ For homes priced between $750k and $1 million...⠀ the expected market time is 70 days...⠀ a Slight Seller's Market.⠀ This range represents 19% of inventory and 22% of demand.⠀ .⠀ .⠀ Luxury Homes⠀ .⠀ The luxury end, all homes above $1.25 million, accounts for 33%⠀ of the inventory and only 16% of demand.⠀ Expected market time of luxury homes ranges from 108 days, ⠀ for home priced between $1.25 and $1.5 million⠀ to 425 days for homes priced over $4 million. It's a broad range!⠀ .⠀ .⠀ These numbers are an average of Orange County...⠀ If you would like specific details on your city or neighborhood⠀ please contact us today. (949) 229-5460⠀ .⠀ .⠀ DRE: 01911411 & 01965556⠀ .⠀ .⠀ .⠀ .⠀ .⠀ .⠀ .⠀ #realtor #realtorlife #marketupdate #housingmarket #interestrates #finance #orangecounty #realestate #rsm #missionviejo #c21 #century21award⠀ #kaufmanevansgroup #buyingahome #homessale #homesforsale #openhouse #listings #offmarket #letsmakeadeal (at Century 21 Award Rancho Santa Margarita) https://www.instagram.com/p/BxNa5IbFESs/?utm_source=ig_tumblr_share&igshid=19a9u270nahqd
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By The Numbers: Changes in New York City's Housing Stock . . . #nyc #nyu #stateofthecity #fed #affordable #housing #tax #interestrates #supply #job #wage #development (at NYU Law Vanderbilt Hall)