Higher interest rates affect the real estate market

Higher interest rates affect the real estate market

Homes affordable despite higher interest rates Despite increased mortgage interest rates, home prices remain affordable. The persistently high proportion of money market financing (SARON) indicates that buyers are optimistic and expect (key) interest rates to fall again in the long term. The possibility of deducting mortgage interest from taxable income also dampens the interest rate … Read more

The Cost of Renovation: What to Expect and How to Plan

The Cost of Renovation: What to Expect and How to Plan

Renovation: What renovation costs should you expect? Have you already decided to renovate your home to make it age and senior-friendly? Keep in mind that renovation costs can vary significantly depending on your individual needs and circumstances. The costs depend on factors such as the extent of the renovations, the size of the house and … Read more

Bank of America Corp. (BAC) Stock Falls 0.44% as Market Dips | Oct. 12, 2023

Bank of America Corp. (BAC) Stock Falls 0.44% as Market Dips | Oct. 12, 2023

Published: Oct. 12, 2023 at 4:32 p.m. ET Shares of Bank of America Corp. BAC slumped 0.44% to $26.90 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.62% to 4,349.61 and Dow Jones Industrial Average DJIA falling 0.51% to 33,631.14. The … Read more

“Charles Schwab and State Street Report Decline in Deposits Due to Rising Interest Rates”

“Charles Schwab and State Street Report Decline in Deposits Due to Rising Interest Rates”

State Street and Charles Schwab have recently experienced a significant drop in deposits. The decrease in assets has been attributed to a variety of external factors, including the COVID-19 pandemic and current economic uncertainty. As two of the industry’s largest custodians, these developments raise important questions about the state of the financial market and the … Read more

“I receive support from my colleagues and the company as a new father and postal manager”

“I receive support from my colleagues and the company as a new father and postal manager”

New father and director of the Urgnano post office. On Father’s Day, that of Daniele Sottile is a story of successful reconciliation between work and family. “Sofia’s birth was an enormous joy – she says -. But as can be imagined, it happens that the child is ill or she has to get the vaccines, … Read more

First applications to US authorities: Twitter should soon include payment services

First applications to US authorities: Twitter should soon include payment services

Twitter has started applying for the necessary licenses in the US to be able to integrate payment services. This is reported by the Financial Times and adds that although a first step was taken before the takeover by Elon Musk, it was only after that that things really took off. The subsidiary “Twitter Payments” has … Read more

Connect launches its green finance product

Cairo: Contact Financial Holding, a pioneer in the field of non-bank financial services, has launched its new product “Green Finance” to promote sustainability, which is considered locally and globally influential in the current period, especially in light of the climate changes affecting the planet in general. As Contact seeks to apply the sustainability approach and … Read more