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Published on Jun 7, 2023

Higher interest rates are coming for variable- and fixed-rate mortgage borrowers

Open this photo in gallery:A woman walks past the Bank of Canada headquarters in Ottawa on June 1, 2022.Adrian Wyld/The Canadian Press The Bank of Canada’s interest rate hike of another quarter of a percentage point will dial up the financial pain felt …

Source: The Globe and Mail - Neutral
Published on Jun 7, 2023

On fighting inflation, central banks are getting way too confident

Open this photo in gallery:Francois Villeroy de Galhau, governor of the Bank of France, Ignazio Visco, governor of the Bank of Italy, Christine Lagarde, president of the European Central Bank, and Tiff Macklem, governor of the Bank of Canada, prior to the …

Source: The Globe and Mail - Neutral
Published on Jun 7, 2023

What interest rate hike means for mortgage holders, home hunters

Photo: The Canadian Press Governor of the Bank of Canada Tiff Macklem. The Bank of Canada hiked its key interest rate Wednesday by a quarter percentage point, bringing the rate to 4.75 per cent — the highest it's been since April 2001. The hike is …

Source: Castanet - Neutral
Published on 02:27 GMT

B.C. mortgage holders brace for higher payments for longer period

People will need to reconsider spending and businesses will likewise need to rethink loans to make further investments, says one B.C. economist. The Bank of Canada’s latest interest rate hike is a signal that more mortgage holders will be facing higher …

Source: North Shore News - Center-left
Published on Jun 7, 2023

What mortgage owners need to know about the Bank of Canada's rate hike

The Bank of Canada’s surprise decision to raise interest rates will bring about higher mortgage costs, according to experts. Canada’s central bank announced Wednesday a move to increase the policy rate by 25 basis points to 4.75 per cent. The move went …

Source: BNN Bloomberg - Neutral
Published on Jun 7, 2023

Bank of Canada hikes rates by a quarter point amid stubbornly high inflation, resilient economy

Open this photo in gallery:The Bank of Canada is shown in Ottawa on Tuesday, July 12, 2022.Sean Kilpatrick/The Canadian Press The Bank of Canada raised its benchmark interest rate to 4.75 per cent, restarting its monetary policy tightening campaign in …

Source: The Globe and Mail - Neutral
Published on Jun 7, 2023

All money changes coming in June 2023 – from Universal Credit to Tesco Clubcard

Money changes are coming this summer – so what should you watch for in June? (Picture: Getty Images/Science Photo Libra)As the cost of living remains high, many will be keeping on top of their finances in a bid to stave off money woes. It can help to …

Source: Metro - Neutral
Published on Jun 7, 2023

The Bank of Canada just 'stomped' on the housing market rebound

Breadcrumb Trail Links Real Estate News Mortgages Economy Higher rates could put downward pressure on prices and send some would-be buyers back to the sidelines, experts say A sold sign on a home in Ontario. The Bank of Canada's latest rate increase …

Source: Financial Post - Center-right
Published on Jun 7, 2023

What the interest rate hike means for mortgage holders, home hunters

Breadcrumb Trail Links PMN Real Estate PMN Business Author of the article: The Canadian Press Tara Deschamps Published Jun 07, 2023 • 3 minute read Governor of the Bank of Canada Tiff Macklem holds a press conference, in Ottawa, Thursday, May 18, 2023. …

Source: Financial Post - Center-right
Published on Jun 7, 2023

Rate hike 'may be the last straw' for some homeowners: mortgage broker

With the latest hike bringing Canada's key interest rates to levels not seen since 2001, one mortgage broker is warning that it may be "the last straw" for some homeowners with variable mortgages. "We started to hear from people in the …

Source: CTV News - Neutral
Published on Jun 7, 2023

Bull vs. Bear: Is The Hype for Japan ETFs Justified?

Bull vs. Bear is a weekly feature where the VettaFi writers’ room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to play either angle. For this edition of Bull vs. Bear, Nick …

Source: ETF Trends - Neutral
Published on Jun 7, 2023

Bank of Canada hikes interest rate again — and there may be more to come

The Bank of Canada decided to raise its benchmark interest rate to 4.75 per cent on Wednesday. It's the first time that Canada's central bank has raised its trend-setting interest rate since January, when the bank signalled it would conditionally …

Source: CBC/Radio-Canada - Public Broadcaster
Published on Jun 2, 2023

Interest in variable rate mortgages drops amid higher interest rates

Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Article content The rapid rise in interest rates has dampened Canadians’ desire for …

Source: Calgary Herald - Center-right
Published on Jun 7, 2023

How much money do I need to take a career break?

Open this photo in gallery:Sonia Datta Chose to take a career break in 2020 after signs of burnout began to crop up. Studies suggest proper budgeting and contingency planning are essential to making the break successful.Fred Lum/The Globe and Mail For …

Source: The Globe and Mail - Neutral
Published on Jun 7, 2023

The Bank of Canada’s key rate rose again. Why another hike in July ‘looks likely’

The Bank of Canada raised its benchmark interest rate on Wednesday amid fears that a hot economy could mean inflation gets stuck “materially” above its two per cent target. While most economists were not expecting the move, some now say one hike won’t be …

Source: Global News - Neutral
Published on Jun 7, 2023

'A ticking time-bomb': The rise of the variable-rate, fixed-payment mortgage

Article content Under these types of loans: The homeowner pays the same amount each month whether interest rates rise or fall. But the amount of that payment that goes towards paying interest and the amount that goes towards paying down the mortgage …

Source: Financial Post - Center-right
Published on Jun 6, 2023

Credit debt grows as Canadians struggle with spike in cost of living and bills they just can’t pay

A growing number of Canadians are missing monthly payments on nonmortgage bills as consumers slip further into debt amid high interest rates and a rising cost of living, according to a report from Equifax released on Tuesday. The credit monitoring agency …

Source: The Toronto Star - Left-wing
Published on Jun 6, 2023

Why there’s finally some good news for first-time buyers, says TERRY FISHER

The property market is experiencing a seismic shift as buy-to-let landlords abandon ship. This exodus of landlords has flooded the market with former rental properties. While some may fear a potential house price crash, I argue that this scenario presents …

Source: Daily Express - Right-wing
Published on Jun 5, 2023

The Bank of Canada let housing run amok in 2021 - now it needs to act by raising rates

We will soon see where the ultimate power lies in our economy: with the Bank of Canada, or the housing market. The central bank’s next chance to adjust its trendsetting overnight rate comes Wednesday. An increase sends a message that the housing market …

Source: The Globe and Mail - Neutral

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Published on June 7, 2023 - 16:00 GMT

Mission Real Estate Funding LLC Revolutionizes the Borrowing Experience

MELVILLE, NY, SUFFOLK, June 7, 2023 /⁨EINPresswire.com⁩/ -- Mission Real Estate Funding LLC Revolutionizes the Borrowing Experience with Innovative Solutions Mission Real Estate Funding LLC, a leading provider of financial solutions, is proud to …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on June 7, 2023 - 22:41 GMT

Pawel Kentaro: Latin America Real Estate Maestro Unearths Tulum's Hidden Gems in Mexico's Alluring Buyer's Market

Pawel Kentaro reveals the hidden gems of Tulum in Mexico's attractive buyer's market, offering invaluable insight into investment opportunities. MEXICO, June 7, 2023 /⁨EINPresswire.com⁩/ -- Pawel Kentaro, a renowned real estate expert …

Distribution channels: Real Estate & Property Management ...

Published on June 8, 2023 - 01:16 GMT

Real Estate Entrepreneur Interviewed by Host Angelo Cruz on the CyberCEO Podcast

Lake Charles, Louisiana, June 07, 2023 (GLOBE NEWSWIRE) -- Mission Matters Podcast Agency distributes the CyberCEO Podcast. Wallace Myers started his real estate journey in 2015. His expertise in the field has allowed for significant organizational growth …

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Published on June 7, 2023 - 17:36 GMT

Dignity Gold Announces Formal Completion of Foreclosure of Multiple Mines from Apache Mill Tailings

NEW YORK, NEW YORK, UNITED STATES, June 7, 2023 /⁨EINPresswire.com⁩/ -- Dignity Gold ("Dignity"), a company utilizing security tokens to unlock new ways of investing in the United States precious metals, mining, and minerals sector, …

Distribution channels: Mining Industry ...

Published on June 7, 2023 - 07:00 GMT

American IRA Discusses Tips and Strategies for Self-Directed IRA Real Estate Investing

American IRA, a Self-Directed IRA administration firm in Asheville, NC, recently released tips and strategies for Self-Directed IRA real estate investors. ASHEVILLE, NORTH CAROLINA, USA, June 7, 2023 /⁨EINPresswire.com⁩/ -- Although the Self- …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 7, 2023 - 19:25 GMT

Freddie Mac Expands Financing for Affordable Housing in Native American Communities

HeritageOneSM will increase access to affordable mortgages for tribal members living in tribal areas MCLEAN, Va., June 07, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the launch of a new mortgage product to support members of Native …

Distribution channels: Companies, Media, Advertising & PR ...
Published on June 7, 2023 - 16:20 GMT

SRS Real Estate Partners Expands in Tampa, FL with Acquisition of Meridian Retail Group

Dallas, TX, June 07, 2023 (GLOBE NEWSWIRE) -- SRS Real Estate Partners today announced the acquisition of Meridian Retail Group, a full-service commercial real estate firm based in Tampa, Florida, providing advisory services to retail, restaurant and …

Distribution channels: Companies, Media, Advertising & PR ...
Published on June 7, 2023 - 15:57 GMT

TAWANI Property Management’s Pritzker Military Archives Center Won Illinois Real Estate Journal Commercial Real Estate ...

Chicago, June 07, 2023 (GLOBE NEWSWIRE) -- TAWANI Property Management’s (TPM) Pritzker Military Archives Center (PMAC), which is owned by the Pritzker Military Museum & Library, was presented with one of Illinois Real Estate Journals’ 2023 Commercial …

Distribution channels: Media, Advertising & PR

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Published on June 8, 2023 - 00:08 GMT

Tripvalet Incentives Introduces Next Level Insurance Agent Program

Empowering Agents to Attract and Retain Clients through Vacation Incentives: Tripvalet Incentives Introduces Next Level Insurance Agent Program OVERLAND PARK, KS, USA, June 7, 2023 /⁨EINPresswire.com⁩/ -- Tripvalet Incentives is excited to unveil …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 7, 2023 - 22:48 GMT

Haven Senior Investments Appoints Robin Gestal as COO, Signifying a New Chapter of Leadership Excellence

Haven Senior Investments Appoints Robin Gestal as Chief Operating Officer, Signifying a New Chapter of Leadership Excellence DALLAS, TEXAS, UNITED STATES, June 7, 2023 /⁨EINPresswire.com⁩/ -- Haven Senior Investments, a distinguished faith-based …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 7, 2023 - 22:41 GMT

Pawel Kentaro: Latin America Real Estate Maestro Unearths Tulum's Hidden Gems in Mexico's Alluring Buyer's Market

Pawel Kentaro reveals the hidden gems of Tulum in Mexico's attractive buyer's market, offering invaluable insight into investment opportunities. MEXICO, June 7, 2023 /⁨EINPresswire.com⁩/ -- Pawel Kentaro, a renowned real estate expert …

Distribution channels: Real Estate & Property Management ...
Published on June 7, 2023 - 19:58 GMT

Hostly Introduces All-Inclusive Vacation Rental Management Service in Austin, TX

The company’s aim is to help property owners to maximize rental income – without the hassle and stress. AUSTIN, TEXAS, UNITED STATES, June 7, 2023 /⁨EINPresswire.com⁩/ -- Hostly, a leading vacation rental management company, is excited to announce …

Distribution channels: Building & Construction Industry, Culture, Society & Lifestyle ...
Published on June 7, 2023 - 19:00 GMT

Outdoor Cooking ~ J. Montgomery Designs, A Landscape Architecture Firm

ALAMO , CA, USA, June 7, 2023 /⁨EINPresswire.com⁩/ -- Nothing says summer like making dinner outdoors, whether you’re firing up the grill, smoker, or fire or preparing a fresh salad from the garden. Outdoor cooking comes in myriad forms, from …

Distribution channels: Consumer Goods, Culture, Society & Lifestyle ...
Published on June 7, 2023 - 17:14 GMT

HavenCo Serves: 67-Bed Assisted Living Business in Northern Missouri

Haven Senior Investments Facilitates Successful Sale of Established Family-Owned Assisted Living Business in Northern Missouri DALLAS, TEXAS, UNITED STATES, June 7, 2023 /⁨EINPresswire.com⁩/ -- Haven Senior Investments, the leading faith-based …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on June 7, 2023 - 16:00 GMT

LCP Media Unveils TourBuilder Clips: Virtual Tour Videos Using Innovative AI Technology

LCP Media announces the launch of TourBuilder clips, a new video feature integrated with the groundbreaking TourBuilder Go unit-level virtual tour solution. CHICAGO, IL, UNITED STATES, June 7, 2023 /⁨EINPresswire.com⁩/ -- LCP Media, a national …

Distribution channels: Real Estate & Property Management, Technology ...
Published on June 7, 2023 - 16:00 GMT

Mission Real Estate Funding LLC Revolutionizes the Borrowing Experience

MELVILLE, NY, SUFFOLK, June 7, 2023 /⁨EINPresswire.com⁩/ -- Mission Real Estate Funding LLC Revolutionizes the Borrowing Experience with Innovative Solutions Mission Real Estate Funding LLC, a leading provider of financial solutions, is proud to …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on June 7, 2023 - 16:00 GMT

Major Report Released on Utah Autism Inclusion

UTAH, UNITED STATES, June 7, 2023 /⁨EINPresswire.com⁩/ -- Madison House Autism Foundation (MHAF) and partners across Utah released a major report of significant first-round data with autistic adults and their communities on June 7th, creating a …

Distribution channels: Culture, Society & Lifestyle, Human Rights ...
Published on June 7, 2023 - 15:19 GMT

Fort Collins IT Company Adds Endpoint Detection and Response

Technical Framework Adds Endpoint Detection and Response to Their Service Offerings FORT COLLINS, COLORADO, UNITED STATES, June 7, 2023 /⁨EINPresswire.com⁩/ -- Colorado-based IT managed service and cybersecurity provider, Technical Framework, is …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on June 7, 2023 - 14:00 GMT

Online Notarization Made Easy with CyberizeIt.com: Essential Information for Title Offices Hiring Notaries

COLUMBUS, OHIO, USA, June 7, 2023 /⁨EINPresswire.com⁩/ -- CyberizeIt.com, a leading provider of online notarization services, is pleased to announce a simplified and convenient approach to online notarization. As technology continues to reshape the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 7, 2023 - 13:55 GMT

Google-Supported Startup Helps Rebuild Ukraine with New Carbon Credit Category

Tao Climate partners with Hemp Ukraine Recover to fund hempcrete reconstruction through the sale of new Hemp Carbon Credits DUBLIN, DUBLIN, IRELAND, June 7, 2023 /⁨EINPresswire.com⁩/ -- Tao Climate, a pioneering carbon offset platform backed by …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on June 7, 2023 - 13:10 GMT

Summer is the Perfect Season to Bring Colour into Your Home: Expert Insights from Nauradika

Here we discuss the growing trend of adding bright colours to interiors and gather insights on how to incorporate bold colours into home decor. LONDON, ENGLAND, UNITED KINGDOM, June 7, 2023 /⁨EINPresswire.com⁩/ -- As summer approaches, homeowners …

Distribution channels: Building & Construction Industry, Culture, Society & Lifestyle ...
Published on June 7, 2023 - 13:00 GMT

National HomeCorp announces construction of 124 affordable new homes in Kansas City, Missouri's Hyde Park neighorhood

National HomeCorp, "America's Affordable Builder" has constructed and sold 124 new affordable homes in Kansas City, Missouri's Hyde Park neighborhood KANSAS CITY, MISSOURI, US, June 7, 2023 /⁨EINPresswire.com⁩/ -- ATLANTA, GA, …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on June 7, 2023 - 12:15 GMT

PLNT Burger Launches 3rd NYC Location in Bryant Park

Celebrity Chef Spike Mendelsohn and Team Open New Plant-based Fast Casual Restaurant at 11 West 42 St. NEW YORK , NEW YORK , USA , June 7, 2023 /⁨EINPresswire.com⁩/ -- PLNT Burger - the plant-based, fast casual restaurant concept dedicated to …

Distribution channels: Business & Economy, Companies ...
Published on June 7, 2023 - 12:05 GMT

Best in Broward Movers: Your Trusted Coral Springs Moving Company

Best in Broward Movers now offers professional moving services in Coral Springs, Florida. CORAL SPRINGS, FL, USA, June 7, 2023 /⁨EINPresswire.com⁩/ -- Coral Springs, FL - Moving can be a stressful experience, but Best in Broward Movers is here to …

Distribution channels: Building & Construction Industry, Consumer Goods ...
Published on June 7, 2023 - 12:00 GMT

Transforming Lives: Credit Fitness Financial and OKCMAR's Partnership to Improve Housing Access and Reduce Homelessness

Credit Fitness Financial Group Partners with OKCMAR to Provide Financial Education and Resources to Improve Access to Housing and Reduce Homelessness OKLAHOMA CITY, OKLAHOMA, UNITED STATES, June 7, 2023 /⁨EINPresswire.com⁩/ -- Credit Fitness …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 7, 2023 - 12:00 GMT

Q1-2023 Results from the Giliberto-Levy Index (G-L 1) are Released

Across all sectors, the total return stood at an impressive 3.13%, outperforming Baa intermediate bonds, which recorded a markedly lower total return of 2.66%. RICHMOND, VIRGINIA, USA, June 7, 2023 /⁨EINPresswire.com⁩/ -- (The following is adapted …

Distribution channels: Real Estate & Property Management ...
Published on June 7, 2023 - 10:15 GMT

Non-Invasive Facade Retrofit Systems Provider INOVUES Receives NYC Accelerator Innovator Award

Climate-Tech Company Wins Innovator Award for Multiple Achievements Including Connector Leader, Training Champion Partner, and Service Provider Affiliate NEW YORK , NY, USA, June 7, 2023 /⁨EINPresswire.com⁩/ -- INOVUES, the multi-award-winning …

Distribution channels: Building & Construction Industry, Companies ...
Published on June 7, 2023 - 10:00 GMT

New FWC Certified Turtle-Safe Area, Flood and Wall Lights

CARA LED Florida Wildlife Commission certified turtle-safe area lights, flood lights, and wall lights. WORCESTER, MA, UNITED STATES, June 7, 2023 /⁨EINPresswire.com⁩/ -- Access Fixtures, a leader in commercial and industrial LED lighting, today …

Distribution channels: Building & Construction Industry, Business & Economy ...