Tag: hope
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REVEALED: How average mortgage payments on a new home have risen 90% since Biden took office – but experts warn buyers not to hold off in the hope of costs falling since high interest rates are here to stay
Homeownership is becoming a pipe dream for most Americans, as average monthly mortgage payments are now nearly double what they were when Biden took office. Interest rates above 7 percent and rising home prices mean buyers are facing one of the least affordable markets in recent history. Analysis even shows that it makes more financial…
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Investors hope for road map for China’s economy
After a solid first quarter, investor and consumer confidence has wavered, as not only property but China’s export earnings have disappointed. Joe Leahy in Beijing and Cheng Leng and Andy Lin in Hong Kong After one of the toughest years for China’s economy and its investors, the country’s central bank governor had a sobering message: there…