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What Higher Interest Rates Mean for Miami CRE

What Higher Interest Rates Mean for Miami CRE

Avison Young Principal David Duckworth on how the Fed's inflation-fighting moves are shifting market dynamics.

The post What Higher Interest Rates Mean for Miami CRE appeared first on Commercial Property Executive.

What Higher Interest Rates Mean for Miami CRE
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What Higher Interest Rates Mean for Miami CRE
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Avison Young Principal David Duckworth on how the Fed's inflation-fighting moves are shifting market dynamics. The post What Higher Interest Rates Mean for Miami CRE appeared first on Commercial Property Executive.
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Mortgage rates that have risen significantly since early in the coronavirus pandemic, soaring housing prices and inflation are making it more difficult to buy a home, which could cool the San Antonio area's sizzling housing market.The average rate for a 30-year, fixed-rate mortgage has hovered around 5.5 percent, dropping to 5.3 percent during the week ended July 7, according to Freddie Mac.That's down from 5.7 percent the previous week but up from 2.9 percent a year earlier, as the Federal Res...
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What would negative interest rates mean for mortgages and savings?
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theguardian theguardian | 2 years ago
Variable-rate mortgages may fall a little, and it seems unlikely banks will charge to hold savingsThe governor of the Bank of England, Andrew Bailey, has paved the way for negative interest rates, saying officials are actively considering all options to prop up the economy.The Bankโ€™s base rate stands at 0.1%, the lowest level on record, so it would not take much to take it into negative territory. The UK would not be the first country to have a negative rate at its central bank โ€“ Japan and S...
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