North Park Home Sales Are Up, Realtors Say, But Interest Rates May Rise

North Park Home Sales Are Up, Realtors Say, But Interest Rates May Rise
Interest rates have been "unsustainably low" and are likely to rise, said Carmen Rodriguez. A 1 percent increase in interest rates translates into an 11 percent drop in purchasing power for buyers, she said. "Affordability has already reached its peak …
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Firms Prepare for Rise in Interest Rates
Without guessing at when it could happen, firms are already preparing advisors for how a rise in interest rates could shift retireesí investment outlook. In the past few years, retirement planning has had to contend with historically low interest rates …
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Fed Seen Maintaining Stance on Record Low Interest Rates
federal reserve bernanke interest rates Richard Drew/AP Federal Reserve Chairman Ben Bernanke is seen on a monitor on the floor of the New York Stock Exchange on Tuesday, the same day Bernanke told Congress maintaining low interest is necessary in …
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Vietnam Cuts Interest Rates to Aid Growth After Inflation Slowed
Vietnam's central bank cut interest rates as inflation slowed, seeking to spur lending and boost consumption after a credit crunch slowed economic growth to a 13-year low. The State Bank of Vietnam lowered the refinance rate to 8 percent from 9 percent …
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