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...of 2024,” Moore said....
...The fall in interest rate expectations was behind the strong services PMI reading, said Tim Moore, economics director at S&P Global Market Intelligence, which compiles the survey....
...When interest rates rose, they were unable to pay the mortgage. They sold up, split up and Maureen went to live in a mobile home....
...“Forward looking survey indicators provide encouragement that business conditions could improve in the coming months,” said Moore....
...So are mortgage boycotts by homeowners. Hopes that investment by the country’s sovereign wealth fund is a sign of support should be tempered by concern about the signals it sends....
...Weak spending will raise concerns over the rebound in activity seen in other economic data, such as mortgage approvals and business sentiment....
...On Tuesday, the fund said it was “short [United Wholesale Mortgage], long [Rocket Mortgage], and purchased derivatives”....
...Homeowners with mortgages are facing a sharp increase in payments. In the US, 30-year loans are now 7 per cent. Naturally, home sales are down....
...Tim Moore of survey organisers S&P Global said construction companies were “increasingly optimistic that the worst could be behind them soon as recession risks fade and interest rate cuts appear close on...
...Elaine Moore Because Twitter is no longer a public company, you’re not answering to shareholders. If your favourite letter is X, then you get to call your social media company X as well....
...Enjoy your weekend, Elaine Moore Deputy head of Lex...
...Tim Moore, economics director at S&P Global Market Intelligence, which compiles the survey, said: “UK construction companies experienced another slump in housebuilding activity during August as rising interest...
...Tim Moore, economics director at S&P Global Market Intelligence, said “cutbacks to new residential projects in the wake of subdued demand and rising interest rates contributed to the sharpest fall in housing...
...Moore said the drop was explained by “a considerable headwind from elevated mortgage rates and weak demand”, adding that although there had been some signs of a recent stabilisation in market conditions,...
...Construction companies often noted higher mortgage rates and falling consumer confidence as factors that had held back residential activity, according to the report....
...Mortgages may have replaced gas bills as the latest national obsession but ministers mustn’t let new challenges steer them off course....
...Malcolm Moore (@malcolmmoore) Editor, FT Edit • In a wholly transparent bit of outrageous sycophancy, my favourite piece of the week was my boss Malcolm’s glorious read on all things pizza....
...pressures and shorter delays in delivery times meant “construction companies appear increasingly confident about the year ahead business outlook”....
...The section head wrote one column this week on the squeeze on Generation Rent via higher buy-to-let mortgages....
...Construction companies often cited higher mortgage rates and falling consumer confidence as factors that held back residential activity, according to the report....
...Enjoy your weekend and be well, Elaine Moore Deputy Head of Lex...
...Malcolm Moore (@malcolmmoore) Editor, FT Edit • Two pieces had me hooked this week, both on a similar theme: the trials and tribulations of trying to be a company with a conscience....
...These now look less valuable, just as employees’ monthly mortgage payments are spiking....
...Identittiby Mithu Sanyal, translated by Alta L Price, V&Q Books £12.99 Questions about race, culture and belonging abound in this entertaining debut by German journalist and academic Mithu Sanyal....
...At the heart of the fair, the V&A’s Melanie Vandenbrouck has curated a sculpture display on the east-west axis previously occupied by the bar....
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