Explanations for why the US savings rate is so low include, people’s faith and Social Security as a pension, improved insurance and capital markets, and changes in people’s values. Why are interest rates so low on savings accounts 2021? Savings account rates are very low In response to the economicRead More →

Bank of England to raise rates in late 2022, possibly sooner – Reuters poll. … Bank Rate was seen rising to 0.25% in the fourth quarter of 2022 from its current record low of 0.10%, according to the Sept. 6-9 poll. In an August poll no change was expected untilRead More →

It provides for substantial penalties of up to two years imprisonment, Unlawful Profit Orders and fines. There are associated and related offences whereby persons connected with an unlawful subletting, whether as sub-tenant, advertiser, introducer, rent collector or agent can also be prosecuted for housing fraud. Do coworking spaces pay businessRead More →

Canadian Mortgage Rates Are Going To Climb Mortgage borrowing costs are likely to reach pre-pandemic levels soon. Our median 5-year fixed-rate forecast is 2.55% by the end of Q3 2021. Based on the most bullish yield forecast, it would rise to 2.65%. The downside yield forecast is the same asRead More →