Tag: Interest rates
Navigating Interest Rate Challenges in a Tough Economy
Interest rates in the UK have recently been cut by a quarter percentage point to 4.5%. This change marks a shift in the financial landscape, prompting many to question what steps will follow. In...
Understanding Inflation Rate Stability at 2.2% and Its Impact on You
Inflation in the UK remained stable at 2.2% in August, according to data released by the Office for National Statistics (ONS). This figure was in line with expectations, as economists had predicted a slight...
Redfin CEO’s Plan B: Drink Own Urine or Competitors’ Blood to Cope with Mortgage...
Redfin CEO's Plan B: Redefining Strategies Amid Changing Mortgage RatesIn a recent earnings call with analysts, Redfin CEO Glenn Kelman unveiled the company's "Plan B" in response to the unpredictability of mortgage rates. Kelman's...