Monetary Policy Summary, June 2026 At its meeting ending on 17 June 2026, the Monetary Policy Committee (MPC) voted by a majority of 7–2 to maintain Bank Rate at 3.75%. Two members voted to increase Bank Rate by 0.25 percentage points, to 4%. Global energy prices have fallen since the previous meeting in response to…
The major US stock indices are closing higher on the day led by the Nasdaq. The Dow closed about 53K for the first time ever with Boeing (+3.55%), IBM (+3.45%) and Goldman Sachs (+3.36%), the biggest gainers. Looking at the major indices: Dow industrial average rose 0.29% to 53,061.30 S&P index rose 54.17 points or…
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The U.S. Securities and Exchange Commission established joint data standards under the Financial Data Transparency Act of 2022. The final rule establishes technical standards for data submitted to certain financial regulatory agencies. Eight additional agencies have established or are expected to act on establishing the joint standards: the Board of Governors of the Federal Reserve…
Volatility is always a risk surrounding 3 day holiday weekends when it comes to markets and mortgage rates, but this time around, things have been very calm. The average top-tier 30yr fixed rate remained almost perfectly flat versus last Thursday with the MND index technically falling by 0.01%. This week’s calendar of scheduled events is…
The thrill of closing a deal, meeting new clients, and showcasing homes is why many of us love being real estate agents. But what happens when excitement turns to unease? What if that “interested buyer” turns out to have other intentions? What do you do when you’re in a vacant home with a stranger, and…
Union Minister Amit Shah on Monday announced that the government will soon facilitate the promotion of a cooperative life insurance company and also help set up a cooperative for utility aggregation on the lines of ‘Bharat Taxi’. “We will soon launch a utility aggregator cooperative on the lines of Bharat Taxi and taking…
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Graham Platner, Democratic US Senate candidate for Maine, during a primary election night event at the Blue Hill YMCA in Blue Hill, Maine, US, on Tuesday, June 9, 2026. Graeme Sloan | Bloomberg | Getty Images Democratic Maine Senate candidate Graham Platner on Monday said he’s taking “time to reflect” on his campaign’s path forward…
The geographic breakdown tells a pointed story. Calgary, one of Canada’s more accessible major housing markets, topped the national list, with approximately 70% of its listings flagged as likely AI-generated, while Montreal registered the smallest share at just 7%. In English Canada, Vancouver, where average home prices remain among the highest in the country, recorded only 31%…