Fixed deposit rates in post office

Share to Twitter Share to Linkedin Topline Mortgage rates tumbled last week to their lowest level in over a month, according to data released Wednesday morning by the Mortgage Bankers Association, as waning confidence in the U.S. banking system provides a reprieve to home buyers. Key Facts The average 30-year fixed mortgage rate slipped from 6.71% to 6.48% last week, falling to its lowest level since mid-February and its largest percentage decline since November. Mortgage applications rose 3% last week, according to the survey, as buyers take advantage of rapidly declining home prices. That followed a wild stretch for the banking sector – headlined by the failures of Silicon Valley Bank and Signature Bank, the nation’s second and third-biggest such failures ever – causing investors to pack into safer assets such as government bonds. Yields for 10-year U.S. Treasury notes sank 70 basis points to 3.4% in the two-week period … [Read more...] about Housing Market: Mortgage Rates Sink To 5-Week Low Amid Bank Havoc

Share to Twitter Share to Linkedin Bitcoin BTC and cryptocurrencies have rocketed higher over the last week as the Silicon Valley Bank-led banking crisis sparks worrying hyperinflation fears . Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster The bitcoin price has added almost 50% since early March, helping the ethereum price and other cryptocurrencies rally, due to rising expectations the Federal Reserve will pivot from its hawkish stance in the face of slowing inflation and bank collapses . Now, Tesla billionaire Elon Musk has waded into the debate, sending a warning to U.S. president Joe Biden after the Federal Reserve raised interest rates again. It's at the beginning of a bull run you need up-to-date information the most! Sign up now for the free CryptoCodex — A daily newsletter for traders, investors and the crypto-curious that … [Read more...] about ‘Banks Are Melting’—Elon Musk Sends Warning To Joe Biden And The Fed Amid Wild Bitcoin, Ethereum And Crypto Price Swings

Share to Twitter Share to Linkedin I am the CEO of MEBO International ; the leader of Skingenix; and co-founder of the Human Heritage Project. When inflation begins to rise, for-profit businesses have an easier time mitigating the adverse effects. For instance, an online apparel brand may raise prices or shipping rates to cover economic fluctuations. However, it can be more challenging for nonprofit leaders to figure out how to navigate a world of increasing costs while still achieving their mission. What specifically makes nonprofits particularly vulnerable to inflation? For one, many nonprofits focus on meeting with their supporters and donors in person. Even if those meetings occur locally, they can be logistically and financially demanding. And if the meeting is a large event, like a 5K race or gala, it can end up being more expensive as inflation grows. Another point of vulnerability is that though nonprofits can ask for bigger … [Read more...] about 3 Ways Your Nonprofit Can Mitigate Inflation Challenges