Not exact matches
Economists
at Macroeconomic Advisers boosted their forecast for fourth -
quarter economic growth
by three - tenths
of a
percentage point to an annualized rate
of 2.4 percent, on the «unexpected strength» in consumer spending.
During the second
quarter of 2014, affordability measures
at the national level fell
by 0.9
percentage points to 48.0 per cent for two - storey homes,
by 0.6
percentage points to 42.5 per cent for detached bungalows and
by 0.4
percentage points to 27.4 per cent for condominium apartments.
The Fed raised its benchmark overnight lending rate
at its March 20 - 21 meeting
by a
quarter percentage point to a target range
of between 1.50 percent and 1.75 percent.
Experts predict that rates will increase
by the end
of 2017 and will be about three -
quarters of a
percentage point higher,
at 4.5 %,
by the end
of 2018.
Generally, the rule is that market rates need to fall
by at least a
quarter of a percent (0.25
percentage points) and that you can only re-lock your rate once.
«The Fed's decision to raise interest rates
by a
quarter of a
percentage point puts the federal funds rate
at its highest level since 2008.
MPF's forecast for 2015 called for occupancy
at the end
of the first
quarter the
percentage of vacant apartments to rise
by about 40 basis
points, and for rents to keep growing, but less quickly than last years,
at an average rate
of about 3.6 percent to 3.9 percent a year.
At the hearing, Carson also said he wasn't briefed
by the Obama administration before its decision on Monday to cut premiums the FHA charges
by a
quarter of a
percentage point.
Rather than the slow pace
of rate hikes so far that has kept interest income
at a low level, increase rates
by a half or three -
quarters of a
percentage point in one shot.