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Mortgage Rates Rise to Highest Since Aug.
Mortgage Refinance Rates Drop Again
Refinance rates on 30-year mortgages subtracted 6 basis points for a second consecutive day Wednesday, reducing the national average to 6.71%. That lowers it from a recent two-month high, but it remains 70 basis points above the 19-month low we saw Sept. 16—when the average sank to 6.01%.
Mortgage Rates Rise to Highest Since August
Mortgage rates rose to the highest level in nearly two months. The average rate on a standard 30-year fixed mortgage rose to 6.44%, according to a survey of lenders released Thursday by the mortgage-finance company Freddie Mac.
The Fed is cutting interest rates, so why are mortgage rates rising?
It’s been a month since the Federal Reserve shifted from fighting inflation with high interest rates to supporting the job market with the first in what is expected to be a series of rate cuts.
Euro at over 2-month lows ahead of likely ECB rate cut
ECB lowers rates and eyes more cuts as economy sags
The European Central Bank cut interest rates on Thursday for the third time this year, saying inflation in the euro zone was increasingly under control while the outlook for the bloc's economy was worsening.
Euro Little Moved After ECB Cuts Rates as Expected
The euro continued to trade steady against the dollar, showing little reaction after the European Central Bank delivered another highly-anticipated interest-rate cut.
Pound Takes a Hit as Euro Gains Strength Ahead of ECB's Historic Rate Cut
Yesterday, the Pound Sterling was the weakest currency in the forex market, primarily due to dismal inflation figures from the UK. This data has increased expectations for the Bank of England (BoE) to lower interest
China's Major Commercial Banks Cut Deposit Rates
China’s Major Commercial Banks Cut Deposit Rates Again
China’s major commercial banks have cut their deposit rates for a second time this year, a move that could help ease pressure on lenders’ profits after officials lowered mortgage and lending rates as part of efforts to boost the economy.
China cenbank chief flags more interest rate cuts
China's central bank governor said on Friday the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end depending on liquidity conditions, keeping the door open to more policy easing steps.
China’s Mega Banks Trim Deposit Rates as Stimulus Hits Profits
China’s largest state-owned lenders have cut their deposit rates on Friday, their second reduction this year as they rushed to salvage record low margins amid weakened profitability.
19h
on MSN
Bank bosses aren't worried about lower interest rates — and even see some upside
Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and loans in general, as well ...
21h
Mortgage Rates Today, Oct. 17: Median Rate Remains at 6.50%
As of Oct. 17, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year ...
4h
Ticker: Mortgage rates at 2-month high; Universal ups rivalry with Disney
The average rate on a 30-year mortgage in the U.S. rose for the third week in a row, reaching its highest level in eight ...
13h
Rising break-even inflation rates could get Fed to consider no action in November: strategist
Market participants' expectations for future inflation, as measured by break-even rates, could rise by enough for the Federal ...
19h
Auto insurance rates are soaring. Here’s what you can do about it.
The cost of insurance has increased by almost 38 percent since the beginning of 2022, more than double the overall rate of ...
6h
on MSN
Mortgage rates: Which New England state saw the biggest jump?
Two New England states have some of the highest average mortgage rates in the country. Hint: It's not Massachusetts.
Fox Business
4h
Private student loan interest rates trend downward for 10-year loans
10-year fixed rate: 7.61%, down from 7.88% the week before, -0.27 5-year variable rate: 7.49%, up from 7.46% the week before, ...
6h
Hot real estate topics: Rates, high payments, all-cash buyers
Accessory dwelling units: Investors seeking to squeeze more income from their rental properties (and homeowners) are adding ...
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