News

Veteran fund manager drops bold July Fed interest rate prediction after jobs shocker
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...
Average long-term US mortgage rate falls to 6.67%, the lowest level since early April
The average rate on a 30-year mortgage has remained relatively close to its high so far this year of just above 7%, set in ...
Mortgage refinance demand surges as interest rates drop further
“Rates typically move higher if job openings are higher than expected, all else equal,” wrote Matthew Graham, chief operating ...
Mortgage Interest Rates Today: Mortgage Rates Retreat Again After Fed Chair’s Congressional Testimony
The average rate on 30-year fixed home loans from Freddie Mac decreased again to 6.77% for the week ending June 26.
China’s central bank seeks European lenders’ advice on low interest rates
China’s central bank has asked European financial institutions for advice on dealing with the effects of low interest rates, ...
US Treasury chief says he thinks Fed could lower interest rates by September
U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...
MoneyWeek12h
NS&I cuts interest rates on 7 savings products – full list of changes
The cut means NS&I’s savings bonds are far less competitive than other fixed term bonds on the market. We look at what’s ...
Would-be Home Buyers Are Deterred by Interest Rates. Explore Your Options.
Most potential home buyers know the basics. You can secure a lower interest rate by improving your credit score, making a ...
RBNZ to Hold Rates at 3.25% on July 9 but Cut Once More This Year: Reuters Poll
A majority of economists, 19 of 27, in a June 30-July 3 Reuters poll expected the RBNZ to hold its official cash rate at 3.25 ...