Mortgage Rates Rise
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Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will rates drop? The interest rate environment has remained elevated across various lending products,
Tennessee announces a new maximum effective interest rate of 11.50% for loans, reflecting a 4% increase over the current prime rate, as reported by the state's Department of Financial Institutions.
CNBC's "Closing Bell" team discusses what to expect from upcoming bank earnings with Stephen Biggar, director of financial services research at Argus Research.
New Zealand’s savings, borrowing and investment behaviour is likely to change as its population ages, affecting interest rates, asset prices and demand for financial products, New Zealand’s central bank said in a report released on Tuesday.
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The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt. Is that fight?
If you’ve been putting off a big purchase because you’re waiting for interest rates to drop back down to pandemic-era lows, you might want to reset your expectations. A new study finds that the probability of the Fed dropping rates to zero again is extremely low.
Financial markets are betting the Federal Reserve sticks to its "wait and see" approach to interest rates this summer, but that by September it will have waited and seen enough to start cutting borrowing costs.
Three of the four largest banks in the U.S. together reported a mixed picture of how much money they made from interest income during the second quarter. Here were the numbers compared with the second quarter of 2024: JPMorgan Chase: $23.