Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...
The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and anaemic economic growth. Economic output expanded by just 0.1 per cent ...
Source: Freddie Mac By The New York Times By Danielle Kaye The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on Thursday ...
How embarrassing would it be for the Federal Reserve to raise rates this year? Could it admit that its aggressive rate reductions last year, including a cut as recently as last month, were a ...
JAKARTA, Jan 15 (Reuters) - Indonesia's central bank unexpectedly cut policy rates on Wednesday, resuming its monetary easing to prop up growth in Southeast Asia's largest economy despite ...