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Mortgage costs rise despite interest rate cut
Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.Top stories - BBC News - 2 hours ago -
Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds
Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.Business - CNBC - November 1 -
Should you lock in a mortgage rate after the November rate cut? Experts weigh in
Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.Top stories - CBS News - November 5 -
What will happen to home equity loan rates after this week's Fed rate cut?
Another Fed rate cut is expected this week. Here's what that could mean for home equity loan rates.Top stories - CBS News - November 5 -
Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts
With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.Business - CNBC - November 7 -
Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win
Mortgage applications rose 0.5% in the past week, the Mortgage Bankers Association said.Business - MarketWatch - 2 days ago -
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates stand near a record high.Top stories - ABC News - Yesterday -
US economic growth is strong — so why cut rates?
Only borrowers such as struggling commercial property and debt-laden zombie companies will benefitWorld - Financial Times - October 17 -
ECB Cuts Interest Rates Again as Eurozone Inflation Slows
Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.Business - The New York Times - October 17 -
European Central Bank, seeing no signs of recession, cuts interest rates again
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after ...World - ABC News - October 17 -
When will home equity loan interest rates fall again?
Home equity loan interest rates are on the decline. But when, precisely, will they fall again? Here's what to know.Top stories - CBS News - October 17 -
‘A disappointment to home buyers’: Mortgage rates surge to a two-month high
The 30-year mortgage rate is averaging 6.44%, Freddie Mac said in its latest weekly survey on Thursday.Business - MarketWatch - October 17 -
ECB cuts interest rates to support flagging eurozone economy
Fall in inflation enables central bank to bring in quarter point cut to 3.25% after business and consumer slowdown. Business live – latest updates The European Central Bank has intervened to ...World - The Guardian - October 17 -
Yahya Sinwar: the ruthless architect of Hamas’s October 7 attack
Fugitive militant who spent decades in jail has been killed in GazaBusiness - Financial Times - October 17 -
Trump hawks merchandise as White House race enters final stretch
Republican candidate cashes in on fame to sell pieces of his suits, branded jewellery and footwear and his imageBusiness - Financial Times - October 17 -
Top Trump economic adviser says big Fed rate cut was justified
Kevin Hassett is contender to replace Jay Powell as US central bank chair if Republican wins electionBusiness - Financial Times - October 18 -
The Fed Looks Like It Made a Mistake With Its Jumbo Rate Cut
Strong economic data and a still-hot economy has made some experts wonder whether the central bank made the right call with its jumbo rate cut.Business - Inc. - October 18 -
Weight-loss drugs could be key in lowering US obesity rates – experts
Medications like Ozempic ‘transformed’ diabetes care because they improved health outcomes, say experts. Obesity rates have decreased slightly in the US and while it’s too early to say whether the ...World - The Guardian - October 18 -
How much will a $75,000 HELOC cost per month now that rates are falling?
A $75,000 HELOC has inexpensive monthly payments now, and they could become even cheaper in the months to come.Top stories - CBS News - October 18 -
Yen resumes decline on doubts over Japan interest rate rises
Currency sinks below ¥150 against US dollar for first time since August surgeWorld - Financial Times - October 19 -
Back-to-back rate cuts no indication of future ECB policy, governor says
Slovenian central bank chief Boštjan Vasle argues central bank needs flexibility to respond to signs of persistent inflationWorld - Financial Times - October 20 -
Top UK law firms raise hourly rates by 40% in five years
Inflation and growth of US firms in London push up charges at British counterparts, according to PwC surveyBusiness - Financial Times - October 20 -
China cuts benchmark lending rates by 25 basis points
The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.Business - CNBC - October 21 -
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China cuts interest rates in battle to hit year-end growth target
Beijing steps up efforts to reboot economy amid mounting pressure to achieve goal of about 5% growthWorld - Financial Times - October 21 -
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Cargo On-Time Rates Are Dismal. Two Shipowners Have a Plan to Fix That.
In a new alliance, Maersk and Hapag-Lloyd are aiming to cut docking costs and improve on-time performance.Business - The Wall Street Journal - October 20 -
Car-Insurance Rate Hikes Were Easing. Then Came the Hurricanes.
Storms could push up insurance costs for vehicle owners in hurricane-prone areas.Business - The Wall Street Journal - October 19 -
Is a fixed-rate HELOC worth it now? Here's what some experts think.
Fixed-rate HELOCs are a good option for many homeowners — but consider the current rate environment beforehand.Top stories - CBS News - October 21 -
2 States to Vote on Lower Minimum Wage Rate for Tipped Workers
Massachusetts and Arizona plan ballot measures that could eliminate the subminimum wage paid to many workers in the restaurant and hospitality industries.Business - Inc. - October 21
