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 ...

A fixed deposit (FD) allows a person to invest an amount of money at a set interest rate for a predetermined amount of time, ranging from seven days to ten years. According to the DCB Bank website, ...

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 ...

The probability of near term cuts dropped, and the expected longer-term policy rate increased to around 3% (up from 2.8% previously). And, in response, 10-year yields soared to 4.80%. Until the ...

Mortgage rates tend to track the yield on 10-year Treasury bonds, which has risen in recent months in response to a string of strong economic data, persistent inflation and a potential rise in ...

Next week could provide some more clarity after Trump takes office and Canada outlines its response, but most acknowledged it was difficult to forecast rates beyond the upcoming meeting.

The India Meteorological Department is “a symbol of India’s scientific journey ... The timely forecast by IMD and humanitarian response ahead of its landfall near Myanmar and Bangladesh ...

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 ...

The truck first appeared on the campaign trail last October in Green Bay, Wisconsin, as a political stunt in response to comments ... The garbage truck became a symbol of the heated election ...

In particular, the Federal Reserve had been buying billions of dollars of bonds in response to the pandemic's economic pressures. This bond-buying policy is a major influencer of mortgage rates.

Closing out the year on a positive note, mortgage rates fell by a full percentage point after the Federal Reserve delivered three consecutive rate cuts. The moves dropped the federal funds rate ...