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Mortgage rates continue to climb despite cuts by Fed

5 weeks after the Fed cut rates, banks still want your cash — and they're paying to get more of it

The Fed cut rates five weeks ago, but banks are still paying high interest rates on high-yield savings accounts and combo checking/savings offers.

Yahoo · 2d

Mortgage rates continue to climb despite cuts by the Fed: Here’s why

Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.

New York Post · 2d

Mortgage rates jump, slamming homebuyers despite Fed’s outsize interest rate cuts

The average 30-year fixed mortgage rate has increased for the third week in a row to 6.5%, according to Freddie Mac. That rate is a quarter-point higher than it was two weeks ago.

ConsumerAffairs · 3d

Here's why mortgage rates are going up

What’s wrong with this picture,” prospective homebuyers may be asking. The Federal Reserve cut interest rates by .50% but mortgage rates have risen for th

China Cuts Benchmark Lending Rates

The Wall Street Journal on MSN · 8h

China Cuts Benchmark Lending Rates as Easing Push to Boost Economy Continues

China’s commercial lenders cut their benchmark lending rates in a highly anticipated move as policymakers intensify efforts to boost the ailing economy.

Reuters on MSN · 19h

China cuts key lending rates to support growth

China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy.

The Financial Times · 15h

China cuts interest rates in battle to hit year-end growth target

China unveiled some of its biggest cuts to benchmark lending rates in years as the government stepped up efforts to reboot the economy and hit its year-end target of about 5 per cent GDP growth. The People’s Bank of China said on Monday that the country’s one-year loan prime rate would be reduced to 3.

BofA Extends Guaranteed FX Rates Up

Reuters on MSN · 19h

BofA extends guaranteed FX rate window to a year

Bank of America on Monday extended its guaranteed exchange rates by up to one year, the longest tenor in the industry, in an effort to reduce the risks to cross-currency transactions amid rising volumes.

Business Insider · 8h

Bank of America extends guaranteed FX rates up to one year

Bank of America (BAC) is simplifying the management of foreign exchange, or FX, risk associated with cross-currency payments and receipts with

Asian Banking & Finance on MSN · 6h

BofA launches guaranteed FX rates with up to a 1-year tenor

The 1-year tenor is available in 37 currency pairs. Bank of America (BofA) has introduced guaranteed FX rates of up to 1-year. Touted as the longest tenor available in the industry, the year-long FX rates are aimed at simplifying the management of FX risk associated with cross-currency payments and receipts,

ECB, Simkus and interest rate

Bloomberg L.P. · 13h

ECB’s Simkus Says It’s Clear That Rates Will Be Lowered Further

European Central Bank Governing Council member Gediminas Simkus said borrowing costs will be reduced further should the downtrend in inflation persist, though he wouldn’t predict the outcome of officials’ next meeting.

Business Insider · 8h

ECB's Simkus Says Rates To Go Lower If Inflation Slows Further

The European Central Bank could cut interest rates further if inflation continues to slow and the economy remains sluggish, Governing

Reuters on MSN · 13h

ECB's Simkus says rates may need to go below 'natural' level

The European Central Bank is likely to cut its key interest rate down to its "natural" level between 2% and 3% but it may need to reduce it even further if a fall in inflation becomes entrenched, ECB policymaker Gediminas Simkus said on Monday.

Today’s 30-year mortgage interest rates hold at 6.63%, while 15-year mortgage rates fall to 5.75%

The median interest rate on a 30-year fixed-rate mortgage is 6.63% as of October 21, which is unchanged from Friday.

30-Year Mortgage Rates Continue Wavering in Mid-6% Range

Rates on 30-year new purchase loans have been bobbing around the 6.5% mark for two weeks, and ended last week essentially ...

Get the latest personal loan rates today

Personal loan amounts can range from a few hundred dollars to as much as $100,000 (or more). They typically have repayment ...

3hon MSN

How much does a $70,000 HELOC cost per month now that rates have dropped?

A borrowing product with a variable interest rate can be risky in an environment in which interest rates are volatile or on ...

Mortgage Refinance Rates Inch Up, Approaching 2-Month High

With a slight increase Friday, 30-year mortgage refi rates are near their highest level in two months, after hitting a ...

Try this higher-interest, lower-tax alternative to CDs while rates are still high

If you're considering investing in a CD, you might look at this other cash equivalent instead.

10h

Mortgage Rates Today, Oct. 21: Median Rate Remains 6.63%

As of Oct. 21, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year ...

3hon MSN

Infants died at higher rates after abortion bans in the US, research shows

In the year and a half following the Supreme Court Dobbs decision that revoked the federal right to an abortion, hundreds ...

2hon MSN

Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – as it happened

Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of ...

1don MSN

The Most Important Thing to Know About CD Interest Rates Right Now

Should you invest in CDs? CD rates currently outpace inflation, offering a safe, steady return. Here's why you should ...

5hon MSN

Here's how interest rates impact gold prices

Ongoing conflicts around the world are significantly impacting gold's value, sometimes overshadowing the effect of interest ...

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