This important benchmark rate just spiked — are your loans next?
When the price of debt rises, Wall Street gets nervous about the economic repercussions......»»
China markets split on outcome of LPR lending benchmark in January
China's financial markets are nearly evenly divided over whether the benchmark lending rate will be lowered or kept steady next Monday, a survey of participants showed, after the central bank kept rates on medium-term loans unchanged this week......»»
Five things you need to know today, and where I won’t be this Saturday
Good morning, everyone. Here are the five most important things you need to know to get your busy day started. Fed holds rates steady The Federal Reserve held the benchmark interest rate steady yesterday and signaled it was unlikely to raise it so.....»»
Major U.S. banks lower benchmark interest rates following Fed rate cut
Major U.S. banks lowered their benchmark rates for a wide range of consumer and commercial loans on Wednesday, following a rate cut from the Federal Reserve......»»
The Fed: Libor, the most important number in finance, gets a second chance at life
Libor, the benchmark interest rates for adjustable rate mortgages, was supposed to go away at the end of 2021. Now maybe it won’t.....»»
Win From Rising Rates With These 4 ETF Strategies
5 ETF strategies to stave off the rising rate risks. The 10-year benchmark U.S. Treasury yield spiked to 3% on Apr 24 for the first time since J.....»»
Outside the Box: How the end of this key borrowing rate could impact mortgages and other loans
The U.S. replacement for variable-loan benchmark Libor looks promising for consumers......»»
Economic Report: Mortgage rates seesaw higher
Rates for home loans were mixed, with the benchmark 30-year fixed-rate mortgage up just one basis point from multi-month lows, as housing sputters and the bond market reflects investor anxiety......»»
No Fear of Fed Rate Hike
No US economists believe the Federal Reserve will raise the all-important benchmark interest rate on Thursday but they are watching closely for any signals about how concer.....»»
Macro Guru Raoul Pal Says Fresh GameStop-Led Meme Stock Frenzy Has Nothing To Do With Interest Rates: "Clock Is Ticking On The 25-40-Year-Olds"
The Fed funds rate, a key benchmark impacting borrowing costs, currently sits at a 22-year high of 5.25%-5.50%. read more.....»»
Why the FED Should Be Already Cutting
The Fed held its benchmark Federal-Funds rate steady yesterday at 5.25% – 5.5%, leav.....»»
Student loan refinance rates tumble for 5-year variable-rate loans
The latest trends in interest rates.....»»
C2FO partners with Marcus by Goldman Sachs to provide unsecured small business loans
Leawood-based C2FO plans to start offering unsecured, low fixed-rate loans of $10,000 to $1 million to small and midsize businesses this summer......»»
Student-loan borrowers are battling for relief even after Biden"s administration canceled $2.3 billion: "We were taken advantage of"
One borrower said Trump's Education Department forgave his federal loans, but at a 0% rate. He's waiting to hear from the Biden a.....»»
JPMorgan profit surges as bank releases cash set aside for bad loans
JPMorgan Chase & Co. reported first-quarter profit spiked nearly 400% after the bank released cash that had been set aside to cover bad loans......»»
Fed expects to keep its key rate near zero through 2023
The Federal Reserve foresees the economy accelerating quickly this year but still expects to keep its benchmark interest rate pinned near zero through 2023, despite concerns in financial markets about pot.....»»
Goldman Sachs raises 10-year Treasury yield target to 1.90%
Goldman Sachs on Thursday raised its Treasury yield target, forecasting the 10-year note rate to hit 1.90% by the end of the year amid a quickening bond-market selloff. The benchmark maturity is up 6.6.....»»
Here Are The Stocks With The Highest Short Interest Rate This Week: GameStop, Academy Sports
It's important for investors to pay attention to the most heavily shorted stocks on the market. read more.....»»
10-year Treasury rate briefly passes S&P 500 dividend yield
Benchmark Treasury yields on Thursday briefly broke through a key line in the sand that investors say could start to pre.....»»
Record low mortgage rates may be ending; 30-year rises to 2.79%
Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year fixed-rate home loan jumped to 2.79% from 2.65% la.....»»
Your Savings Rate Matters
One of the biggest misconceptions is that you need a high income to achieve financial independence. Your savings rate is much more important than absolute dollars earned. Your savings rate is determined by di.....»»