News

What homebuyers should do before rate cuts, according to mortgage experts
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will ...
Behaviour of aging New Zealanders to impact interest rates, asset prices, RBNZ says
New Zealand’s savings, borrowing and investment behaviour is likely to change as its population ages, affecting interest ...
The Scoop On Deducting Interest On Your Car Loan
A new federal law has cracked open the door for car buyers to deduct interest on auto loans for the first time in decades, ...
Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...
Trump says U.S. interest rate is at least 3 points too high
WASHINGTON, July 9 (Reuters) - U.S. President Donald Trump on Wednesday called on the Federal Reserve to lower the federal ...
Waiting for 0% Interest Rates? Don’t Hold Your Breath
If you’ve been putting off a big purchase because you’re waiting for interest rates to drop back down to pandemic-era lows, you might want to reset your expectations. A new study finds that the ...
How Interest Rates Are Helping—and Crimping—Banks’ Revenue
Three of the four largest banks in the U.S. together reported a mixed picture of how much money they made from interest ...
Inflation Crushes Hopes That Federal Reserve Will Cut Interest Rates in July
Key Takeaways Inflation rose in June, moving further from the Federal Reserve's goal of 2% each year.This flare of inflation ...