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HIGH MORTGAGE INTEREST RATES
Gold extends losses, falls to nearly Rs 1.54 lakh/10 gm. Time to buy?Gold prices slipped on the MCX but edged higher internationally as easing Treasury yields supported demand. However, rising oil prices and ...
US housing market weakens as AI boom drives factory outputUS housing activity weakened sharply in July, with single-family homebuilding hitting a more than three-and-a-half-year low as high mortgag...
US single-family housing starts slide in JulyThe U.S. witnessed a notable decline in single-family homebuilding last month, primarily due to elevated mortgage rates. An increase in uns...
Bond markets from US to Japan whacked as inflation and fiscal worries take holdGlobal borrowing costs are hitting multi-decade highs again as inflation fears rise. The United States has seen its 30-year Treasury yields...
US Stock Market | Fed policy may be accommodative under medium-term neutral rate estimate: ReportsA San Francisco Fed research paper suggests that US monetary policy may be more accommodative than commonly assessed when measured against ...
Yen edges up as traders push back Fed rate hike betsThe yen slightly appreciated against the dollar, seemingly unfazed by disappointing Japanese GDP results. Market participants have begun to...
Bonds face a bigger threat than the Fed as global rates climbAs central banks worldwide, notably in Japan, Canada, and the euro zone, signal plans for sharper interest rate increases than the US, glob...
Govt in talks with banks to cut Kisan Credit Card interest subvention by 50 basis pointsThe government is discussing a 50 basis point reduction in interest subvention for Kisan Credit Card loans. This move aims to align subsidi...
US Economy: Inflation eases but prices remain high, retail sales fall, jobless claims riseInflation eased last month, but prices remain elevated for American consumers. Retail spending decreased sharply, surprising economists and...
Gold rises on weaker dollar as inflation data cements rate-hold betsOn Friday, gold prices moved upward, signaling a positive outlook for the week. The precious metal received a boost from a weaker dollar an...
Global Market | Bank of Japan could raise rates in September, eye faster hikes: ReportsThe Bank of Japan is contemplating a potential increase in interest rates, likely as soon as September. This decision stems from concerns r...
Hidden risks of FCNR (B) deposit investment and leverage: Why high interest rates may not tell the full storyFCNR(B) deposits have become attractive to investors looking for significant returns in US dollars, largely thanks to government hedging st...
RBI issues directions on fixed, floating rate loans: What changes for home, personal, MSME loans and existing borrowersThe Reserve Bank of India has proposed a new framework for loan interest rates. This framework aims to bring more uniformity and transparen...
RBI invites public comments on draft rules to standardise how lenders set interest ratesThe Reserve Bank of India has proposed new rules for loan interest rates. These directions aim to harmonize lending practices across variou...
US yield curve twists expose Trump's and Bessent's rate dilemmaU.S. bond yields are surging to unprecedented levels, putting the Trump administration in a tough spot. While President Trump pushes for lo...
Global Markets Today: Asian stocks mixed, oil extends gainsAsian markets showed cautious optimism as crude oil prices experienced slight increases, with eyes on potential agreements in the Middle Ea...
US existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyersExisting home sales in the United States saw a slight decrease during July. Record high prices and increasing mortgage rates are impacting ...
Highest FCNR (B) FD interest rates for NRIs: PNB offers 6.50%, compare SBI, HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank rates
Student loans, GoI reading this rightIn a groundbreaking move, the government is set to double education loan disbursals across the country, enabling greater access to higher e...
Mortgage rates hit highest level in over a year. Here's what it means for homebuyers in the USUS mortgage rates have climbed for five consecutive weeks, reaching a yearly high. This trend makes homeownership increasingly difficult fo...