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HOW MORTGAGE RATE DROPS AFFECT BUYERS
Why did market rise today? Sensex gains 520 points, Nifty closes above 24,400. 6 key factorsIndian stock markets surged for a fourth straight day, driven by renewed monsoon hopes following heavy rainfall and a return of foreign ins...- E20 shift must not leave drivers behindThe government's rollout of E20 petrol, while extensively consulted, lacked clear communication to vehicle buyers, fueling misinformation. ...
- A little more conversation: Greater transparency is key to better monetary policy transmission and central bank accountabilityThe US Federal Reserve's shift towards less transparent monetary policy communication under Chair Kevin Warsh has sparked debate. While the...
- AI capex cycle likely to end with market pushback, not spending cuts: JefferiesGlobal brokerage Jefferies suggests the AI investment boom might falter not due to tech giants cutting spending, but investor impatience fo...
- US construction spending inches up in May, but homebuilding weakIn May, US construction spending edged up by a mere 0.1%, influenced by increased mortgage rates partly due to tensions in the Middle East....
- Gold faces key test from geopolitics and rates after a turbulent first half: World Gold CouncilGold experienced a dramatic swing this year, hitting record highs before a sharp decline, yet remains a strong performer. Geopolitical tens...
- Cut GST on smartphones below Rs 25,000 to 5%: GT Bharat-PWIF reportA new whitepaper suggests a significant GST reduction on smartphones under Rs 25,000 to 5%, while retaining 18% for pricier models. This mo...
- Mortgage refinance rates today: Check current mortgage interest rates for 30-year, 20-year, 15-year, 10-yearMortgage interest rates today: It averaged 6.49 per cent last week. Spending on multi-family housing units, which account for a small share...
- Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold slips as Treasury yields and rate hike expectations increaseGold and silver prices declined as U.S. Treasury yields moved higher and expectations of another Federal Reserve interest rate hike increas...
- Euro zone inflation falls more than expected, adding to ECB case for patienceEuro zone inflation dropped significantly in June, falling to 2.8% and easing pressure on the European Central Bank to hike interest rates ...
- Global Market: Australian shares start new financial year lower as banks drag; miners limit lossesAustralian shares kicked off the new financial year on a downbeat note, with banks leading the decline following disappointing housing pric...
- Timeless proverb of the day: ‘A drop of love is higher than an ocean of mind’ - An age-old wisdom on why matters of the heart can overpower logicPure affection possesses a power that logic cannot match, instantly quieting an overthinking mind. While we often rely on intellect, genuin...
- Bitcoin falls to 21-month low on Strategy, rate-hike fearsBitcoin has plunged to a 21-month low, driven by anticipated interest rate hikes and worries over a major corporate buyer's shifting strate...
- Meerut boy missed IIT admission by just 2 marks, self-studied on YouTube, became a scientist at ISROA Meerut youth, Sanket Kumar, transformed a two-mark JEE Advanced miss into a stellar ISRO career. Undeterred by the 2021 setback, he self-...
- US Supreme Court rejects Trump's unprecedented bid to fire Fed's CookThe Supreme Court has taken a significant stand for the Federal Reserve's independence, rejecting President Trump's unusual effort to remov...
- India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...
- Why clean land records are key to India's property marketStates are rapidly digitizing land records to streamline India's complex property market. This move aims to curb disputes, speed up transac...
- US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...
- Former US Fed chairman Alan Greenspan passes away at 100Alan Greenspan, former US Federal Reserve chief, has passed away at 100. He steered the American economy through significant events like th...
- Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher ratesNew Federal Reserve Chair Kevin Warsh is significantly reducing the central bank's communication, particularly "forward guidance" on intere...
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