Browsing Tag
Rates
18 posts
IMF sees high rates, oil prices and inflation worries in Middle East
© Reuters. FILE PHOTO: A Saudi woman wearing protective gloves shops at a supermarket, following the outbreak of the coronavirus disease (COVID-19), in Riyadh, Saudi Arabia May 11, 2020. REUTERS/Ahmed Yosri WASHINGTON (Reuters) - Banks in the Middle East and Central Asia have very limited exposure to last month's banking turmoil in the United States
Mortgage Rates for April 4, 2023: Rates Fall
A variety of key mortgage rates sank over the last seven days. The average interest rates for both 15-year fixed and 30-year fixed mortgages fell, the latter more sharply. At the same time, average rates for 5/1 adjustable-rate mortgages increased very slightly. The Federal Reserve announced a 25-basis point increase to its benchmark short-term interest
Current Refinance Rates on April 4, 2023: Rates Decline
Both 15-year fixed and 30-year fixed refinances saw their mean rates sink slightly over the last seven days. The average rate on 10-year fixed refinance also slumped.Amid its ongoing battle to fight inflation, the Federal Reserve announced a 0.25% hike to its target federal funds rate on March 22. Refinance rates, like mortgage rates, fluctuate
Rising rates, new legal duty on mortgage brokers to increase churn
“The one thing that is different from the last interest rise cycle is the level of broker engagement with customers is now 70 per cent, and the fact we now have the best interest duty.”AFG’s brokers have around $36 billion of fixed rate loans expiring over the next three years. All banks are concerned about
UK rates of nearsightedness have increased significantly over time, study finds
Changing environmental factors as well as changing gene-environment interactions could be to blame for increasing rates of myopia, also known as nearsightedness or shortsightedness, over time, suggests a new study published this week in the open-access journal PLOS ONE by Jugnoo Rahi of University College London, and other members of the UK Biobank Eye and…
Mortgage Rates Hit Highest Level Since March 2020
Mortgage rates in the U.S. have hit the highest level since March of 2020. The average rate for a 30-year fixed-rate loan was 3.45% for the week ended Thursday, up from 3.22% a week ago, per the Wall Street Journal. Expectations that the Federal Reserve will raise interest rates multiple times this year are driving…
Rape conviction rates are "disgracefully low", Policing Minister Kit Malthouse has admitted, as he acknowledged that "there is a problem" with violence against women and girls.Speaking ahead of Home Secretary Priti Patel's conference speech on Tuesday morning, Kit Malthouse told Sky News the government will "redouble our efforts" to make public spaces safer for women.…
Suicide Rates Rise in a Generation of Black Youth
Multiple causes underlie a disturbing trend. The increase for girls is more than double that for boys Credit: Svetlana Larshina Getty Images Suicide is a devastating problem among Black youth, and researchers and mental health professionals are desperate to understand why and how best to address it. A 2018 study found, for instance, that Black…