[Mortgage News Daily] Mortgage Rates

Daily rate index now at 6.87% and many lenders are above 7% on most 30 year fixed loans. “The most recent historical high water market for mortgage rates was "14 years." It was broken so many...

Analysis-Pummelled pound faces long road back as investor confidence shredded

By Tommy Wilkes and Dhara Ranasinghe LONDON - Sterling's slide to record lows leaves it staring at parity with the dollar. Whether or not it hits the symbolic level, investors say Britain's new...

Fed officials stare down market volatility, say inflation remains paramount focus

WASHINGTON -U.S. Federal Reserve officials on Monday sloughed off rising volatility in global markets, from slumping U.S. stocks to currency turbulence abroad, and said their priority remained...

Savings rates climb to levels not seen since 2009. Here's how to get the best return on your money

As interest rates rise, some savings accounts are already paying 3% interest. "We're at levels we haven't seen since 2009," said Greg McBride, chief financial analyst at Bankrate.com. Experts say...

Savings rates climb to levels not seen since 2009. Here's how to get the best return on your money

As interest rates rise, some savings accounts are already paying 3% interest. "We're at levels we haven't seen since 2009," said Greg McBride, chief financial analyst at Bankrate.com. Experts say...

Kami-Kwase, Debt And Despair

Kami-Kwase, Debt And Despair By Jane Foley, Senior FX Strategist at Rabobank The Tory aligned newspaper The Telegraph described the reaction to Friday’s UK budget as ‘hysterical’ and...

Older Americans who are on a fixed income are fighting to survive as interest rates climb higher

America's seniors are facing a lot of hard choices. After the Federal Reserve's latest rate hike, the combination of climbing prices on everything from food to gas to utilities and ever-higher...

Why Morgan Stanley Is Finding Shelter In IG Credit

Why Morgan Stanley Is Finding Shelter In IG Credit By Vishwanath Tirupattur, global head of Quantitative Research at Morgan Stanley It has been an eventful week. The FOMC delivered a...

Here Are The Seven Policy Options To Address The Sterling Crisis

Here Are The Seven Policy Options To Address The Sterling Crisis by Chris Turner, James Smith, & Antoine Bouvet via ING, Sterling has fallen close to 10% on a trade-weighted basis in...

Europe's outlook "darkening, ECB head hedges on recession

FRANKFURT, Germany (AP) — The head of the European Central Bank said Monday that the economic outlook “is darkening” and she expects business activity to “slow substantially” in the coming months...

Larry Summers called it again on the collapse of the British pound. Here’s how much worse it could get, analysts say

The British pound crashed to an all-time low below $1.05 during early trade on Monday. The currency had already fallen to a 37-year low earlier this month. New Finance Minister Kwasi Kwarteng...

Blain: The UK's Monumental Policy Mistake

Blain: The UK's Monumental Policy Mistake - How Bad Will It Get? Authored by Bill Blain via MorningPorridge.com, “This is the man who bet it all on Red and it came up Black…” What a...

“Global Gloom": World Markets Plunge To Start The Week As Global Currency Crash Hits Max Pain And Beyond

“Global Gloom": World Markets Plunge To Start The Week As Global Currency Crash Hits Max Pain And Beyond The rout which hammered stocks on Friday, nearly pushing them to close at a...

Here’s what you need to know before Tadawul trading on Monday

Mon, 2022-09-26 09:43 RIYADH: Saudi stocks started and ended sharply lower on Sunday, in response to the Saudi Central Bank raising interest rates in line with Fed's steep rate hike and forecast...

Marketmind: Pounded

A look at the day ahead in European and global markets from Tom Westbrook Sterling's freefall extended to new lows on Monday as investors emphatically reject British finance minister Kwasi...

Thai central bank to go for another modest 25 bps hike on Wednesday: Reuters poll

By Anant Chandak BENGALURU - The Bank of Thailand will deliver another 25 basis-point rate hike on Wednesday, its second in a row, even as many of its peers opt for larger increases to fight high...

Dow hits bear market as stock selloff goes from bad to worse

Stock investors needed a strong stomach after equity markets got another shellacking during the week as fears over a full-blown recession accelerate. The Dow Jones Industrial Average on Friday...

Is the Worst Behind Bitcoin? Glassnode Co-Founders Look at State of BTC After Another Fed Rate Hike

The creators of one of the top on-chain analytics firms in the crypto space are weighing in on Bitcoin (BTC) after the Federal Reserve issued another interest rate hike. In Glassnode’s latest...

Brace yourself: The Fed will inflict 'some pain' with its 75-basis-point rate hike. Here's how to protect your...

After the Fed's 75-basis-point rate hike, here's how to protect your wallet and your portfolio. After the Fed’s 75- Basis-Point rate hike,. here’S how to protection your wallet. and your...

Analysts divided about TASI direction after it starts the week down 2.61%

Sun, 2022-09-25 16:06 RIYADH: Saudi stocks started and ended sharply lower on Sunday, in response to the Saudi Central Bank raising interest rates in line with the Fed's steep rate hike and...

Top 5 Things to Watch in Markets in the Week Ahead

By Noreen Burke Investing.com -- After a week that saw financial markets rocked as central banks and governments ramped up their fight against inflation, investors will be bracing themselves for...

As Fed fights inflation, recession fears grow

The smartest insight and analysis, from all perspectives, rounded up from around the web: "Investing lesson of the week," said The Wall Street Journal in an editorial: "Never trust a politician."...

Brace yourself: The Fed will inflict 'some pain' with its 75-basis-point rate hike. Here's how to protect your...

After the Fed's 75-basis-point rate hike, here's how to protect your wallet and your portfolio. After the Fed’s 75- Basis-Point rate hike,. here’S how to protection your wallet. and your...

Federal Reserve May Have Gone Too Far As S&P 500 Tests Bear Market Low

The Federal Reserve was so worried about not being hawkish enough that policymakers probably went overboard. The barrage has spiked Treasury yields to their highest level in more than a decade and...

"Have They Gone Completely Mad?" They Know That They Are Killing The Economy, But They Are Doing It Anyway

"Have They Gone Completely Mad?" They Know That They Are Killing The Economy, But They Are Doing It Anyway Authored by Michael Snyder via The Economic Collapse Blog, They know exactly...

This week in Bidenomics: Buckle up for a hard landing

The Federal Reserve raised interest rates by three-quarters of a percentage point on Sept. 21. The U.S. economy is now more like a frenemy than a friend, says CNN's John Sutter. Sutter: The Fed's...

Wall St Week Ahead Investors wonder when vicious sell-off in U.S. stocks will end

The S&P 500 is down more than 22% this year. Wall Street banks are adjusting their forecasts to account for a Federal Reserve that shows no evidence of letting up. The Fed signaled more tightening...

Investors wonder when vicious sell-off in U.S. stocks will end

By David Randall NEW YORK -A week of heavy selling has rocked U.S. stocks and bonds, and many investors are bracing for more pain ahead. Wall Street banks are adjusting their forecasts to account...

Dow drops nearly 500 points to close at new low for 2022

The Dow Jones Industrial Average tumbled 486.27 points, or 1.62%, to 29,590.41. The S&P 500 slid 1.72% to 3,693.23, while the Nasdaq Composite dropped 1.8% to 10,867.93. All the major averages...

What Investors Should Do After the Fed Meeting

The Fed raised the federal-funds rate by 0.75% for an unprecedented third-straight meeting. The Fed's fight against inflation means investors need to keep their seat belts buckled. Fresh losses in...

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