Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

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In Japan, interest rates are set by the Bank of Japan's Policy Board in its Monetary Policy Meetings. The BoJ's official interest rate is the discount rate. Monetary Policy Meetings produce a ...

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Friday, Nov. 1, 2024. (AP Photo/Nam Y. Huh) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly ...

Mortgage rates rose above 7% for the first time since mid-2024, an early setback for a housing market that is coming off two consecutive years of poor sales. The average rate on the standard 30 ...

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In a first, the Reserve Bank of India (RBI) has announced that it will conduct daily variable rate repo (VRR) auctions on all working days in Mumbai, until further notice. Illustration ...

The WACR stood at 6.45% on Wednesday, from 6.36% the previous day. Additionally, the Mumbai Interbank Offered Rate (MIBOR), the benchmark for interbank lending, was around 7% last week, having ...

There are still decent savings rates available that pay way above inflation, despite the Bank of England slowly cutting interest rates. At the time of writing, the top cash ISA pays more than most ...

The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and anaemic economic growth. Economic output expanded by just 0.1 per cent ...