(Bloomberg) — Federal Reserve Bank of St. Louis President James Bullard said financial markets are underestimating the chances that policymakers will need to be more aggressive next year in rais...
Tag: Rates
Bear Market Enters Longer Than Average Territory And Interest Rates Put Breaks On Housing Market
dpa/picture alliance via Getty Images TL;DR The current bear market is now officially longer than average, with it now being over a month since the average of 9.6 months was surpassed Property values ...
A brief ‘window of opportunity’ is now open for homebuyers as mortgage rates fall, but experts warn of a ‘longer term war that is not yet over’
A brief ‘window of opportunity’ is now open for homebuyers as mortgage rates fall, but experts warn of a ‘longer term war that is not yet over’ While turkey and pies were significantly more expensive ...
KyberSwap Brings its swap rates on Solana with aggregator launch
By launching its aggregator on Solana, KyberSwap has expanded its DeFi presence. The integration would enable the platform to provide swap rates on Solana in a secure and user-friendly manner. This ne...
Fed’s George Says Higher US Savings May Also Mean Higher Rates Needed
(Bloomberg) — Kansas City Federal Reserve Bank President Esther George said ample US savings will help to buffer households but could also mean higher interest rates are needed to cool spending....
Mortgage demand rises as interest rates decline slightly
A home, available for sale, is shown on August 12, 2021 in Houston, Texas. Brandon Bell | Getty Images Mortgage applications rose 2.2% last week compared with the previous week, prompted by a slight d...
Fed May Lift Interest Rates to 8%-9%, Economist Says
The big question raging through financial markets is how much more the Federal Reserve will raise interest rates. Since it began its rate-hike campaign in March, the Fed has lifted the federal funds r...
Mortgage rates just took the biggest plunge since 1981 — but analysts say the market is ‘not out of the woods yet’
Mortgage rates just took the biggest plunge since 1981 — but analysts say the market is ‘not out of the woods yet’ Mortgage rates tumbled by their biggest weekly drop in four decades after new data su...
Wall Street Economists Split on Whether Fed Cuts Rates in 2023
(Bloomberg) — Wall Street’s biggest banks agree the Federal Reserve will hike US interest rates further into next year, but are at odds over how high it will take them and whether it will be cut...
Higher Rates Mean “Bonds Are Back,” JPMorgan’s Michele Says
(Bloomberg) — Investors are finding value in bonds for the first time in a decade as higher interest rates make fixed-income attractive, according to JPMorgan Chase & Co.’s Bob Michele. Most...
How to afford a mortgage as interest rates and home prices rise
It’s no secret that it’s a tough market for prospective home buyers. In October, U.S. buyers needed to earn $107,281 to afford the median monthly mortgage payment of $2,682 for a “ty...
Why Did Mortgage Rates Suddenly Drop?
| Getty Images Key Takeaways Rates for 30-year fixed rate mortgages dropped below 7% the first week of November. Rates have been moving higher for most of 2022, rising from around 3% to over 7%. More ...
Gemini Dollar Lending Rates Spiked as High as 73% on Aave Amid Genesis Freeze
Gemini Dollar lending rates on decentralized finance (DeFi) lending protocol Aave soared as high as 73% on Wednesday after Gemini announced that withdrawals from its Earn product may be delayed due to...
Circle drops Yield rates to 0%
Circle, the company that runs and issues USDC has dropped their Circle Yield product APY rate to 0%. Back in June I wrote about my anxieties around Circle. Oh hey, what’s that? Genesis and its y...
The best CD rates for November 2022
When it comes to building up your savings, where you put your funds is half the battle. A certificate of deposit (CD) is one of many types of savings vehicles you can consider. Commonly offered by ban...
GUSD Borrow Rates Spike From Brief Hysteria
Borrowing rates of Gemini’s stablecoin GUSD jumped to upwards of 83% on decentralized lending platform Aave on Wednesday morning after the centralized exchange announced that it would be halting the G...
Fed’s Daly sees rates rising at least another percentage point as ‘pausing is off the table’
San Francisco Federal Reserve President Mary Daly said Wednesday she expects the central bank to raise interest rates at least another percentage point, and possibly more, before it can pause to evalu...
Sharp drop in mortgage rates does little to boost demand
A home for sale in the Mission Hills area of Los Angeles Tuesday, Oct. 11, 2022 in Mission Hills, CA. Brian Van Der Brug | Los Angeles Times | Getty Images Mortgage application volume rose 2.7% last w...
Tech leaders reckon with higher interest rates, down rounds and layoffs
Guillaume Pousaz, CEO and founder of payment platform Checkout.com, speaking onstage at the 2022 Web Summit tech conference. Horacio Villalobos | Getty Images LISBON, Portugal — Once high-flying tech ...
Ark’s Cathie Wood Raises Concerns Over Hiking Interest Rates
12 seconds ago | 2 mins read Bitcoin News It will be more like 1929 if the Fed doesn’t change course, she said. Wood said it’s possible we’re going back to the Roaring Twenties. Cathie Wood, founder,...
Fed’s Waller warns inflation fight isn’t over, interest rates will ‘keep going up’ despite prices cooling by more than expected
Federal Reserve Governor Christopher Waller said “we’ve still got a ways to go” before the US central bank stops raising interest rates, despite good news last week on consumer prices. At the same tim...
Homebuyers and sellers have never been this ‘pessimistic’ as mortgage rates creep above 7% — here’s what the experts say about the chances of a crash or rebound
Homebuyers and sellers have never been this ‘pessimistic’ as mortgage rates creep above 7% — here’s what the experts say about the chances of a crash or rebound Mortgage rates inched over 7% again fol...
GM Stock, GlobalFoundries Lead 5 Stocks Near Buy Points As Interest Rates Fall
General Motors (GM) and GlobalFoundries (GFS), which charged into buy range last week as a surprisingly soft CPI inflation report sent market interest rates tumbling, lead this weekend’s watch l...
How has the Announcement of Inflation Rates Affected Crypto Prices?
Join Our Telegram channel to stay up to date on breaking news coverage After a turbulent week, the crypto prices have a chance to catch their breath as the CPI data shows that the inflation rate has s...
Dogecoin Price is retracing following SEC rates increase: Tora Inu is the next Meme coin to watch
Join Our Telegram channel to stay up to date on breaking news coverage There’s no denying that Dogecoin has been the top performer in recent memory. It had the fortune of Elon Musk buying social media...
Fed May Need to Raise Rates to 6%, Monetary Economist Taylor Says
(Bloomberg) — The Federal Reserve needs to raise interest rates significantly higher, to perhaps 6%, to reduce inflation, influential monetary economist John Taylor said on Friday. Most Read fro...
Mortgage rates fall sharply to under 7% after inflation eases
A ‘For Sale’ sign is posted in front of a single family home on October 27, 2022 in Hollywood, Florida. Joe Raedle | Getty Images Mortgage rates fell sharply Thursday after a government re...
SOL raises interest rates to overcome Solend liquidity crises
Investors on Solana, a top blockchain platform, are in a state of panic after the apparent fall of the FTX cryptocurrency exchange. The other centralized exchange eventually stopped stablecoin trades ...
Fed may need to hike interest rates above 6% to crush inflation, Larry Summers says
Stubbornly high inflation could force the Federal Reserve to aggressively raise interest rates above 6%, the highest in more than two decades, according to former Treasury Secretary Larry Summers. The...
Fed must keep raising rates until it is certain inflation has stopped climbing, Kashkari says
The Federal Reserve needs to keep raising interest rates until it is sure inflation has hit a ceiling, said Minneapolis Fed President Neel Kashkari on Thursday. The central bank can’t be overly persua...