Tag: rates

What happened to mortgage rates this week? Mortgage rates jumped 11 basis points to 6.11% this week as volatility caused by geo-political uncertainty outweighed relatively soft economic data. The ongoing conflict in Iran has stoked fears of wartime inflation, sending yields on the 10-year Treasury climbing and driving mortgage rates higher. This shift comes despite

CBN Governor, Olayemi Cardoso High interest rates remain a major concern for businesses, with stakeholders warning that persistently tight monetary policy could slow economic growth and limit access to credit. President of the Enugu Chamber of Commerce, Industry, Mines and Agriculture, Nnanyelugo Onyemelukwe, said the Central Bank of Nigeria’s (CBN) reforms have strengthened transparency and

Jerusalem Post / Health & Wellness Israeli health officials call for sanctions on anti-vaxxers as flu morbidity rate rises Only 17% of Israelis have been vaccinated; health fund CEOs are divided over sanctions versus accessibility. A patient at a Maccabi Health Center in Jerusalem receives a vaccination against the 'H1N1' swine flu. Israeli health authorities

Mortgage rates will fall today following a weaker-than-expected jobs report that increases the odds of a September rate cut. U.S. employers added 73,000 jobs in July, fewer than the roughly 100,000 expected by forecasters. Almost all of the job creation previously reported for May and June was revised away and the unemployment rate ticked up

The average rate on the popular 30-year fixed mortgage surged 13 basis points Friday to 7.1%, according to Mortgage News Daily. That’s the highest rate since mid-February. Mortgage rates have been on a roller coaster ride all week, as bond yields spiked higher mid-week when President Donald Trump’s new tariffs on dozens of countries went into effect.

Nada Choueiri, Deputy Director of the International Monetary Fund’s (IMF) Asia-Pacific Department and its mission chief for Japan, said on Friday that the “Bank of Japan (BoJ) is likely to raise interest rates again this year.” Additional quotes See them reaching levels deemed neutral to the economy by end-2027...

Last week, the housing data demonstrated stability even as we approached potential tariff enforcements starting on Saturday...

Italy’s newly passed budget brings a series of changes that will affect workers' paychecks, tax rates and various benefits starting in 2025...