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Why Interest Rate Cuts Won’t Fix a Global Housing Affordability Crisis
Posted inBank of England Banking and Financial Institutions Building (Construction) European Central Bank Federal Reserve System Interest Rates Mortgages Real Estate and Housing (Residential)

Why Interest Rate Cuts Won’t Fix a Global Housing Affordability Crisis

Central bankers are lowering borrowing costs, but that won’t be a cure-all for a widespread lack of affordable housing.
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Posted by By Jeanna Smialek
30-Year Mortgage Rate Falls to 6.35%
Posted inCredit and Debt Federal Home Loan Mortgage Corp (Freddie Mac) Interest Rates Mortgages Real Estate and Housing (Residential) United States Economy

30-Year Mortgage Rate Falls to 6.35%

Further declines could encourage more activity from buyers and sellers.
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Posted by By Danielle Kaye
Fed Chair Powell Signals Interest Rate Cuts in Jackson Hole Speech
Posted inBanking and Financial Institutions Government Bonds Inflation (Economics) Interest Rates Labor and Jobs Prices (Fares, Fees and Rates) Regulation and Deregulation of Industry United States Economy

Fed Chair Powell Signals Interest Rate Cuts in Jackson Hole Speech

Jerome H. Powell used a speech in Jackson Hole to signal that the Federal Reserve will begin to cut rates on Sept. 18, and to voice wariness about the job market.
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Posted by By Jeanna Smialek
If Your Debt Is Ballooning, There Are Steps You Can Take
Posted inAutomated Teller Machines Banking and Financial Institutions Budgets and Budgeting Content Type: Service Credit and Debt Credit Cards Interest Rates Personal Finances Prices (Fares, Fees and Rates)

If Your Debt Is Ballooning, There Are Steps You Can Take

More borrowers have been falling behind on their credit card bills and are paying more for basic banking services, like A.T.M. fees.
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Posted by By Ann Carrns

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