Tag: interest rates
Fed Official Suggests Much Higher Interest Rates May Be Needed
(AP) The Federal Reserve may have to raise its benchmark interest rate much higher than it has previously projected to get inflation under control,...
Home Buyers Face Jaw-Dropping Spike in Mortgage Rates
(Daily Caller News Foundation) Mortgages have hit their highest rates in decades, with the 30-year fixed interest mortgage rate surpassing 7% for the first...
Big Debt Plus Rising Interest Rates Equals DANGER
(Doug French, Mises Institute) If there is anything Wall Street banks crave is relief. Primarily relief from the potential for failure and, next, relief...
How Precious Metals Generate Positive Real Returns
(Stefan Gleason, Money Metals News Service) One of the most bullish backdrops for precious metals is an environment of negative real interest rates –...
Mortgage Rates Set to Rise as Treasury Yields Surge
(Associated Press) The long period of record-low rates on home loans could soon be over.
Long-term bond yields, which can influence interest rates on mortgages...
Sales of New Homes Surge; Mortgage Rates Tick Up
(Associated Press) The market for newly constructed homes in the U.S. continued its upward climb in August, despite the ongoing pandemic and lingering worries...
Has the Fed Let the Inflation Genie Out of the Bottle?
(Stefan Gleason, Money Metals News Service) The dramatic ascent of precious metals markets this summer reflects what could be just the start of a...
‘Shadow’ Lenders Can Leave College Students in the Dark
(Associated Press) A new high school graduate may take out about $37,200 in student loans for college, according to a recent NerdWallet study.
And for...
Mnuchin Urges Swift Aid Bill; Ex-Fed Chairs Want Bigger Deal
(Associated Press) Treasury Secretary Steven Mnuchin urged Congress Friday to quickly enact a new pandemic relief package targeting hardest-hit swaths of the economy, as...
Stocks Fall Sharply as Investors Turn Jittery
(Associated Press) Stocks and bond yields are down sharply on Wall Street as optimism that the reopening of businesses would drive a relatively quick...
