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Interest

34 Results / Page 1 of 4

Background

News

Typical mortgage payment has soared $337 in just six weeks as interest rates almost hit 7%

The average US homeowner saw their monthly mortgage payment rise by 15 percent or $337, according to a shocking new report from Redfin. The report goes on to say that the rising mortgage rates of around seven percent are the highest since July 2007 shortly before crash that triggered the great recession. This is causing potential homebuyers to get cold feet and decide not to buy in the current market. In addition, homes […]

todayOctober 2, 2022

Featured

Will Americans break free of high interest rates?

To rein in inflation, there will be pain, Federal Reserve officials say. Last week, the Fed boosted its short-term interest rate by three-quarters of a percentage point for the third time to help curb inflation, which continues to hover near a 40-year high.  The rate hikes "will also bring some pain to households and businesses,'' said Fed Chair Jerome Powell at a conference in August. "These are the unfortunate costs of reducing inflation.’’Inflation is […]

todayOctober 1, 2022

Business

Fed hike, Bank of Japan, interest rates, currencies

Oil prices climb after Fed's rate hikes, demand fears lingerOil prices climbed following the Fed's third consecutive rate hike.Reuters also reported Chinese refiners are expecting the nation to release up to 15 million tonnes worth of oil products export quotas for the rest of the year, citing people with knowledge of the matter.Brent crude futures rose 0.45% to stand at $90.24 per barrel, while U.S. West Texas Intermediate also gained […]

todaySeptember 21, 2022

News

WATCH: Federal Reserve Chair Jerome H. Powell delivers remarks on interest rates – Washington Post

WATCH: Federal Reserve Chair Jerome H. Powell delivers remarks on interest rates  Washington PostWATCH LIVE: Fed Chair Jerome Powell Holds Press Conference By Investing.com  Investing.comWatch live: Powell holds press conference as Fed expected to raise interest rates  The HillHere's what changed in the new Fed statement  CNBCPowell's Hawkish Rate Outlook Could Be Painful for Job Market  The Wall Street JournalView Full Coverage on Google News Source link

todaySeptember 21, 2022

Featured

World's Hottest Housing Markets Are Down All Over as Interest Rates Hike – Bloomberg

World's Hottest Housing Markets Are Down All Over as Interest Rates Hike  BloombergGrim prediction about Aussie housing crash  news.com.auIs a Housing Market Crash Coming? Here's What Dave Ramsey Thinks  The Motley Fool3 global housing bubbles: Cautionary tales for US real-estate market  Business InsiderView Full Coverage on Google News Source link

todaySeptember 11, 2022 2

Business

Stocks mostly higher; RBA hikes interest rates

The Reserve Bank of Australia building in Sydney, Australia, on Monday, Sept. 6, 2021.David Gray | Bloomberg | Getty ImagesShares in the Asia-Pacific traded mostly higher on Tuesday as Australia's central bank raised interest rates again.Mainland China's Shanghai Composite added 1.36% to 3,243.56 and the Shenzhen Component was 1.037% higher at 11,799.81 after officials signaled more economic support.Japan's Nikkei 225 was about flat at 27,626.51, and the Topix index was […]

todaySeptember 6, 2022

News

Elizabeth Warren says she is ‘very worried’ the Federal Reserve is leading the US into a recession by hiking up interest rates

Sen. Elizabeth Warren.Lou Rocco/ABC via Getty ImagesSenator Elizabeth Warren said she is "very worried that the Fed is going to tip this economy into recession."Speaking on CNN's "State of the Union," Warren voiced concern about the Federal Reserve's strategy to hike interest rates.The senator said Fed Chairman Jerome Powell is failing to address causes of inflation directly.Senator Elizabeth Warren said she is "very worried" about a looming recession after the […]

todayAugust 28, 2022

National

Sinema Backs Tax, Climate Bill as Carried Interest Dropped – Bloomberg

Sinema Backs Tax, Climate Bill as Carried Interest Dropped  BloombergSinema says she will 'move forward' on economic bill, giving Democrats the votes to move ahead  CNNDemocrats say they've reached agreement on economic package  News 19 WLTXDemocrats say they've reached agreement on economic package  KOMO NewsSenate Dems announce they have the votes to pass Inflation Reduction Act  CBS News Source link

todayAugust 4, 2022 1

Business

Stock Market Today Live Updates: Dow, S&P 500 Waver as Investors Weigh Rising Interest Rates – The Wall Street Journal

Stock Market Today Live Updates: Dow, S&P 500 Waver as Investors Weigh Rising Interest Rates  The Wall Street Journal5 things to know before the stock market opens Thursday  CNBCWall Street set for muted open after best performance in a week By Reuters  Investing.comStocks Wobble as of Midday Thursday  The Wall Street JournalWall Street slips on losses in Apple, energy shares  Reuters Source link

todayAugust 4, 2022 2

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Information presented is for entertainment and general information purposes only. Opinions expressed are those of the presenter only. We make no promises or guarantees of investment performance. None of the information presented here is intended to form the basis for any offer or recommendation or have any regard to investment objectives to the needs of any specific person. Smart Investor Radio is not a broker-dealer, certified financial planner or registered investment adviser.

 

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