News

Will mortgage rates fall after the Fed's June meeting?
This progress sparks hope that relief from today's elevated mortgage rates may be on the horizon — especially with the Fed's ...
RBI rate cut impact: Bank of Baroda, HDFC Bank reduce lending rate by up to 50 bps, 10 bps
Earlier on Friday, the RBI cut interest rates by a larger-than-expected 50 basis points, and unexpectedly reduced the cash ...
As deposit rates fall, banks turn to innovation to woo savers and stay competitive
With interest rates declining, banks face the challenge of attracting deposits. Experts suggest innovative products like ...
Mortgage Applications Fall for the Second Week in a Row as Higher Rates Weigh on Demand
Mortgage applications declined for the second consecutive week, as higher mortgage rates weighed on buyer demand.
Bank of England governor expects interest rates and pay to decrease this year
Andrew Bailey cited the loosening of the UK's labour market as one key indicator in the bank's most recent decision.
How much will your EMI decrease after RBI slashes interest rate? If you have home loan of Rs 50 lakh, you will save...
If you have taken a home loan of Rs 50 lakh for 20 years, your EMI may come down by Rs 3,164. Calculate your savings after ...
Federal student loan interest rates just fell for the first time in 5 years—here's what borrowers will pay on new loans
The interest rate for undergraduate federal student loans disbursed between July 1, 2025 and June 30, 2026 will be 6.39%, ...
Rate cut relief comes faster for existing borrowers, as banks adjust spread for new loans
PSBs like Bank of Baroda, PNB, Bank of India, and UCO Bank have begun cutting lending rates, with private lenders like HDFC ...
Sweden’s Core Inflation Slowdown Backs June Rate Cut
Sweden’s underlying inflation rate fell to a five-month low, broadly in line with expectations and strengthening the case for ...
Trump Says Decision on Fed Chair Will Be Out Soon
President Donald Trump said on Friday that a decision on the next Federal Reserve chair will be coming out soon, adding that a good Fed chair would lower interest rates. "It's coming out very soon," ...