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Tag Archives: rate

The Fed takes new approach to inflation: What it means for your savings, credit-card interest — and mortgage rate

The Federal Reserve is shaking things up — which is both good and bad news for consumers. The Fed made some of the biggest changes to its policy in years following an extended review. The central bank has revised its approach to inflation and the labor market in a move …

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What is a mortgage rate lock fee?

Statements like “interest rates are at record lows” make for good headlines. And they certainly motivate prospective renters to get up off the couch, shift their house hunting into a higher gear, and take advantage of the current low, low rates.  Maybe you’re pre-approved for a home loan and you’re …

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London Markets: Britain sells its first bonds at a negative interest rate

The U.K. on Wednesday became the latest country to sell bonds at negative interest rates, showing investor demand for government securities is so high than some are willing to pay for the privilege. According to the Debt Management Office, the U.K. auctioned £3.75 billion ($ 4.6 billion) of 3-year TMBMKGB-03Y, …

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CityWatch: Poor, dense neighborhoods in New York’s outer boroughs have highest rate of COVID-19 deaths, ZIP Code data shows

Neighborhoods in southeast Queens as well as Brooklyn have the highest death rates from COVID-19 in the city, according to data New York City’s health department made public for the first time on Monday afternoon.  The deaths by ZIP Code offer a new window into how the coronavirus has ripped …

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Personal Finance Daily: Trump disputes WHO’s coronavirus fatality rate and the brands millennials and boomers don’t agree on

Barron’s wants to recognize people and organizations whose products, services, or education programs are making an impact to improve the financial health of individuals across the U.S. Be sure to head to barrons.com/celebrates for more information and to submit a nomination by March 15 for the Barron’s Celebrates: Financial Empowerment …

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