Email
Password
Remember meForgot password?
Log in with Facebook Log in with Twitter
Connect your Digital Journal account with Facebook or Twitter to use this feature.

Interest rates News

Will new mortgage rules in UK push up rates again?

From Saturday April 26, new rules will apply for anyone wishing to take on a new mortgage in the UK. Prospective buyers will be quizzed on a number of personal lifestyle expenditures before a loan is granted.

Op-Ed: Claims UK jobless total is falling sparks interest rate rise fear

London - News that unemployment in the UK is apparently falling is a mixed blessing. The Office of National Statistics, ONS, reports the jobless rate is down for the third quarter in a row to 7.6 percent, the lowest since 2009.

Op-Ed: Interest rates should be determined by market, not central banks

Washington - Since the collapse of the United States economy at the height of the Great Recession in 2007 and 2008, consumers and governments have given interest rates a bad reputation. Is it wrong to blame them?

Op-Ed: Global banks are rate rigging in Singapore

The Monetary Authority of Singapore censured banks for trying to rig benchmark interest rates. Many important, global banks are involved, but the consequences are insignificant.

Canadian debt to income ratio reaches new record high

Ottawa - Last quarter, the Canadian household debt ratio to disposable income rose to 165% slightly above the already alarming ratio of 164.7% the previous quarter.

Op-Ed: Can Islamic Finance save us from the Banksters?

The governments of the world lurch from crisis to crisis as they try to prop up the corrupt, debt-based money system, but there is a positive alternative if they have the courage to take it.

Op-Ed: Canadians increase debt by six percent in fourth quarter of 2012

Ottawa - A report issued in December 2012 indicated that the overall debt of Canadians had increased by 164 percent. A report released by TransUnion says that the personal debt load, not including mortgages,increased by six percent in the fourth quarter of 2012.

Mark Carney: Interest rate hike warnings being heard by Canadians Special

Toronto - Bank of Canada Governor Mark Carney delivered a speech to the Toronto CFA Society where he discussed guidance of central bank policies. Carney stressed the importance of transparency in monetary policy and the market’s response to the interest rates.

Australian Central Bank lowers interest rates to boost economy

Canberra - The Reserve Bank of Australia has lowered its interest rate from 3.25% to 3% to help bolster the economy. This is the lowest interest rate level since 2009

Op-Ed: Voodoo Economics at the Bank of England

London - The Governor of the Bank of England is paid a salary of over £300,000. For that sort of money, it might be expected he gets things right occasionally. Alas...

Canadian housing market may be unattainable for young adults

According to a new study by RBC Bank, the Canadian housing market could be facing some major challenges in 2013 if interest rates begin to rise. For young adults these rates and the overall costs may be a factor for living with mom and dad.

Op-Ed: How many idiots does it take to fix a global economy? Too many

Sydney - Globalization has revealed exactly how many idiots, elected and otherwise, there are in top echelons in business and government around the world. They insist on using old logic to solve new problems.

OECD warns 'severe recession', urges Canada to hike interest rate

Paris - The Organization for Economic Co-operation and Development (OECD) published its latest report Tuesday, in which it notes of a "severe recession" due to the Eurozone crisis. It also urged Bank of Canada Governor Mark Carney to raise interest rates.

Op-Ed: Ripoff — New bank rules mean the end of ‘high’ interest savings

Sydney - Talk about ridiculous. The banks are borrowing from central banks at artificially low rates. They now want to reduce the rates paid on savings, as a result of issues created by their own mistakes.

United States Federal Reserve Keeps Rates Unchanged

The Federal Reserve decided on Tuesday to continue the run of near-zero interest rates, choosing not to tamper with what some have called the beginning of an economic recovery.

Op-Ed: Economists — When are you going to get anything right?

Sydney - Economics is the science that got lost in itself and still can't find the way out. The theories, the principles and the machinery of a lost world are now still clanking on, ineffectually. The science bleats on as the machine falls to bits.

Italy's record interest rates at auction

Italy’s borrowing rates have gone way up after bond auctions took place on Friday. Now the country has been forced to pay record interest rates.

Obama's changes to student loans: What they actually mean

President Obama announced changes to student loans on Wednesday, that will come into effect in January. However they will only apply to federal, rather than private student loans, and changes to the repayment program will only benefit the poorest.

Bank of Canada: Optimistic forecasts will lead to rising rates

This morning the Bank of Canada kept interest rates steady but announced that rising inflation, the growing value of the Canadian dollar and an unexpectedly quick and healthy recovery would soon spell an end to historically low rates.

Bank of Canada encouraged by growth, holds interest rate

Ottawa, Canada -- The Bank of Canada has announced that its key lending rate will remain unchanged at a record low 0.25 percent. Strong economic growth is cited as the prime reason.

Bernanke: Lax Regulation to Blame for Housing Bubble

Ben Bernanke, Chairman of the U.S. Federal Reserve, said on Sunday that a lack of regulation, rather than low interest rates, was the main reason for the housing bubble which, when burst, was largely responsible for the recent global financial crisis.

Norway First European Country to Raise Interest Rates

Norway has become the first European country to raise its interest rates since the global financial crisis began in earnest, citing better than expected economic growth as the reason for the decision.

New bill imposes credit card regulation ahead of schedule in U.S.

In the spring of 2009, the U.S. Congress passed legislation limiting credit card companies' ability to raise interest rates and impose new fees on customers.

U.S. bank credit cards and the moving due dates scam

Many banks have deliberately designed billing systems to periodically generate payment due dates that are 5 to 6 days earlier than normal in an effort to catch automatic bill payers in a missed due date scam.

Bank of Canada Cuts Interest Rates to 2.25 Per Cent

The Bank of Canada announced it is lowering interest rates by one-quarter of a point to 2.25 per cent. A statement released Tuesday morning says "three major interrelated developments are having a profound impact on the Canadian economy."

Reykjavik Real Estate Ready for Decline

Real estate prices seem to be unsustainable in Reykjavik, Iceland. High interest rates and aggressive buying may not support the market much longer.

Op-Ed: US Dollar, interest rates, oil, and euro indicate low ceiling, tough choices for Fed

The greenback took a hit after investors decided that economic forces would prevent a Federal Reserve rate rise. This isn’t quantum mechanics. It just looks like it. The Fed has to try to find a working rule for something that doesn't work any more.

Australia's Great Reserve Bank Fraud, Part 2

In the series' second article, we look further into the real causes of inflation, and how the Reserve Bank looks the other way. We expose massive oil fraud and Rudd's corrupt refusal to regulate monopoly.

A Better Yield for Your Money in Troubled Financial Times

"The guys who screwed up the mortgage markets are bringing their awesome skill sets to bear on physical commodity markets."

Op-Ed: Fed stops the market rout, but go shopping for a nice cave, just in case

The gasping sound you hear on stock market reports comes from an unexpected hyperventilating breather given by the US Federal Reserve. The 0.75 percent reduction has at least temporarily calmed a nervous market. Global market chaos has also subsided.
  1 2 Next»

Set up a news alert for

Interest rates


Interest rates Image


Latest News
Top News

Corporate

Help & Support

News Links

copyright © 2014 digitaljournal.com   |   powered by dell servers