Interest Rates


  • There’s little dispute that allowing  flexibility in valuing toxic assets will be good for the banking industry. The  big question is whether it's good for anyone else—including the US government.

  • Job Losses Peak, Recession Hits Bottom Friday, 3 Apr 2009 | 11:54 AM ET

    When it comes to job losses, March will be the cruelest month.  “It almost can’t get any worse,” says one economist.

  • Pros Say: US Jobless Rate Could Hit 10.2% in '09 Friday, 3 Apr 2009 | 7:11 AM ET

    While most Asian markets closed higher Friday on the back of the G20 summit optimism and a rally in tech stocks, European markets were lower ahead of the March U.S. jobs report. Economists polled by Reuters expect a decline of 650,000 jobs.

  • When it comes to job losses, March will be the cruelest month, while April may be the beginning of the end.  “It almost can’t get any worse,” says one economist.

  • “Real Housewives” In Real Estate Trouble Thursday, 2 Apr 2009 | 12:03 PM ET
    New York City

    There’s simply no way to sugarcoat the data, although to be frank several NYC real estate firms are trying to do just that. Manhattan real estate is in deep trouble - and so is the  playground for the East Coast's rich and famous.

  • Pros Say: Mark-to-Market Changes Won't Help Thursday, 2 Apr 2009 | 8:40 AM ET

    Global stocks powered higher Thursday as hopes grew that the US economic decline was reaching a bottom, while the euro gained despite expectations of an interest rate cut from the European Central Bank. Experts weigh in on how to help the economy.

  • Fed's Move To Lower Mortgage Rates May Backfire Wednesday, 1 Apr 2009 | 2:01 PM ET
    California Suburbs

    Though housing still faces major headwinds, including foreclosures and unemployment, a number of positive forces may finally be enough to form a market bottom.

  • Pros Say: Economy To Go Positive Between Q3 — Q4 Wednesday, 1 Apr 2009 | 12:01 PM ET

    Wednesday: Pending sales of existing U.S. homes inched upward but home values keep slipping. Job losses in the U.S. private sector accelerated more than expected in March but planned layoffs are down. Pres. Obama urged unified action at the G20 meeting. Four regional banks were the first to pay back TARP funds. CNBC heard from experts who said the market will make a major move around Easter — and went overweight in stock portfolio allocation.

  • Affordability Sets New Record Wednesday, 1 Apr 2009 | 11:49 AM ET

    The headline from the Realtors is pretty clear: “Gain Seen in Pending Home Sales, Housing Affordability Sets New Record.” So why are the Realtors, usually eager to pump the positive, still hedging on a housing recovery?

  • Fed's Fisher: We Won't Get Positive Growth Until 2010 Wednesday, 1 Apr 2009 | 10:43 AM ET
    Richard W. Fisher

    The U.S. economy will have negative growth for 2009 before it improves slowly in 2010, Dallas Federal Reserve Bank President Richard Fisher told CNBC Wednesday.

  • Pros Say: Buy Gold at $1,000 Wednesday, 1 Apr 2009 | 4:54 AM ET

    Global stocks began the second quarter lower Wednesday ahead of the G20 summit in London which aims to tackle the financial crisis. Experts tell CNBC that gold is a good buy when above $1,000, but that long-term U.S. Treasurys may be losing their shine.

  • Pros Say: Inflation Danger = 'Kryptonite for Superman' Tuesday, 31 Mar 2009 | 12:15 PM ET

    Tuesday: Consumer confidence squeaked above its record low. Ford announced an incentive program -- covering payments if a buyer is laid off -- similar to Hyundai's. GM's new CEO Fritz henderson said bankruptcy is possible within 60 days. J.P. Morgan said global banks will write down $17 billion more. CNBC heard from experts who said retail looks less scary, housing is finally coming back — but warned that inflation could be "kryptonite" for bonds.

  • Black Swan: Don't Change 'Mark To Market' Rules Tuesday, 31 Mar 2009 | 10:41 AM ET

    Altering mark-to-market accounting rules would bring more opacity to the financial system, said Nassim Taleb, “The Black Swan” author.

  • The Fed's efforts to push down mortgage rates have raised expectations about a  housing recovery, but it may take months to have any impact—and the results may not all be positive.

  • US Needs 'Resolution Authority' For Big Firms: Frank Tuesday, 31 Mar 2009 | 8:03 AM ET
    Barney Frank

    House Financial Services Chairman Barney Frank (D-Mass.) says the drastic steps the Obama administration is taking in dealing with the nation's struggling automakers further underscores the need for the government to have so-called resolution authority to take over and unwind the businesses of big non-bank companies.

  • Fannie And Freddie Get In The Warehouse Game? Monday, 30 Mar 2009 | 12:22 PM ET

    As I reported about a week ago, warehouse lending is drying up at a fast clip. This is the money desperately needed by small mortgage banks in order to offer you a mortgage.

  • Pros Say: ECB May Announce Bonds Purchases Thursday Monday, 30 Mar 2009 | 6:34 AM ET

    Global stocks were down ahead of a big week, which includes the G20 summit in London, the European Central Bank policy meeting and monthly employment data out of the U.S. Experts tell CNBC what they expect from the week ahead.

  • The New Rules of Real Estate Saturday, 28 Mar 2009 | 11:22 AM ET

    With interest rates the lowest on record, is it time for potential new homebuyers to take the plunge?

  • Web Extra: New Homebuyer Litmus Test Friday, 27 Mar 2009 | 4:39 PM ET

    NOT SEEN ON T.V.: So you’re a new homebuyer and you think you’ve picked your future house. How can you be sure you want to pull the trigger?

  • Paying Cash for a Home: Why It Will Ruin You Thursday, 26 Mar 2009 | 12:59 PM ET

    I understand the desire to not have a mortgage bill hanging over you, but paying in cash is just like putting all your money into a single stock.