GO
Loading...

Interest Rates

More

  • home_sales8.jpg

    Sure, lower prices get buyers off the fence, as we’re seeing now in California, where dirt-cheap prices are bulking up home sales. That’s just all about getting a great deal.

  • Busch: The G20 Way Forward: Spend, Spend, Spend Monday, 17 Nov 2008 | 10:11 AM ET

    After torturing myself by actually reading the entire G20 statement, my conclusion is that this group could now stage an "Up With People" show. The statement had enthusiastic prescriptions for generally what needed to be done, but none of the specifics.

  • Wilbur Ross: Allowing GM Bankruptcy a 'Wrong' Idea Friday, 14 Nov 2008 | 6:17 PM ET

    The U.S. government should provide funding to struggling Detroit automaker General Motors, Wilbur Ross, chairman & CEO of WL Ross & Co., told CNBC on Friday.

  • Stocks enjoyed a late-day rally Thursday after the S&P 500 broke through its Oct. 10 low — but the euphoria abruptly ended amid talk of a $14 trillion consumer debt pile, and layoff talk from Sun Microsystems and Dow Chemical. CNBC's expert guests offered their views on what's coming next.

  • Bernanke on Policy Coordination Friday, 14 Nov 2008 | 8:44 AM ET

    The full remarks of Federal Reserve Chairman Ben Bernanke on central bank policy coordination the Fifth European Central Bank Central Banking Conference.

  • Economic Summit: Major Problems, Modest Hopes Thursday, 13 Nov 2008 | 5:56 PM ET
    world_economy_down.jpg

    This weekend's global economic summit isn't generating a lot of enthusiasm on Wall Street. But some are hoping that the gathering might yield some tangible results.

  • That $300 Billion Hope For Homeowners Isn’t Working Thursday, 13 Nov 2008 | 2:51 PM ET
    Homes

    I’ve just seen the latest numbers on the recently launched government Hope for Homeowners program, and I’d call them laughable if the whole thing weren’t so blatantly sad. Hope for Homeowners was launched Oct. 1 as part of the Housing and Economic Recovery Act signed into law on July 30,2008.

  • Market Pros: No Apocalypse Now...But Soon Thursday, 13 Nov 2008 | 1:14 PM ET

    New jobless claims hit a 7-year high Thursday; and even strong companies look weaker in the future. But some strategists see hopeful market signs amid the chaos. CNBC canvassed economic and financial experts for their insights.

  • Market Pros: Stick With U.S. Equities Wednesday, 12 Nov 2008 | 3:29 PM ET

    Treasury Secretary Henry Paulson on Wednesday said he'd direct the $700 billion bailout fund toward uses like consumer debt — and away from dicey mortgage assets. Solid news for some; more uncertainty for others. CNBC's expert guests weighed on the markets and the global economy.

  • Barney Frank

    So here I am on Capitol Hill covering a hearing at the House Financial Services Committee (starring Chairman Barney Frank D-MA), entitled Private Sector Cooperation with Mortgage Modifications—Ensuring That Investors, Servicers, and Lenders Provide Real Help for Troubled Homeowners.

  • Dollar Edges Higher on Global Economic Worries Tuesday, 11 Nov 2008 | 3:21 PM ET
    Dollar and Euro

    The U.S. dollar rallied to a two-week high against a basket of currencies Tuesday as worries about a deteriorating global economy prompted investors to shun riskier assets and flock to the safety of the greenback.

  • foreclosed_citibank.jpg

    I’m all about the help, but I have some issues (I always have some issues). Citi is targeting borrowers who are not yet delinquent but who could become delinquent due to any number of issues, like loan resets, loss of jobs or home price depreciation.

  • Euro Zone Already in 'Serious Recession': BofA Tuesday, 11 Nov 2008 | 6:02 AM ET

    The group of euro-member countries fell into "a serious recession in September" and economic contraction will continue through next year, pushing interest rates sharply lower, Bank of America said in a research note Tuesday.

  • China's October Inflation Eases to 4% Monday, 10 Nov 2008 | 10:09 PM ET

    China's inflation rate fell further in October, easing pressure on Beijing to contain price rises as it launches a massive stimulus package to boost slowing growth.

  • Japan's Current Account Surplus Dives 48.8% Monday, 10 Nov 2008 | 10:00 PM ET
    Japanese Flag

    Japan's current account surplus in September plunged 48.8 percent from a year earlier as import growth far outpaced export growth in the face of a global slowdown, the Finance Ministry said Tuesday.

  • fannie_mae_logo.jpg

    Nothing like starting off a new week with a $29 billion net loss for the nation’s largest mortgage investor. Fannie Mae is currently under government guard, with the conservatorship instituted in September, but it still apparently can’t keep its balance sheet from joining the ranks of other massive mortgage meltdowns that seem to be par for today’s course.

  • US Dollar Falls vs. Euro After China Stimulus Plan Monday, 10 Nov 2008 | 2:02 PM ET
    hundred_dollar_blur.jpg

    The U.S. dollar fell against the euro Monday as news of a large economic stimulus package from China made traders more willing to take on risk.

  • Stock Market To Fall Another 20%-25%: Roubini Monday, 10 Nov 2008 | 9:48 AM ET

    The economy will worsen in the coming months and cause the market to fall another 20 to 25 percent in the United States and abroad, said Nouriel Roubini, a New York University business professor, on CNBC’s “Squawk Box” on Monday.

  • Fed's Statement On Restructured AIG Financial Aid Monday, 10 Nov 2008 | 8:37 AM ET

    The Federal Reserve Board and the U.S. Treasury on Monday announced the restructuring of the government's financial support to the American International Group (AIG) in order to keep the company strong and facilitate its ability to complete its restructuring process successfully.

  • China Wholesale Inflation Slides, Rate Cut Looms Sunday, 9 Nov 2008 | 10:38 PM ET
    China, Chinese Flag

    China's wholesale price inflation tumbled in October, clearing the way for the central bank to cut rates at any time to support a massive stimulus package aimed at shoring up the world's fourth-largest economy.