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  • Text: FOMC Statement Wednesday, 18 Mar 2009 | 2:19 PM ET
    The Federal Reserve headquarters in Washington, DC.

    Below is the statement released by the Federal Open Market Committee after its Mar. 17-18 meeting on interest rate policy:

  • Yoshikami: The Government Bond Stampede Wednesday, 18 Mar 2009 | 2:45 AM ET
    Global Markets

    Seems like everybody nowadays is interested in buying government bonds, but the reasons differ depending on who you are. The Bank of Japan announced they would increase the purchases of their own sovereign debt following in the footsteps of the Bank of England who also stated they would purchase gilts.

  • Web Extra: Beat Banking Fees Tuesday, 17 Mar 2009 | 3:30 PM ET

    NOT SEEN ON T.V.: Most bank fees are completely avoidable, says Bankrate's Greg McBride.

  • Starts Are Not What They Seem Tuesday, 17 Mar 2009 | 11:54 AM ET
    Housing Starts

    A surprising housing starts number sent the markets churning and the analysts buzzing, and when it all shook out the takeaway was less than promising.

  • Obama Touts Budget as 'Economic Blueprint' Tuesday, 17 Mar 2009 | 10:23 AM ET

    President Barack Obama is again asking Congress to pass his $3.6 trillion budget, saying it will "spark the transformation" the country needs to remain economically competitive.

  • Baccardax: The (US)A — to — Z(EW) of Recovery Tuesday, 17 Mar 2009 | 9:27 AM ET

    Call it what you will: an act of rebellion; blind myopia; a cry for help … but I'm actually starting to believe in the global recovery story.

  • Treasurys Are 'Disaster Waiting to Happen': Dr. Doom Tuesday, 17 Mar 2009 | 5:49 AM ET

    The Federal Reserve has no option but to start buying Treasurys as the government's needs for financing are huge, but the government bond market is a disaster in the making, Marc Faber, editor and publisher of The Gloom, Boom & Doom Report, told CNBC.

  • Landlords Get A Break In Obama Housing Plan Monday, 16 Mar 2009 | 3:47 PM ET

    I was equally surprised and pleased to see that in the just-released guidelines for the refinance part of the Obama housing plan, second homes and small rental properties are eligible.

  • Fed Preview: Weighing Options to Revive the Economy Monday, 16 Mar 2009 | 3:27 PM ET

    Federal Reserve policymakers are weighing whether to launch new programs or expand existing ones to spur lending, get Americans spending again and lift the country out of recession.

  • Pros Say: Market Bottom at S&P 600 Thursday, 12 Mar 2009 | 4:33 PM ET

    Thursday: Confessed mega-swindler Bernie Madoff pleaded guilty to fraud. Warren Buffett slipped from the "World's Richest Billionaire" slot. Apple flew in the face of grim retail prognostication and said it'd preview new iPhone software next week. It was reported that U.S. mortgage rates slipped last week; and Standard & Poor's downgraded General Electric* from its triple-A rating to AA-plus -- but GE's shares soared on a better-than-expected outlook. CNBC heard from experts who warned that AIG is a "boil" that "needs to be lanced" and called a market bottom — of sorts.

  • Are Investors Holding Up Loan Modifications? Thursday, 12 Mar 2009 | 3:53 PM ET

    On the heels of a new report that foreclosures are not in fact abating, as some banking on moratoria and modifications might have expected, I sat down this morning for an interview with the president of Mortgage, Home Equity & Insurance Services at Bank of America.

  • What's Really Driving Down The 30-Year Fix? Wednesday, 11 Mar 2009 | 11:53 AM ET
    Mortgage Rates Dropping

    The average contract interest rate for the 30-year fix fell to its second lowest on record last week, hitting 4.96% from 5.14% the week before. Why?

  • Pros Say: 5 Good Closing Bells Will Do It Tuesday, 10 Mar 2009 | 4:06 PM ET

    Tuesday: Rep. Barney Frank (D-Mass.) said the uptick rule will soon be reinstated but the SEC said that mark-to-market regulations would remain in place. Citigroup shares skyrocketed nearly 40 percent and many other financials followed suit — lifting the market with them. General Electric* shares enjoyed an assurance from Citi and AT&T said it'd add — yes, add — 3,000 jobs and invest up to $18 billion. CNBC heard from experts who said that investors are nearly ready to get out of cash — and gave a prescription for bear repellant.

  • Are Subprime Lenders Up to New Tricks? Tuesday, 10 Mar 2009 | 3:49 PM ET

    So, the folks who made all those bad loans are supposedly now keeping watch over the appraisal business, making sure independent appraisers are not inflating or deflating values due to pressure from lenders???

  • Pros Say: TALF Bailout to Spark Recovery Monday, 9 Mar 2009 | 6:19 PM ET

    Monday: Warren Buffett told CNBC the U.S. economy has "fallen off a cliff." Prof. Nouriel Roubini, who predicted the current crisis, said the U.S. recession could last up to 36 months. But some M&A activity was seen: Dow Chemical and Rohm & Haas announced a deal; and Roche and Genentech are reportedly close to their own agreement. CNBC heard from experts who said steady growth companies are the way to invest now; and that the government rescue plan is going to create the first signs of recovery.

  • Realtors Are Sold On This Good News Monday, 9 Mar 2009 | 2:15 PM ET

    Just when you thought it was impossible to find any good news for anyone in the real estate business, deep inside the FY09 omnibus appropriations bill lies a little golden nugget for the Realtors.

  • Consumers Start Spending Again Amid Grim Economy Friday, 6 Mar 2009 | 12:56 PM ET

    Even as the economy sheds jobs at an alarming rate, there are early signs consumers are over the shock  of recession and  opening their wallets again. "There's pent up demand," says one economist. "Whether it is long lasting is another story.”

  • Mr. Spitzer Goes To Washington, Again Friday, 6 Mar 2009 | 11:19 AM ET

    Eliot Spitzer is investing in DC commercial real estate. What’s wrong with this picture?

  • Consumers Start Spending Again Amid Grim Economy Friday, 6 Mar 2009 | 10:55 AM ET

    Even as the economy sheds jobs at an alarming rate, there are early signs consumers are getting over the shock  of recession and  opening their wallets again. "There's pent up demand," says one economist. "Whether it is long lasting is another story.”

  • Dow Ends Below 6,600; Citi Dips Below $1 Thursday, 5 Mar 2009 | 4:32 PM ET

    Stocks tumbled 4 percent Thursday as investors were rattled by doubts about the survival of General Motors and Citigroup broke below $1.