Interest Rates


  • Mortgage Rates Likely Headed to 4.5%: Pimco's Gross Monday, 9 Feb 2009 | 10:31 AM ET

    Government action to shore up the economy and improve the housing climate probably will send mortgage rates to 4.5 percent, Bill Gross, co-CEO at the Pimco bond fund, said Monday.

  • Job Cuts Reaction: What the Experts Think Friday, 6 Feb 2009 | 11:51 AM ET

    The latest employment data shows a loss of 598,000 jobs in January, slightly more than expected, while the unemployment rate shot up to 7.6 percent.  CNBC asked economists, executives and political leaders what the deep cuts mean for the economy.

  • Monthly Job Losses Could Top 500,000 Again Friday, 6 Feb 2009 | 6:26 AM ET

    Economists predict another steep decline in payrolls for January, with the jobless rate expected to reach 7.5%.

  • US Inflation Could Hit 200%: Dr. Doom Friday, 6 Feb 2009 | 3:28 AM ET

    The Fed could cause Zimbabwe-like inflation making the US a 'banana republic,' famous bear Marc Faber said.

  • Stocks Rise as Bank Hopes Gain Traction Thursday, 5 Feb 2009 | 4:52 PM ET

    Stocks eked out a gain after a rough morning as banks got a boost from market chatter that the government may suspend a controversial accounting rule blamed for much of the contagion in the financial industry.

  • Home-Buyer Tax Credit A Good Start, But... Thursday, 5 Feb 2009 | 2:11 PM ET

    Last night the Senate voted to include a $15,000 homebuyer tax credit to the American Recovery and Reinvestment Act (a.k.a. the big Obama bailout).

  • Bogle: We Need Stimulus Bill Now Thursday, 5 Feb 2009 | 11:21 AM ET

    “We need a stimulus bill, and we need it now,” said Jack Bogle, founder of the Vanguard Group.  Bogle said the U.S. is in a deep recession that could turn worse if actions are not taken quickly.

  • Bank of England's Race to Zero Speeds Up Thursday, 5 Feb 2009 | 2:39 AM ET

    The Bank of England is set to make history again Thursday, with the Monetary Policy Committee (MPC) widely expected to cut rates to an all-time low.

  • Stocks May Retest Bottom: So Let the Buying Begin Wednesday, 4 Feb 2009 | 3:29 PM ET
    Wall Street Trader

    Whether it's Friday's jobs report or some other bad news, the stock market is likely to retest the November lows. But pros say look past the bottom and start buying.

  • How To Make Money In Commercial Real Estate Wednesday, 4 Feb 2009 | 1:24 PM ET

    I spoke to a really interesting investor this morning, the president and CEO of Mooring Financial Corp, a Virginia-based private investment house, and he is actually making money in commercial real estate.

  • Homeowner Vacancy Rate May Be Worse Than Reported Tuesday, 3 Feb 2009 | 2:45 PM ET

    Every so often I like to discuss this odd little quarterly report from the Census called the Residential Vacancies and Homeownership report. I want to talk about it today because I think it’s not giving us the full picture of what it purports.

  • How To Move Those Buyers Off The Fence Monday, 2 Feb 2009 | 12:40 PM ET

    We debate it on the air pretty much every day: What will it take to get potential home buyers off the fence and into a home? Is it a tax credit? Lower interest rates? A real bottom in home prices? The official mandatory silencing of all real estate reporters??

  • Today is the day Californians begin to personally feel the pain of the state's massive budget gap. As Gov. Arnold Schwarzenegger and top legislative leaders continue to meet behind closed doors to hammer out a plan covering the current $16 billion gap—projected to grow to $42 billion by June, 2010—the state controller is delaying $3.5 billion in payments to conserve cash.

  • Stop Trading!: Don't Gamble on Casinos Friday, 30 Jan 2009 | 4:22 PM ET

    Plus, Cramer tackles the possibility of interest rates reaching as high as 18%.

  • Banks Sitting On An Inventory Time Bomb: Your Emails Friday, 30 Jan 2009 | 1:50 PM ET

    My last blog post Banks Sitting On An Inventory Time Bomb set off quite a stir among readers, and I think it bears more reporting.

  • Is The Fed, The Problem? Wednesday, 28 Jan 2009 | 6:05 PM ET

    The Federal Reserve on Wednesday said it is prepared to buy long-term government debt if that would help improve credit conditions...

  • Stocks Rally to the Finish, Led by Banks Wednesday, 28 Jan 2009 | 5:07 PM ET

    Stocks ended at session highs Wednesday, led by banks, amid enthusiasm for this so-called "bad bank" plan and as the $825 billion stimulus package neared approval.

  • Stocks Hold Gains After Fed Comments Wednesday, 28 Jan 2009 | 4:01 PM ET

    Stocks held onto a nearly 200-point gain Wednesday after the Federal Reserve issued its statement on the economy.

  • Banks Sitting On An Inventory Time Bomb Wednesday, 28 Jan 2009 | 4:01 PM ET

    About 70 percent of foreclosures in RealtyTrac database have not yet been listed on the MLS. I'm wondering why? Why are the banks sitting on all these properties instead of listing them for sale?

  • The Fed Stays Fluid Wednesday, 28 Jan 2009 | 3:16 PM ET

    The Fed issued a long statement that clearly indicated their policies would be fluid. There was a little bit for everyone in the statement who wanted an aggressive Fed, and some for those who wanted a more conservative Fed.