GO
Loading...

Interest Rates

More

  • Foreclosure USA: I Report And You Respond Wednesday, 26 Sep 2007 | 10:50 AM ET

    Here are your responses to my recent reports on foreclosures (here and here) in California. Mike from NY says people got talked into buying a house when they had no business doing so: "...all these people thought they were Donald Trump."

  • Dollar Fights Back, Shrugs Off Softer Durables Data Wednesday, 26 Sep 2007 | 10:28 AM ET

    The dollar rebounded from record lows against the euro Wednesday, brushing aside a steeper-than-expected fall in August durable goods orders as buyers took advantage of cheap exchange rates.

  • Durable-Goods Orders Take Biggest Dive in 7 Months Wednesday, 26 Sep 2007 | 10:14 AM ET

    New orders for costly U.S.-manufactured goods dropped at the sharpest rate in seven months during August as demand fell across nearly every major category.

  • ECB Lends 3-Month Funds at Highest Rate Since 2001 Wednesday, 26 Sep 2007 | 8:29 AM ET

    The European Central Bank allotted 50 billion euros of three-month refinancing on Wednesday at an average rate of 4.63% -- the highest since March 2001 and evidence of continued tightness on the euro money market.

  • U.S. Mortgage Applications Slid Last Week: MBA Wednesday, 26 Sep 2007 | 7:11 AM ET

    U.S. home loan applications slumped last week after climbing for three straight weeks, an industry group said Wednesday, as falling demand for home purchase loans overshadowed a fourth consecutive weekly rise in refinancing requests.

  • Dollar Hits Fourth New Low in Four Days vs. Euro Tuesday, 25 Sep 2007 | 5:48 PM ET

    The dollar hit a new record low against the euro Tuesday as a surprise plunge in U.S. consumer confidence to nearly two-year lows raised expectations of another Federal Reserve interest rate cut next month.

  • Home Foreclosures: Only Thing 'Funny' Is The Money Tuesday, 25 Sep 2007 | 5:15 PM ET

    There's nothing funny about today's post, other than the funny money that went into mortgages. I am on the ground on Henry Long Blvd. in Stockton, CA. This is truly the epicenter of the foreclosure earthquake. I would say one out of every eight homes in this neighborhood is for sale: and you know which ones are vacant because the lawns are dead.

  • How Much Worse Can Housing Slump Get? Tuesday, 25 Sep 2007 | 3:51 PM ET

    There was more bad news for the housing sector Tuesday. Both sales and prices of existing homes continued to fall, while inventories rose.

  • Credit Crisis: Causing Concern For Consumers? Tuesday, 25 Sep 2007 | 3:11 PM ET

    Consumer crisis or not, we're three months and counting until Christmas. Americans will still shop for the holidays but the question is just where they'll buy and how much they'll pay for this year's presents. Will we have a merry or mediocre Christmas?

  • Gloom Over Holiday Sales May Be Overdone Tuesday, 25 Sep 2007 | 3:10 PM ET
    Shopper with Bloomingdales Bags

    High energy prices, the housing slump and worries about a recession may not have as much impact on holiday sales.

  • Dollar Hits New Low vs. Euro on Rate Cut Qualms Monday, 24 Sep 2007 | 5:02 PM ET

    The dollar hit a record low against the euro for the third straight session Monday, amid fears that a deepening housing slump could rein in economic growth and trigger more cuts in U.S. interest rates

  • Bonds Close Slightly Up as Stocks Dip Monday, 24 Sep 2007 | 4:08 PM ET

    U.S. Treasury prices finished mostly higher Monday, shaking off an early decline and benefiting from a downturn in the stock market. In general, stocks have risen while Treasurys have been driven lower in the wake of the Federal Reserve's decision last week to reduce official rates by a full half percentage point.

  • Fisher: Fed Tiller Can Steer Either Way Monday, 24 Sep 2007 | 2:57 PM ET
  • The text from a speech given by Ben Bernanke on "Education and Economic Competitiveness" in Washington D.C. on September 24, 2007.

  • GSE Loan Limit Exceptions: Are They Really Fair? Monday, 24 Sep 2007 | 12:55 PM ET

    I was waiting to see who did it first. I figured it was between California and Florida, and I was right. California wins. Last Thursday, Gov. Arnold Schwarzenegger wrote a letter to Congressional leaders asking for a state exception to the GSE conforming loan limit ($417,000).

  • Credit Crunch Unlikely to Let Up Soon, IMF Warns Monday, 24 Sep 2007 | 12:32 PM ET

    Turmoil in global credit and money markets will likely continue as investors worry about the size of financial losses and where they might appear, the International Monetary Fund warned Monday.

  • Not So Fast On Weak Dollar Concerns Monday, 24 Sep 2007 | 10:54 AM ET

    There's a lot of concern about whether a weaker dollar could cause higher U.S. inflation, but CNBC’s Steve Liesman says not so fast.

  • U.S. Mortgage Default Rate Stabilizing Monday, 24 Sep 2007 | 7:41 AM ET
    A home is advertised for sale at a foreclosure auction in Pasadena, California.

    The default rate on U.S. mortgages is stabilizing, an American housing official said Monday, adding she didn't expect last week's cut in U.S. interest rates to significantly affect the number of defaults.

  • The Fast Money Misfires Friday, 21 Sep 2007 | 9:20 PM ET

    Sometimes a stock is hot and other time it just burns. Following are the Fast Money misfires.

  • Stocks, Housing And A 'Halo' Dominate Week Ahead Friday, 21 Sep 2007 | 4:42 PM ET

    Like an orchestra tuning up, financial markets are trying to find the right pitch after the Fed's big rate move. The market moves have been dramatic, and for the time being, it's likely they'll continue that way.