Posts Tagged ‘interest
Top European banks stand pat on key interest rates
Linda Young – AHN News Writer London, United Kingdom (AHN) – The European Central Bank met Thursday and kept its key interest rate unchanged at 1.0 percent. ECB officials made the decision after cutting rates for the previous two months in an effort to boost growth in the eurozone. They mentioned continued high uncertainty in [...]
Cautious optimism ahead of era-defining IPOs
Hopes that US interest rates will remain at ultra-low levels for the foreseeable future are lending some support to riskier assets – though trading is mixed and cautious ahead of two trend-defining flotations. View full post on All Stories
Background to the ING Direct story and the rumours of Ally Bank interest
I missed the rumour that Ally Bank is in talks with ING Direct. It was put out there first by the NY Post on 10th May, 2011. Sources told The Post that Ally, the automobile and home mortgage lender, is looking to acquire the online banking business to boost its deposit base and further fortify [...]
India hikes key interest rates by 50 basis points (AFP)
AFP – India’s central bank on Tuesday raised lending rates by a bigger-than-expected 50 basis points, its ninth hike in 15 months to curb inflation, and warned that the move could slow growth. View full post on All Stories
Mortgage Payoff Is a Different Investment
When you pay off your mortgage your return is the interest you save. View full post on All Stories
M&T Bank earnings rise on widening interest spread
NEW YORK (MarketWatch) — M&T Bank Corp. said Monday its first-quarter net income rose to $190.1 million, or $1.59 a share, from $136.4 million, or $1.15 a share, in the year-ago period. Analysts surveyed by FactSet Research were looking for earnings of $1.41 a share, on average. Helping boost recent earnings was a wider net [...]
Watch out for the costs of fixed rate mortgages
Fears that interest rates could rise in the coming months have led to a flurry of fixed rate mortgage deals hitting the market View full post on All Stories
China raises interest rates at last…expect more
The People’s Bank of China just raised commercial banks’ benchmark deposit and lending rates by 25 basis points. Expect more targeted moves like this from Beijing. Inflation may have … View full post on All Stories
CNN – Prices Are Low! Mortgages Cheap! But You Can’t Get One
Yep, Mortgage Interest Rates Are Low, But There’s A Catch: It Doesn’t Matter How Cheap Rates Are If You Can’t Get A Loan. View full post on All Stories
Rates stay on hold
Reserve Bank leaves interest rates on hold again, sparing mortgage holders of additional repayment pain for at least another month. View full post on All Stories
