Tag #Interest Rates

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Mixed Signals for Home Equity Lines of Credit in August 2024

August 2024 presents a mixed opportunity for HELOCs, with low interest rates (8.13%) contrasting with a fluctuating housing market; homeowners' credit scores and local housing values directly impact borrowing limits.

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dailymail.co.uk
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Bank of England to Cut Interest Rates Amid Economic Slowdown

The Bank of England is expected to cut interest rates by 0.25 percentage points to 4 percent today, its fifth cut since August 2023, due to a sluggish UK economy with 4.7 percent unemployment and slowing wage growth.

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40% Bias Score

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theguardian.com
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Bank of England Cuts Rates Amid Inflationary Fears

The Bank of England cut interest rates by 0.25% to 4%, the lowest since March 2023, in a closely contested 5-4 vote, amid concerns about weak economic growth and rising inflation driven by soaring food prices and government policies.

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news.sky.com
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Bank of England Cuts Interest Rates Amidst Rising Inflation

The Bank of England unexpectedly cut interest rates to 4% for the fifth time this year, despite predicting inflation will jump to 4% in September due to soaring food prices (potentially 5.5% increase), causing a split vote among committee members; households with £140,000 variable mortgages will sav...

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40% Bias Score

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pda.kp.ru
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Russian Bank Deposit Rates Stabilize After Months of Decline

Following a consistent decline since May, Russian bank deposit rates paused in early August 2025, with average rates across top-20 banks settling at 16.21% (3 months), 15.34% (6 months), and 14.4% (1 year) as of August 4th, driven by the Central Bank's key rate reductions.

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cbsnews.com
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Three-Month CD vs. Money Market Account: A December 2024 Comparison

As of December 1, 2024, a \$20,000 deposit in a three-month CD yielded \$211.62 interest at a 4.30% rate, while a money market account yielded \$216.46 at 4.40%, but the CD offers a guaranteed return unlike the money market account.

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48% Bias Score

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themarker.com
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US Multifamily Market Shows Signs of Recovery Amidst Economic Headwinds

The US multifamily market is experiencing a potential upswing driven by robust rental demand, high homeownership costs, and anticipated interest rate decreases, despite a significant drop in new construction and a large volume of maturing loans presenting both risks and opportunities.

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40% Bias Score

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theguardian.com
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Bank of England Cuts Interest Rates Amid Inflationary Concerns

The Bank of England cut interest rates by 0.25 percentage points to 4%, despite projecting inflation to peak at 4% in September 2025 due to rising food, energy, and service costs, and concerns about wage growth exceeding the target of 3.25%.

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52% Bias Score

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theguardian.com
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Bank of England Poised for Fifth Interest Rate Cut Amid Economic Uncertainty

The Bank of England is likely to cut interest rates by 0.25% on Thursday, its fifth reduction in a year, to alleviate pressure on households and businesses amid a slowing economy, rising unemployment, and inflation above target, despite internal divisions on the best course of action.

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smh.com.au
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Trump's Economic Appointments Raise Concerns About Political Influence

US President Trump will soon appoint a new Federal Reserve Board governor and Bureau of Labor Statistics head, raising concerns about political influence on interest rates and economic data credibility due to potential partisan appointments.

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48% Bias Score

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cbsnews.com
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High-Yield Savings Accounts Remain Valuable Despite Imminent Fed Rate Cut

With a >91% probability of a September 2025 Fed rate cut, high-yield savings accounts (currently offering 4.25%-4.35% interest) remain a valuable option due to the likely small rate reduction, their superior returns compared to traditional accounts, and the flexibility they provide compared to CDs i...

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cbsnews.com
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Home Equity Lending: Weighing HELOCs Against Fixed-Rate Loans in Current Market

With average home equity exceeding \$300,000 and high interest rates on alternative financing, homeowners are considering \$100,000 HELOCs for lower interest rates; however, rate cuts' impact on HELOC payments and the viability of fixed-rate home equity loans need careful consideration before procee...

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48% Bias Score

Reduced Inequality

Showing 253 to 264 of 1,742 results