Formosa bonds are listed in Taiwan but issued by foreign companies and denominated in US dollar. Their name — a 16th century-vintage Portuguese term for Taiwan meaning “beautiful island” — was chosen ...

When rates rose at the end of 2024, buyers pulled back. Pending home sales, which refer to the number of contracts signed to purchase a home, fell 5.5% in December. It was the first drop in five ...

The Bank of England is expected to cut interest rates from 4.75% to 4.5% next week in a move that could have wide-reaching ...

The rate on a 30-year fixed refinance fell to 6.93% today, according to the Mortgage Research Center. Rates averaged 5.87% ...

It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...

The rate on a 30-year fixed refinance fell today. Refinancing rates for a 30-year, fixed-mortgage are averaging 7.31%, ...

Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...

The mortgage rate drop provides little relief for prospective shoppers looking ahead to the spring homebuying season.

The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying ...

These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down further.

The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.