Banks Paying Savers Again After Years of Low Rates
Americans are finally reaping some benefit from keeping their money in the bank.
World Shares Slip Ahead of Fed Interest Rate Decision
World shares were mostly lower on Wednesday as investors waited for a decision by the Federal Reserve on interest rates.
Mortgage Applications, Interest Rates Continue to Climb
The Market Composite Index, a measure of mortgage loan application volume, increased 0.3 percent on a seasonally adjusted basis from one week earlier.
Mortgage Rates Inch Up After Holiday; Purchases, Refis Also Rise
Mortgage applications increased 4.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Dec. 1, 2017.
Boston Fed President Expects 2 Percent Inflation By Next Year
Speaking at a conference in Boston Friday, Eric Rosengren said he also expects current low inflation, the main factor that could hamper projected interest-rate hikes, to get much closer to the Fed’s 2 percent target next year.
