The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on ...

Freddie Mac’s benchmark rate for a 30-year mortgage increased to 6.91% for the week ending January 2, 2025. With this week’s ...

From 2022 to 2024, annuity sales topped $1.1 trillion, according to Limra, a global research organization for the insurance industry. In 2023 alone, annuity sales increased 23 percent over the prior ...

The Federal Reserve is expected to cut rates further in 2025, paving the way for slightly lower borrowing costs for consumers ...

The FTSE 100 index finished 1.2% higher and the FTSE 250 index jumped 2.9%, having earlier been cheered by a surprise drop in ...

Barclays has confirmed these changes and explained: "Interest rates are banded until February 12, 2025. This means that ...

Bets on lower borrowing costs were also bolstered by inflation news coming out of the US, where data suggested the underlying ...

The pound fell on Thursday after data showed the British economy grew more slowly than expected in November, which could give ...

The system’s external debt is nearly one-third of domestic credit, however, the completion of numerous infrastructure ...

Inflation worries eased on both sides of the Atlantic, boosting markets and providing respite to beleaguered Chancellor ...

The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong ...

We knew that today's Consumer Price Index (CPI) was a hotly anticipated economic report that at least had the potential to ...