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Banking

RBI Begins Policy Meeting With a Rate Hike in Focus: What It Could Mean for Borrowers and Savers

Rohan Kumar
by Rohan Kumar2 235
Millions of Indian households with loans, deposits or both will be watching Mumbai closely this week. The Reserve Bank of India’s Monetary Policy Committee began...
BankingLifestyle

Americans Feel Secure in Their Jobs, but Savings Cushions Are Thinning, New Survey Finds

Rohan Kumar
by Rohan Kumar2 127
American consumers say their jobs feel safe, but the cushion of savings behind them is wearing thin, according to a new survey that points to...
BankingLifestyle

US Mortgage Rates Climb Above 7% as Treasury Yields Surge, Squeezing Homebuyers

Rohan Kumar
by Rohan Kumar041
For millions of would-be homebuyers, the most important number in the American economy this autumn has crossed a psychological line. The average rate on a...
Banking

Mortgage Rates Top 7% for the First Time Since January 2025, Adding Strain to Home Buyers

Rohan Kumar
by Rohan Kumar167
WASHINGTON — For would-be home buyers already stretched by high prices, another hurdle has arrived. Mortgage rates have moved above 7% for the first time...
Finance

US 30-Year Treasury Yield Hits Highest Level Since 2004 as Global Bond Sell-Off Deepens

Rohan Kumar
by Rohan Kumar025
NEW YORK — Long-term US borrowing costs have climbed to levels not seen in two decades. A global sell-off in government bonds, fuelled by inflation...
BankingLifestyle

US Mortgage Rates Climb Above 7% for the First Time Since January 2025, Straining Homebuyers

Rohan Kumar
by Rohan Kumar097
A New Hurdle for Homebuyers For prospective homebuyers already grappling with high prices and limited inventory, the housing market just became a bit more difficult...