interest

Australian Dollar to Decline on Interest Rate Outlook

The Australian dollar posted a significant decline this week and may extended its losses versus currencies like the U.S. and the Canadian dollar after policy makers affirmed that interest rates may not be hiked further in the short term, decreasing attractiveness for the Aussie dollar in currency markets.(…)Read the rest of Australian Dollar to Decline on Interest Rate Outlook (165 words)
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Steps You Can Take to Get Your Interest Rates Lowered

Some people are simply not aware of their level of power when it comes to credit card companies. Are you one that has thought in the past that there really is nothing you can do in regards to your payments or interest rates?
That is simply not true and here is some very good news [...]

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Canada Interest Only Mortgage

An interest-only loan is a loan in which for a set term the borrower pays only the interest on the principal balance, with the principal balance unchanged. At the end of the interest-only term the borrower may enter an interest-only mortgage, pay the principal, or (with some lenders) convert the loan to a principal and [...]

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Mortgage Interest Rates Move Down

Mortgage interest rates moved down this week. 30 Year rates feel back below 6 dropping from 6.10 last week to 5.94. 15 Year rates all fell quite a bit going from 5.78 last week to 5.63 this week. Below are rates for the major mortgage products for the last few weeks.
October 9, [...]

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Mortgage Interest Rates Are Falling

During times of economic slowdown, the Federal Reserves Bank decides on the appropriate measures how to deal with the situation. There are two main economic policies on how to fix an ailing economy. One is through fiscal policy wherein taxes and government spending are being dealt, while the other is through monetary policy of central [...]

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New Zealand Dollar Tumbles as RBNZ Disappoints on Interest Rates

The Reserve Bank of New Zealand kept interest rates unchanged at a record-low 2.5%. Although the outcome was widely expected, traders were clearly betting that policymakers will accelerate the timetable to begin raising the benchmark lending rate and sent the New Zealand Dollar tumbling when this proved not to be the case. Indeed, RBNZ Governor [...]

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