Companies have extended their debt maturities, averting a ‘tsunami of defaults’ from higher rates, Bernstein says
anilakkus/Getty Images Investors can expect a "moderate default rate" in the next 12 to 18 months, Bernstein analysts wrote. Despite…
BlackRock CEO Larry Fink warns of stubborn inflation – but expects growth to accelerate this year if interest rates drop
BlackRock CEO Larry Fink. REUTERS/Ruben Sprich Inflation could prove harder to conquer than many people think, Larry Fink says. The…
Halifax cuts mortgage rates with other lenders expected to follow suit
WhatsNew2Day - Latest News And Breaking Headlines Halifax cuts rates by up to 0.92 percentage points The cheapest two-year solution…
This ‘magic number’ for mortgage rates will thaw the housing market and allow prices to drop, DoubleLine says
The 30-year mortgage falling to 5% could bring many current homeowners back to the market to list their house for…
Morgan Stanley’s James Gorman rates himself an A- CEO but says he doesn’t want to be the boss anymore
Morgan Stanley CEO James Gorman SAUL LOEB / Getty Images Outgoing Morgan Stanley boss James Gorman gave himself an A-…
From mortgage rates to home sales, here are Fannie Mae’s housing market forecasts for the next 2 years
BrianAJackson/Getty Images Fannie Mae outlined its housing market forecasts through 2025, including home sales and price growth. Lower borrowing costs…
Rates on the most popular US home loan drop to the lowest in 6 months
Interest-only mortgages were much more strictly regulated after the financial crisis, but now higher-income borrowers are turning to them as…
Mortgage rates could fall below 5% next year, emboldening US consumers and allowing banks to ‘re-liquify,’ Fundstrat’s Tom Lee says
Mortgage rates could fall as low as 4.75% next year, according to Fundstrat's head of research Tom Lee. Brendan McDermid/Reuters…
COVID-19 rates are rising again. What you need to know
People are getting infected with COVID subvariant JN.1, but there are ways to protect yourself, your loved ones and the…
Think your bank’s interest rates are bad? Just take a look at Japan
Customers at the Japanese banking corporation ATM machines of MUFG and Mizuho banks seen in Tokyo. Budrul Chukrut/SOPA Images/LightRocket/Getty Images…