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Spending on home renovations slows, but high remodeling costs mean little relief in sight for buyers
NBC 10 - FOX 14 Monroe· 1 hour agoLOS ANGELES (AP) — Homeowners have been spending more on home renovations in recent years, as high...
How do interest rates affect me and when will they come down?
BBC via AOL· 1 day agoWhen inflation is high, the Bank - which has a target to keep inflation at 2%- may decide to raise...
Bank of England clears path for its first rate cut since 2020
Reuters· 22 hours agoThe Bank of England paved the way on Thursday for the start of interest rate cuts as soon as next...
Bank of England likely to move closer to first rate cut since 2020
Reuters· 1 day agoThe central bank is widely expected to keep its benchmark Bank Rate on hold for a sixth meeting in a...
Best CD rates today: Look no further for flexible CD terms topping 5% APY — May 8, 2024
AOL· 2 days agoGuaranteed fixed rates of return on your principal can protect your earnings from market fluctuations, offering the potential to balance out riskier investments or diversify your portfolio.
Heavy focus on June rate cut would be 'ill advised', BoE's Pill says
Reuters· 52 minutes agoBetting too heavily on a Bank of England rate cut at its June rate meeting would be a bad idea, BoE...
The charts that point to a summer interest rate cut
The Telegraph via Yahoo Finance· 20 hours agoSome of this is locked up in high-interest fixed-term accounts, so families could not spend it even if they wanted to. Aside from the pandemic lockdown,...
Morning Bid: Rate cut hopes fan risk rally
Reuters· 9 hours agoInvestors are wearing their risk-on hats ahead of the weekend as renewed hopes of monetary easing take hold, a day after the Bank of England opened the...
Rates Fall for Prospective Buyers: Mortgage Interest Rates for May 9, 2024
CNET· 1 day agoThe average 30-year fixed mortgage interest rate is 7.19% today, down -0.18% compared to one week...
Highest savings rates today: Sock away savings with bigger yields on a high-interest account — May...
AOL· 3 days agoNo matter how much you've got to save, the higher the interest rate, the faster your money can grow....