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The interest rate tumble The interest rate tumble * Americans haven't seen anything like it in years. High interest rates--a bugaboo for consumers, business, Wall Street and ......(Continue Reading)Locking in a superlow mortgage rate: if you fit one of these profiles, ditch the 30-year loan for a cheaper variety Home buyers and refinancers can still get a 30-year mortgage at 7% without paying a mint in closing costs. (For good deals, check the tables on the ......(Continue Reading)An analysis of commercial bank exposure to interest rate risk Conditions affecting interest rate risk among banks are examined using a simple model based on Call Report data. This model has proven useful in analyzing ......(Continue Reading)Chopping the economy down; the Federal Reserve's interest rate hikes are starting to undercut the housing industry The increase in interest rates is likely to slow the construction, purchasing and refinancing of homes. People with adjustable rate mortgages are among ......(Continue Reading)The terminator: Alan Greenspan's interest rate hikes could kill off the economic expansion Greenspan's attempt to slow inflation with five interest-rate hikes in 1994 is unnecessary and detrimental to the economic recovery. Growth in wages, consumer ......(Continue Reading) |