#interest-rates

#interest-rates

Market participants are cautious ahead of the ECB policy meeting, with the euro holding steady as a 'wait-and-see' approach prevails among policymakers amid global uncertainty.

The Insolvency Service reported 2,043 company insolvencies in England and Wales in June 2025, an 8% drop from May 2025 and a 16% decline from June 2024.

"The big banks' Q2 earnings results offer the first real pulse check for investors: are people borrowing? How's credit holding up?"

The refinance index decreased 7% from the previous week but was 25% higher compared to the same week last year, while refinance share rose to 41.1%.

Gavin Carter emphasized that the assumable mortgage he inherited allowed him to maintain a favorable 3% interest rate while purchasing his new home in Maryland.

The year-on-year inflation in the UK rose to 3.6% in June, a reminder that the battle against inflation is far from over for many households.

You can try to negotiate your credit card interest rate, but it all depends on your history with the bank, including your payment history.

The average annual percentage yield for high-yield money market accounts is currently around 4.30%, with some banks offering rates exceeding 5.00%.

Cuts to Medicaid while slashing tax rates for the wealthiest could add six trillion dollars to the national debt, with severe impacts on average Americans' financial well-being.

"Congress designed these programs to ensure that borrowers repay their loans, yet the Biden administration tried to illegally force taxpayers to foot the bill instead," Education Secretary Linda McMahon said.

Government bonds rose as the government has increased borrowing following Rachel Reeves' crying session on Wednesday during Prime Minister's Questions as Sir Keir Starmer refused to rule out the Chancellor staying in her position.

Interest rates have not dropped as much or as quickly as some would like, leading many to put off buying a home. Fewer qualified buyers combined with sellers on a timeline often contributes to decisions about price reductions.