Business

Mortgage Refi Demand Eases As Rates Firm

Mortgage Refi Demand Eases As Rates Firm

The cut may not be good news for everyone, as interest rates for savers continue to be at their lowest, with annuities and gilts falling in value. Mortgage rates still haven't returned to their pre-Brexit territory but are back to where they were at the end of June, after the slide had started.


Kaine emerges as favorite in Clinton's VP search

Kaine emerges as favorite in Clinton's VP search

He laughed, saying: "I kind of know the rhythm of it". Secretary Vilsack who, like Kaine, has experience as governor - in Iowa, has the advantage of a close personal friendship with the Clintons. This was a marked difference from the stream of candidates that visited Clinton at her home in Washington last week. With Clinton rich in experience - she was President Barack Obama's first secretary of state, a two-term senator from NY, and a first lady - could the 68-year-old opt for star ...



Too early to assess Brexit impact on euro zone says ECB

Markets have been "resilient" since June 23, Mr Draghi said, and the recovery in the eurozone is proceeding at a "steady and moderate pace". The ECB president was speaking after it opted to leave interest rates unchanged in its first meeting since the United Kingdom voted to leave the European Union on 23 June - a result that sparked a slump in the pound and a rollercoaster ride for shares.


BBC radio: Bank of Japan's Kuroda rules out

BBC radio: Bank of Japan's Kuroda rules out "helicopter money"

In broader terms, the dollar is trading around its strongest since March against a basket of currencies, driven in the past week by a reheating of expectations for another rise in US interest rates before the end of the year. The euro held steady against the greenback in a choppy session after the European Central Bank opted to keep its record-low interest rates on hold, as expected.


Draymond Green:

Draymond Green: "Being me has gotten me this far"

During Golden State's historic 73-9 regular season, the forward averaged 14 points, 9.5 rebounds, and 1.4 blocks per game playing alongside back-to-back league Most Valuable Player Stephen Curry and three-point threat Klay Thompson. Green immediately regretted his actions, according to a police report that noted while Green was being walked to a patrol auto, Green said "some excited utterances, indicating that he was sorry for slapping the subject".


US move to seize assets piles pressure on Malaysian PM

US move to seize assets piles pressure on Malaysian PM

While Najib was not named, he was directly implicated in the complaints and must be accountable, Lim said. Authorities are expected to file lawsuits in the United States as soon as Wednesday morning the report said, adding the assets are expected to include properties and other assets purchased with money allegedly misappropriated from 1MDB.