Today news
About the same in other media
22.04 - 17:49
Interest-Rate Surge Ripples Through Economy, From Homes to Car Loans
Reading now: 584
The market is finally getting the message that the era of cheap money is ending.
Just look at mortgage rates. At the beginning of 2022, the average interest rate on a 30-year mortgage hovered above 3%. Today it stands at 4.72%, according to Freddie Mac . That translates into sharply higher borrowing costs for Americans looking to buy a home—and it is only the beginning.
Read more on wsj.comAbout this in other media
Bitcoin 'tribalism' is holding the crypto industry back, Ripple CEO says cnbc.com /2 years ago
Fed's Bostic expresses caution about the pace of interest rate hikes cnbc.com /2 years ago
Soaring food prices push more Cargill family members on to world’s richest 500 list theguardian.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
