Posts Tagged ‘interest’

Eurozone inflation rate rises to 3 percent

Linda Young – AHN News Writer Brussels, Belgium (AHN) – Inflation in the eurozone rose to 3 percent in September, up from 2.5 percent in August, according to the initial estimate by the European Union statistics agency. That is the highest rate of inflation in the region during the past three years. The spike in [...]

European Central Bank hikes interest rates to 1.5 percent

Vittorio Hernandez – AHN News Frankfurt, Germany (AHN) – The European Central Bank raised on Thursday key lending rates by a quarter point to 1.5 percent. The rate hike aims to curb inflation, said ECB President Jean-Claude Trichet. He hinted of more benchmark rate increases in the future, despite weak economic growth in southern Europe [...]

European Central Bank leaves interest rates alone for now while signaling increase coming soon

Linda Young – AHN News Writer Brussels, Belgium (AHN) – The president of the European Central Bank president made comments that indicate eurozone interest rates could go up next month. The ECB announced Thursday that for the time being interest rates would hold steady at 1.25 percent. At the same time he made that announcement, [...]

Rate reprieve may not last long

BORROWERS will be spared an interest rate rise tomorrow, but their luck may soon change, economists say. View full post on All Stories

Without Loan Giants, 30-Year Mortgage May Fade Away

If Fannie Mae and Freddie Mac shut down, interest rates would rise for most borrowers, but urban and rural residents could see sharper increases than customers in the suburbs. View full post on All Stories

Reserve Bank leaves interest rates steady

THE central bank has spared borrowers an interest rate rise, leaving the cash rate at 4.75 per cent in a widely expected move. View full post on All Stories

Borrowers tipped to be spared rate rise

Home borrowers are tipped to be spared an interest rate rise this week but the relief is likely to be shortlived. View full post on All Stories

Mortgage rates hit 10 month high: economic recovery takes hold

Stomp. Stomp. Stomp. That was the sound mortgage brokers and borrowers heard this week as interest rates on home loans marched inexorably upward. View full post on All Stories

More credit card borrowers to be denied advertised rate

Millions more people who apply for credit cards and personal loans will be refused the advertised interest rate and offered a less attractive deal under new EU rules that come into effect this week. View full post on All Stories

Spike in eurozone inflation prompts interest rate fears

THE latest increase in inflation sets stressed Irish borrowers on a collision course with booming German manufacturers. View full post on All Stories

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