Interest Rates

Negative Rates Have Danish Banks Snapping Under Pressure
Negative Rates Have Danish Banks Snapping Under Pressure
August 28, 2019  |  International

Seven years of negative central bank rates in Denmark have financial institutions in a tailspin, Bloomberg reported on Wednesday (Aug. 28). Sydbank and Jyske Bank...

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Near-Record Low Rates Trigger Refi Wave Among US Homeowners
Near-Record Low Rates Trigger Refi Wave Among US Homeowners
August 18, 2019  |  Loans

U.S. mortgage refinancing is on the uptick as fears about fluctuating global markets cause a drop in interest rates, the Financial Times reported Sunday (Aug....

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Negative Interest Rates And Negative Ripple Effects
Negative Interest Rates And Negative Ripple Effects
August 16, 2019  |  Loans

Please take out a loan. Stimulate the economy. We’ll pay you to do it. News came this week that Jysek Bank, a Danish bank that...

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State Regulators Investigate Payday Advances
State Regulators Investigate Payday Advances
August 08, 2019  |  Alternative Finances

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the...

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Average US Credit Card Rates Top 27 Pct. In May
Average US Credit Card Rates Top 27 Pct. In May
August 06, 2019  |  Economy

It costs more than ever to pay with a credit card in the U.S., with many consumers paying 17 percent, the highest rate in the...

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Swiss Franc Weakens On Impending US And Europe Rate Cuts
Swiss Franc Weakens On Impending US And Europe Rate Cuts
July 29, 2019  |  International

In the face of impending rate cuts in the U.S. and Europe, the Swiss central bank has taken steps to weaken the Swiss franc and...

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FOMO: The (Literal) Land Grab For Real Estate Startups
FOMO: The (Literal) Land Grab For Real Estate Startups
July 22, 2019  |  Investments

Call it groupthink, on a grand scale, to the tune of billions of dollars. Call it FOMO. But then again, YOLO. So why not stake...

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Trump Makes Two New Nominations To Fed
Trump Makes Two New Nominations To Fed
July 03, 2019  |  Bank Regulation

President Trump has made two new nominations to the U.S. Federal Reserve. According to his tweets and reports, he wants to fill two board vacancies...

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Deep Dive: Why CU-Issued Credit Cards Face An Uphill Battle
Deep Dive: Why CU-Issued Credit Cards Face An Uphill Battle
June 21, 2019  |  Credit Unions

Customers weigh various factors when selecting their financial institutions (FIs). A recent study conducted by financial services provider Kasasa and The Harris Poll found approximately...

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