Trump Promises Lower Interest Rates, but the President Doesn’t Control Those
Thursday, 1 August 2024 () The Federal Reserve sets interest rates, and it operates independently of the White House. But rates could come down as inflation cools.
When interest rates are negative, lenders pay borrowers for holding debt. This means that someone gets paid interest for holding a loan, such as a mortgage or personal loan. As such, banks lose out..
New US Home Construction , Sinks to Slowest Pace in 4 Years.
Government data released on June 20 indicates that new home construction in America dropped in May to the slowest pace since June 2020,..
Credit: Wibbitz Top Stories Duration: 01:30Published
Mortgage Rates Continue , to Fall, Raising Hopes of the , Fed Cutting Rates.
ABC reports that borrowing costs for
home loans continued to ease this week,
with the average rate on a 30-year..
Credit: Wibbitz Top Stories Duration: 01:31Published
Thursday, 1 August 2024 ()
![Negative interest rates [Video]](https://video.newsserve.net/300/v/20240709/1720580680-Negative-interest-rates.jpg)
![New US Home Construction Sinks to Slowest Pace in 4 Years [Video]](https://video.newsserve.net/300/v/20240620/1379144182-New-US-Home-Construction-Sinks-to-Slowest-Pace.jpg)
![Mortgage Rates Continue to Fall, Raising Hopes of the Fed Cutting Rates [Video]](https://video.newsserve.net/300/v/20240620/1379139322-Mortgage-Rates-Continue-to-Fall-Raising-Hopes-of.jpg)
