Recession hurts governments’ deposit interest: Earnings at lowest level in years. SOUTH BEND — The recession’s record-low interest rates and sluggish demand for investments dug into the interest income local governments earned last year on their bank deposits. Read more on South Bend Tribune
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Recession hurts governments’ deposit interest: Earnings at lowest level in years.
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Rates on 30-year and 15-year fixed mortgages fall to their lowest levels on record
Rates on 30-year and 15-year fixed mortgages fall to their lowest levels on record NEW YORK – Rates on 30-year and 15-year fixed mortgages fall to their lowest levels on record. StarTribune.com welcomes and encourages readers to comment and engage in substantive, mutually respectful exchanges over news topics. Read more on Minneapolis-St. Paul Star Tribune
Average rates for fixed mortgages fall to 4.49 pct., lowest level on record
Average rates for fixed mortgages fall to 4.49 pct., lowest level on record WASHINGTON – U.S. mortgage rates dropped to the lowest level on record for the sixth time in seven weeks, offering the most attractive opportunity Read more on Canadian Business
T-bill interest rates fall to lowest levels in 3 weeks
T-bill interest rates fall to lowest levels in 3 weeks WASHINGTON – Interest rates on short-term Treasury bills fell in Monday’s auction to the lowest levels in three weeks. The Treasury Department auctioned $30 billion in three-month bills at a discount rate of 0.150 percent, down from 0.165 percent last week. Read more on Minneapolis-St. [...]
Mortgages are lowest in several decades
Mortgages are lowest in several decades Mortgages are cheaper today than they’ve been in several decades. If only most people had the job security, the credit score and the cash to qualify. The average rate for a 30-year fixed loan sank to 4.69 percent this week, beating the low set in December and down from [...]