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Interst Rates

Brexit: What Cometh Now?

Shohini Kundu | Posted 07.13.2016 | World
Shohini Kundu

One camp believes that as the UK retreats within its domestic borders, there will be a flight of capital to larger safe-haven economies, driving down the British sterling, and thereby increasing the cost of imports.

Mortgage Rates Extend Rising Streak to 6 Weeks

Richard Barrington | Posted 08.14.2013 | Business
Richard Barrington

It's starting to look like more than just a temporary blip. On June 13, mortgage finance company Freddie Mac announced that mortgage rates rose for the sixth consecutive week -- and the impact on mortgage activity is already starting to be felt.