Browsing Tag
basis points
UPDATE 1-Brazil’s public debt rises 0.05% in January as interest rates rise
(Adds data, context)BRASILIA, Feb 23 (Reuters) - Brazil's federal government debt rose 0.05% in January from December to 5.616 billion reais ($1.120 billion), the Treasury said on Wednesday. interest rates rising as the central bank…
Business News | SBI raises interest rates on long-term FDs by up to 15 basis points
New Delhi Feb 16 (ANI): The country's largest lender, the State Bank of India (SBI), has raised fixed deposit (FD) interest rates by up to 15 basis points or 0.15% effective of February 15, 2022.The interest rate on…
Interest rate uncertainty may lead to choppy trading on Wall Street
Major US index futures are currently pointing to a roughly flat open on Friday, with stocks likely to show a lack of direction after yesterday's selloff.Uncertainty about the outlook for interest rates could lead to choppy trading on…
Positive Multifamily Financing Outlook Despite Volatility and Interest Rates
2021 has been an exciting year in the multi-family finance market, and for Berkadia Mortgage Banking - we have generated over $40 billion in volume for our clients across our various lender programs, an increase of 50% over compared to our…
Why are investors panicking about interest rates? Science has the answer!
Image source: Getty Images
If you've ever read financial news before, you've probably noticed a strange phenomenon: Investors are really concerned about interest rates — really, really, really concerned about interest rates.…
Worried about a looming recession, U.S. online lenders cut risk
NEW YORK (Reuters) - U.S. online lenders such as LendingClub Corp, Kabbage Inc and Avant LLC are reviewing loan quality, securing long-term funding and cutting costs, as executives prepare for what they fear to be the first economic…
Online lenders charge minority borrowers significantly more, as do human loan officers
Online and human lenders earn 11-17% more profit on minority borrowers by charging higher rates to African Americans and Latinos, the study found. Black and Latino consumers pay 5.6 to 8.6 basis points higher interest on home-purchase…
What does the rate hike mean for online lenders?
Murat Giray Kaya | E+ | Getty Images The past half-decade has been a gold rush for new online lenders. As banks drown in regulation and the explosion of big data opens up space for more new entrants, a wave of web-based lending…