Mortgage rates showed little movement Thursday as markets awaited the Federal Reserve’s rate policy decision next week. The average rate on 30-year fixed home loans registered 6.74% for the week ending July 24, down just barely from 6.75% last week, according to Freddie Mac. Rates averaged 6.78% during the same period in 2024. “This week,
And the government of Prime Minister Mark Carney did not table a spring budget, which it normally would use to outline its legislative priorities. Natacha Boudrias, leader of the National Bank of Canada’s open banking strategy, said the industry lacks “clarity” on the future shape of consumer-driven banking. She said the spring election likely stalled
The higher your credit score, the better your chances are to get approved for financial products — like personal loans — with a lower interest rate. Still, there are personal loans you can get if you have a fair or bad credit score. Some lenders cater to applicants with lower credit scores in the poor
As the Indian financial landscape evolves the importance of a healthy credit profile and a high credit score for securing affordable personal loans have never been cleaner. It is crucial to acknowledge the fact that even marginal improvements in your credit score can result in substantial savings on interest payments, thus making it important for
(WJAR) — Buy Now Pay Later loans have exploded in popularity. In fact, a new survey by LendingTree finds that 25% of Buy Now Pay Later users now using the installment loans for everyday essentials like groceries. But is that a smart idea? And what does that say about the state of the economy? “To
Householders are being warned they could be paying thousands of pounds more for their mortgage than they need. One simple mistake could see an extra £400 a month on a £200,000 mortgage. Aaron Peake, personal finance expert at free credit score service CredAbility, says thousands are overpaying because of a credit report error. For a