Tag Archives: Interest

Coronavirus scare, lowered interest rates could be chance to refinance your home

Mortgage rates fell dramatically on the ongoing coronavirus scare, giving homeowners more room to refinance their mortgages. Financial, Economic and Money News – USATODAY.com

Read More »

Is that 0% interest card a good bargain? Yes. But many Americans don’t know it

Americans often leap at credit cards that allow them to transfer balances for 0% interest, but they don’t really get how those cards work. Financial, Economic and Money News – USATODAY.com

Read More »

Sen. Tom Cotton decries the ‘historical ignorance’ of those who criticized Trump’s interest in buying Greenland

In an op-ed, the Arkansas Republican argued that purchasing the island from Denmark was keeping with U.S. tradition. PowerPost

Read More »

Those Fed cuts are adding up. Here’s how lower interest rates affect credit card, mortgage and savings rates

A third Fed rate cut since July would shave borrowing costs on credit cards, home equity lines and other debt. Savers will be pinched. Financial, Economic and Money News – USATODAY.com

Read More »

PNC Bank Using Ripple XCurrent — Is Interest in Blockchain Rising?

PNC Bank begins RippleNet-based international payments, signaling interest by the banking sector Cointelegraph.com News

Read More »

Initiative to Curtail Negative Interest Rates Gains Traction in Germany

Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend and are pushing for adequate protection for the ordinary small saver, who is often their voter ...

Read More »

Major Swedish Bank Orders Negative Interest Rate on Euro Deposits

Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right now, unlike cryptocurrencies lately, leads to losses, although loans and mortgages ...

Read More »

Normalizing Negative Interest: It’s Flabbergasting How Closely Media Parrots the Government

Negative interest rates have been making big headlines lately, as several countries and big banks are now experimenting with the unorthodox monetary policy. While typically viewed as a last-ditch effort to shock some life back into struggling economies, these policies are getting a shiny new spin thanks to mainstream media outlets promoting government talking points and agendas. Instead of facing ...

Read More »