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Interest Rate

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  • South Korea October bank lending to households up most on record

    SEOUL (Reuters) - South Korea's bank lending to households in October rose by the biggest monthly amount in nearly seven years, led by mortgage borrowings, central bank data showed on Wednesday, a day before its monthly policy meeting.
  • U.S. CFTC pushes back electronic trading mandates for some swaps

    CHICAGO (Reuters) - The Commodity Futures Trading Commission will push back a deadline to require that more swaps trade on electronic trading platforms, to give market participants more time to prepare, the agency's chairman said on Wednesday. The CFTC...

    Loan gives low-income borrowers a chance to build equity fast

    Two major banks have agreed to originate a new 15-year mortgage under pilot programs aimed at low- and moderate-income borrowers. In addition, the creators of the so-called Wealth Building Home Loan, which allows home buyers to build equity at a much...

    Back to school for your money: bonds

    Now that the kids are back to school, it's time to hit the books for you and your money. For the next few weeks, I am going to cover basic financial and investment concepts that seem to flummox people. When I wrote about bonds a couple of years ago, I...

    Young homeowner ponders becoming real estate investor

    By Ilyce Glink and Samuel J. Tamkin Q: I am 26, live in Nashville, and just bought my first place. I am doing great, but I'm not sure of what to do next. I am in a 30-year mortgage, which allows me to save a nice portion of my paycheck after my...