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Since 2022, refinancing activity has gone down in response to surging mortgage rates. But with inflation normalizing and the Federal Reserve positioning itself to cut interest rates next month, mortgage rates should gradually decline. As that happens, more homeowners, especially those with high rates on their home loans, will benefit from a refinance. As mortgage rates fall, you might choose

The high interest rate environment has done little to dampen the appetite for credit products, a recent TransUnion report said. The report said that in the first quarter of 2024, when counted together, consumers had more than 543 million bank cards in their wallets, an increase of 20 million year over year and more than 88 million from just three years ago. Not only do more Americans have bank

Brazil’s central bank president said it’s necessary to understand that there are several reasons why the country’s neutral structural interest rate is so high, including fiscal policy, and it’s important to fight the cause of the problems. If interest rates on their own were the cause, it would be just a matter of lowering them, Roberto Campos Neto said Saturday at an event in the city of

(Bloomberg) -- President Gustavo Petro lashed out at Colombia’s central bank Wednesday evening, saying that the country’s weak economic growth is due to restrictive interest rates that are throttling internal demand. • None US Inflation Ebbs for First Time in Six Months in Relief for Fed • None Flood of China Used Cooking Oil Spurs Call to Hike US Levies His comments come on the heels of a