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RBI MPC meeting: As the RBI has reduced the repo rate by 125 bps in 2025, the monthly home loan EMI of a ₹50 lakh loan taken at 9% per annum for 20 years (240 months) at the beginning of 2025 would ...
Last week, the Federal Reserve delivered a quarter-point rate cut at the close of its October meeting, lowering the benchmark rate to a range of 3.75% to 4%, with the goal of helping to ease borrowing ...
Homebuyers and owners looking to refinance may have more than just the holidays to focus on this month. With mortgage rates steadily declining this year and optimism that they may drop again this ...
Interest rates are a key feature of many credit cards and play a big part in the potential fees you may be charged for carrying a balance. If you already carry a balance on your credit card, you're ...
Fresh figures released by the Australian Bureau of Statistics shows household spending rose by 1.3 per cent in October in nominal terms. This was the highest monthly increase since January 2024, with ...
With eight years of experience as a financial journalist and editor and a degree in economics, Elizabeth Aldrich has worked on thousands of articles within the realm of banking, economics, credit ...
The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move. Jerome Powell, the central bank’s chair, said “we haven’t made any decision about ...
The average rate on a 30-year U.S. mortgage ticked down modestly this week, remaining in the same narrow range of the past two months.
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday (December 5, 2025) voted unanimously to reduce the policy repo rate by 25 basis points (bps) to 5.25% with immediate ...