Are record-low interest rates masking high-cost mortgage lending?

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time

The New York Times rambles, and mangles mortgages along the way

Mortgage finance and mortgage regulation aren’t the paper’s strong suits
W S

European central banks hold rates steady

/ Print / Reprints /
| Share More
/ Text Size+
The two most important central banks in Europe chose Thursday not to change their interest rates, despite recent suggestions that some monetary authorities might re-double efforts to stimulate economic activity. In Frankfurt, the European Central Bank left its benchmark interest unchanged at 1%, while the Bank of England kept its key rate at 0.5% and decided not to expand its debt purchasing program for now. In Britain, there have been signs that some policy makers would consider a new round of debt purchases to revive an economic recovery that had lost steam. Many economists expected that support for expanding the program to buy mainly government debt, which was halted at £200 billion, or $317 billion, almost a year ago, would gain momentum from this week’s committee meeting at the bank.

Recent Articles by Jason Philyaw

Comments powered by Disqus