Archive for September, 2010

Avg. mortgage rate up to 4.35 pct. off decades-low thumbnail image

Avg. mortgage rate up to 4.35 pct. off decades-low

Mortgage rates mostly edged up last week as investors’ fears about the economy eased. Mortgage buyer Freddie Mac says the average rate for a 30-year fixed loan was 4.35 percent, up from 4.32 percent the week before. It was only the second rise

Investors, prepare for volatility thumbnail image

Investors, prepare for volatility

Investors are using options to brace for big swings next week as Wall Street enters the peak of the most volatile month for stocks historically. Options on the CBOE Volatility Index (.VIX), Wall Street’s so-called fear gauge, were one of the to

Wall Street ends week up, braces for busy trade thumbnail image

Wall Street ends week up, braces for busy trade

Wall Street ended a fairly quiet four-day week with gains as investors expected trade to resume full swing next week with a slew of keenly-watched indicators on the health of the US economy. This week saw trade moving mostly up as investors’ co

Source: Global regulators reach deal on financial reform thumbnail image

Source: Global regulators reach deal on financial reform

BASEL, Switzerland (Reuters) – Global regulators and central bank governors have reached a deal on Basel III, a sweeping reform that will force banks to hold more capital to withstand financial shocks, a source close to the process said on Sunday.

 

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