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
Archive for September, 2010
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
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
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.









Twitter
RSS
Google buzz
Facebook