Fed Enacts First Interest Rate Cuts Since 2020, a Welcome Relief for Senior Living M&A
The U.S. Federal Reserve on Wednesday slashed interest rates by 50 basis points, setting the stage for an uptick in senior living lending and dealmaking.
The Fed just cut interest rates. Time to tap your home equity?
On the other hand, home equity loans typically have fixed rates, set when you take out the loan. So, if you currently have a HELoan, its rate won’t change with the Fed’s cut. You might want to consider refinancing to snag those lower rates. (More on that later.) Of course, new home equity loans can, and do, reflect any rate change by the Fed.
The Fed just announced a jumbo-sized interest rate cut
The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The bold, but not unexpected, half-point move paves the way for lower borrowing costs on everything from mortgages to credit cards.
Stock Market Today: Dow, S&P 500 end nearly flat ahead of Fed interest-rate decision
Yields on U.S. government debt ended higher on Tuesday after August retail-sales data came in better than expected. Ten- and 30-year yields closed at 3.641% and 3.953%, respectively — the second-lowest closing levels of the year,
Investors Betting On 50 Basis Point Rate Cut: Expert Says Market Pressure Could Sway Fed's Decision
Anticipation is growing among investors for a 50 basis point interest rate cut by the Federal Reserve, a move that could sway the central bank’s decision, says BMO‘s head of U.S. rates strategy.
MicroStrategy announces third debt offering of 2024, plans to raise $700M
Technology company MicroStrategy (Nasdaq: MSTR) has announced its third debt offering of 2024, aiming to raise $700 million ...
The World Is Drowning in Debt. Where the Next Crisis Could Start.
The U.S., Europe, and Asia are all struggling with excessive debt loans, Desmond Lachman writes in a guest commentary.
Business Insider7d
Green Thumb Industries Refinances its Senior Debt Via Syndicated Credit Facility
Closes $150 million 5-year credit facility at an industry-leading interest rate of SOFR +5.00% Utilizes proceeds to retire existing senior secured debt, due April 30, 2025 Oversubscribed ...
Livewire Markets13d
Why the capital stack matters for debt returns
Private debt has emerged as an attractive investment option, offering higher returns when compared to other fixed income ...
Americans face credit hit as student debt goes delinquent again
Millions of Americans are falling behind on student loan payments a year after the pandemic freeze ended – and soon that will ...
How one mom avoided financial reality as credit card debt piled up
Some consumers might not see any reduction in rates on credit cards because they're dealing with penalty rates that won't ...
Yahoo Finance8d
Kosmos to Repay Debt with $500MM Senior Notes Offer
Kosmos Energy Ltd. has priced $500 million in aggregate principal amount of 8.750% senior notes due 2031, some of which will go to pay outstanding debt. The offering is expected to close Sept.
CBS News12d
Here's when debt consolidation is worth it (and when it's not)
alternative debt relief strategies may prove more beneficial in the long run. Angelica Leicht is senior editor for Managing Your Money, where she writes and edits articles on a range of personal ...
CNET10h
The Best Savings and CD Rates This Week: Rates Hover Over 5%, but Not for Long
With interest rates poised to drop following the Fed news, these savings accounts and CDs will boost your interest earnings.
中国日报网1d
Budgetary prowess seen key to debt management
Strengthening budget management and intensifying accountability for any deviations will be key to addressing risks associated ...