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With the 10-year Treasury yield at its highest since July 2007, mortgage rates have moved firmly above 7%. Processing Content The Freddie Mac Primary Mortgage Market Survey put the 30-year fixed at 7.03% as of Sept. 24, 2026, up 8 basis points from last week’s 6.95%. It’s the first reading above 7% since the week…
She called the project “really exploratory,” saying it would mainly benefit large companies moving large sums through “more sophisticated transactions.” Large producers could settle accounts far faster than their typical 30-day window, Cristian Bravo, professor and Canada Research Chair in banking and insurance analytics at Western University, said, calling instant settlement a fix for market…
He suggested that Americans had become accustomed to rates in the sixes after the initial shock of their spike from the threes – but said they’re less comfortable with a further tilt higher. “Over the course of the past year, people have grown used to 6.25%, 6.5%,” he said. “But as it’s pushing 6.8%, or…
The UK’s Financial Conduct Authority published a wide-ranging review of artificial intelligence in retail financial services today (Monday), the first of its kind commissioned by a financial regulator globally, the FCA said. The report, led by FCA executive director Sheldon Mills and known as The Mills Review, concludes that AI is likely to reshape how…
iFOREX Revises Earnings Forecast; AvaTrade to Close Polish Office iFOREX Revises Earnings Forecast; AvaTrade to Close Polish Office iFOREX Revises Earnings Forecast; AvaTrade to Close Polish Office iFOREX Revises Earnings Forecast; AvaTrade to Close Polish Office iFOREX Revises Earnings Forecast; AvaTrade to Close Polish Office iFOREX Revises Earnings Forecast; AvaTrade to Close Polish Office Today’s…
Mitrade renewed its sponsorship of the Argentine Football Association into 2027, the CFD trading platform said today (Tuesday). The announcement came nine days after Argentina lost the World Cup final 1-0 to Spain at MetLife Stadium in East Rutherford, New Jersey. Mitrade’s release describes AFA as home to the three-time world champions, a count this…