Mortgage rates for June 16, 2021: Rates hold steady

Mortgage rates for June 16, 2021: Rates hold steady

Bruce Bisping/Getty Today, most of the major mortgage rates held steady. The 30-year fixed and 5/1 adjustable-rate mortgages remained flat. However, the 15-year fixed mortgage dropped. While mortgage rates always fluctuate, they have recently been at historic lows. If you’re considering buying a home, right now may be an ideal time to lock in a

Fragile Nigerian Recovery Means Interest Rate Could Stay on Hold

Fragile Nigerian Recovery Means Interest Rate Could Stay on Hold

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Nigeria’s central bank will likely keep its key interest rate unchanged on Tuesday after data showed the economy’s recovery remains weak. Gross domestic product in the continent’s biggest oil producer expanded 0.5% in the three months through March from a year earlier, the