Why bank deposit rates are not rising as much as loan rates after RBI's repo rate hikes
Friday, 17 November 2023 In the RBI's November Bulletin, economists Yuvraj Kashyap, Avnish Kumar, Anand Prakash, and Shubhangi Latey noted that the pace of increase in lending rates has outpaced the increase in deposit rates.
Mortgage Rates Creep Lower, While Home Prices Remain High.
NBC reports that mortgage rates have
finally started to come back down following
a dramatic rise in the housing market.
On November 16, Fannie Mae said
interest rates on 30-year fixed-rate
mortgages were down to 6.73%. .
In October,...