The bank discount rate is a calculation of the interest investors earn on short-term instruments such as Treasury bills.
A high discount rate causes loans to be more expensive and encourages people to save more money. This could be considered ...
Directors at two-thirds of the Federal Reserve's regional banks voted to leave the interest rate charged to commercial banks for emergency loans unchanged ahead of last month's Fed meeting, minutes of ...
Top U.S. mortgage lender United Wholesale Mortgage (UWM) is offering discounted rates on some government loans until January for brokers to create their own “refi boom,” the company announced on ...
A discounted rate mortgage is a variable rate mortgage where the interest can rise or fall from month to month. Find out more about how discounted rate mortgage deals work, and the pros and cons, in ...
Chase Home Lending recently announced a limited-time, nationwide interest rate discount that is designed to help homeowners save on their monthly mortgage payments. The offer is in effect through ...