Discover how the SIBOR, once Asia's key interbank lending rate, evolved into SORA, impacting loans and financial markets globally.

Learn how the current index value impacts variable-rate loans, affecting interest rates with indexed rates and margins. Essential for market-related financial decisions.

Ellington Financial is a REIT with low leverage, strong underwriting, $1B in unencumbered assets, and a floating preferred ...

Editorial Note: Talk Android may contain affiliate links on some articles. If you make a purchase through these links, we will earn a commission at no extra cost to you. Learn more. Understanding the ...

Federal Reserve governor Stephen Miran said the U.S. economy is "calling for large interest rate cuts" and warned that current monetary policy is "holding the economy back" by keeping borrowing costs ...

While it may be easy to consider today's mortgage interest rates too high compared to what they were at the start of the decade, the reality is that rates in 2020 and 2021 were the anomaly – not ...

30-year fixed refinance mortgage rates didn’t move at 6.4% today, according to the Mortgage Research Center. Rates averaged 5.41% for a 15-year financed mortgage and 6.06% for a 20-year financed ...

Tom Hayes, the former British trader jailed over the Libor interest rate scandal, has filed a $400 million lawsuit against UBS, alleging "malicious prosecution and corporate scapegoating" by his ...

NEW YORK (Reuters) -Tom Hayes, the former trader who was a face of the global Libor-rigging scandal before his conviction was overturned in July, sued his former employer UBS for more than $400 ...

Caroline Basile is Forbes Advisor’s student loans and mortgages deputy editor. With experience in both the mortgage industry and as a journalist, she was previously an editor with HousingWire, where ...

Britain’s regulator the Financial Conduct Authority (FCA) has published details of the state of readiness of the UK markets, for the end of LIBOR, the London Interbank Offered rate, a key interest ...

The rate on a 30-year fixed refinance dropped to 6.24% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.19%, and for 20-year mortgages, ...