China’s short-term money rates jump on tighter month-end cash conditions

S.Korean game producers chase NFTs in real-money boost for players and firms

SHANGHAI, Nov 30 (Reuters) – China’s short-term money rates spiked on Tuesday amid tight liquidity conditions in money markets, as financial institutions sought cash to meet month-end administrative requirements.The volume-weighted average of seven-day repo traded in the interbank market rose more than 12 basis points to 2.3732% — the highest level since Sept. 29.The volume-weighted … Read more

Today’s Mortgage Rates Jump Over 3.6% | November 24, 2021

Today's Mortgage Rates Jump Over 3.6% | November 24, 2021

The average rate for a 30-year fixed-rate mortgage is 3.65%, an increase of 0.103 percentage points from yesterday. Rates were higher across all loan types, with the rate for a 30-year refinance loan increasing to 3.796%. Although rates have moved higher over the past two days, they remain near historic lows. Well-qualified borrowers planning on … Read more

Key inflation measure records biggest jump in more than 30 years

Key inflation measure records biggest jump in more than 30 years

Over the past 12 months, prices climbed 6.2% — the biggest increase since November 1990.Stripping out food and energy prices, which tend to be more volatile, the index rose 4.6% over the same period, the biggest jump since August 1991.The overall price index rose 0.9% in October alone, adjusted for seasonal swings, significantly more than … Read more

Tomorrow’s Top 25 Today: Michigan State makes key jump in college football rankings before playoff release

Tomorrow's Top 25 Today: Michigan State makes key jump in college football rankings before playoff release

What makes Sunday’s updated college football rankings in the AP Top 25 and Coaches Poll so interesting is the fact that they come not just on Halloween but in advance of the first release of the College Football Playoff Rankings. The AP Top 25 and CFP Rankings have rarely aligned, and this week begins a … Read more