Investors are grappling with the rise in benchmark Treasury yields to 16-year highs after the Fed gave a hawkish longer-term rate outlook. The S&P 500 rebounded on Monday after last week it had its biggest weekly drop since March.
The Bank of England is likely to hike interest rates once again this week, possibly the last hurrah for one of the great tightening cycles of the last 100 years as a cooling economy begins to worry policymakers.
Where Interest rates ripples are being felt from external developments, mortgage brokers play a crucial role in helping home loan seekers. The post Interest rates ripples are being felt in the local home loan market appeared first on iCompareLoan.