Reserve Bank leaves interest rates on hold at 2.25pc

The Reserve Bank has left interest rates steady at a record low 2.25 per cent, disappointing many traders who had priced in an April rate cut.

US study: 3 in 4 teens drive, with rates lowest in Hawaii and highest in the Dakotas

Hawaii had the lowest percentage of teen drivers, at 53 per cent. North Dakota and South Dakota had the largest proportions, at about 90 per cent. The teen driving rate in the U.S. was as high as 85 per cent a decade ago but has been declining, earlier research found. The Centers for Disease Control and Prevention study released Thursday found roughly 75 per cent of teens 16 and older are drivers.

U.S. mortgage applications rise in latest week: MBA

NEW YORK – Applications for U.S. home mortgages rose last week as interest rates dropped to their lowest level since February, an industry group said on Wednesday.

Cash rate cut or not, 'many borrowers can do better'

Difference between highest and lowest home loan rates on CANSTAR’s database could save borrowers hundreds per month.

US stocks mostly unchanged in afternoon, day after sell-off

NEW YORK U.S. stock indexes are flitting between slight gains and losses in afternoon trading, a day after a sell-off prompted by worries about higher U.S. interest rates and a stronger dollar. The euro fell to its lowest level in 12 years.

Mortgage rates lowest since 1968

Mortgage rates have sunk to their lowest levels since 1968 – the year US activist Martin Luther King Jr was shot and Hey Jude topped the charts.

10 Ways to Improve the Open Rates of Your Marketing Emails

Far from being "dead," email marketing still has one of the highest engagement rates and returns on investment of any marketing strategy.

China's central bank cuts rates again to boost economy

BEIJING China's central bank cut interest rates for the second time in three months Saturday, adding to signs the country's leaders are worried the economic slowdown is deepening too sharply.

Average US rate on 30-year mortgage rises to 3.80 percent

WASHINGTON Average long-term U.S. mortgage rates have edged up for a third straight week while remaining near their historically low levels reached in May 2013.

US existing-home sales slowed in January

US existing-home sales slowed to their lowest pace in nine months in December, despite very low mortgage interest rates, the National Association of Realtors said Monday. "January housing data can be volatile because of seasonal influences," said Lawrence Yun, NAR's chief economist.