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what is the interest on£ 50,000 with Halifax guaranteed reserve
Lending Tree, Bank Rate and Zillow all have the current interest rates for refinancing your mortgage. Chase and Capital One do also, and the Federal Reserve has a tool on their site to calculate your specific rate.
repo rate - is the interest rate that reserve bank use to charge commercial banks repo rate - is the interest rate that reserve bank uses to charge commercial banks
Mortgage rates or the interest rates for home loans are affected by a variety of factors. More often than not, they are influenced by supply and demand. A strong economy results in more borrowing which in turn results in higher interest rates. Conversely, with the softening of an economy, borrowing goes down and so does interest rates. The Federal Reserve can also influence interest rates through raising or lowering the discount rate which is the interest rate banks are charged when they borrow money from the Federal Reserve. Read more http://www.housingnewslive.com/mortgage-rates.php
In the current US Recession, there's very little difference since interest rates have been artificially lowered by the Federal Reserve. A higher interest account consists of having your money frozen such as a CD for an extended period of time (i.e. Five years).
what is the interest on£ 50,000 with Halifax guaranteed reserve
Lending Tree, Bank Rate and Zillow all have the current interest rates for refinancing your mortgage. Chase and Capital One do also, and the Federal Reserve has a tool on their site to calculate your specific rate.
Many factors effect the interest rates. The Federal Reserve through the FOMC sets the discount rate. Market participants who buy and sell bonds also set the interest paid by such bonds and other fixed income instruments.
The current cash reserve ratio (CRR) in India set by the RBI is 5% as on 21st august, 2009.
The Federal Reserve (The Fed)
The legal reserve ratio is the minimum percentage of deposits that banks are required to keep in reserve, as mandated by the central bank. The specific ratio varies by country and may change over time based on economic conditions and monetary policy. It is used to ensure banks have enough liquid assets to cover withdrawals and maintain stability in the financial system.
Earnings of the Federal Reserve System are primarilyderived from the interest the Federal Reserve Banks receive from their holdings of securities acquired from their open market operations along with interest from loans made to member banks.
the cost of borrowing money
lower interest rates.
the cost of borrowing money
The current reserve ratio for net transaction accounts totaling more than $43.9 Million is 10%. Source: http://www.federalreserve.gov/monetarypolicy/reservereq.htm#table1
7%