Tag Archives: low interest rates

Chinese get ‘real’ with savings

Chinese citizens, confronted with low interest rates at banks, are increasingly investing elsewhere for better returns, and with the stock market performing poorly, real estate is the most popular choice. That is raising concern that a lot of folk are going to get hurt when the market changes. – Olivia Chung

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Stocks end flat at start of busy week

NEW YORK – The stock market finished at about the same place where it started Monday as traders waited for a packed week of reports that will give them a better view of where the economy is headed. The Dow Jones Industrial Average remained stuck in a 52-point range throughout the day, ending the day 10 points above the 11,000 milestone. Bond trading was closed for Columbus Day. Traders have been pushing the stock market higher over the last two weeks, expecting that the Federal Reserve will act in the coming weeks to stimulate the economy and drive interest rates lower. If the Fed announces an expansion of its bond-buying program at its next meeting in early November, traders assume that investors will regain buying stocks because low interest rates will make bonds less appealing. Tom Samuels, managing partner at Palantir Capital Management, said the stock market has welcomed disappointing reports in recent days because that adds to the expectations the Fed will act soon. “The market is trying to convince itself that good news is good news and bad news is good news,” Samuels said. The Dow has risen five of the past six weeks and is now less than 2 percent from its highest level of the year, which it touched in late April. Interest rates have also been plummeting in anticipation of the Fed’s move. “The 10-year rate is going to make stocks look cheaper and cheaper compared to bonds,” said Bob Phillips, managing partner at Spectrum Management Group. The yield on the 10-year Treasury note is often used to set interest rates on loans.

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Unsecured Loans: A Bit Pricey Yet Momentous Way To Gratify Incessant Needs

Unsecured loans are easier and suitable loans for someone who does not want to guarantee any sort of collateral to obtain a loan amount. However, unsecured loans carry high interest rate, shorter repayment period, and some stiff terms and conditions for a borrower, yet they are equally viable due to their fast processing and non-involvement of collateral. There are various factors, which help in the assessment of interest rates such as your current income status, your credit scores etc.

Unsecured loans can work as one answer to satisfy your various needs such as:

Unsecured loans for home improvements: With this loan option, you can give a new aesthetic look to your dream abode.

Unsecured loans for holidaying: Your dream destination is no more a dream. By seeking unsecured loans, you can easily visit the finest places in the world.

Unsecured loans for debt consolidation: Shrug off all your debt worries with superb unsecured loans. Merge all your debts and pave the way for easy repayments.

Unsecured loans for business: Give that extra punch to your business and add new wings with unsecured loans. This loan option gives you flexibility to start up a new business or maintain the existing one.

Unsecured loans to procure a car: No need to ponder over your current economic situation as unsecured loans can help you procure your favourite car.

Besides, these options, you can use the loan amount of unsecured loans [http://www.loans-park.co.uk/unsecured.html] the way you want. It’s obvious that every borrower wants to avail a loan with low interest rates and longer repayment period. However, unsecured loans are slightly expensive, but things have been changing in favour of borrowers as competition has become quite stiff among the innumerable lenders in UK to lure more and more borrowers. A borrower just needs to compare the interest rates and other parameters of loan plans before hitting upon any loan option.

The author is a business writer specializing in finance and credit products and has written authoritative articles on the finance industry. He has done his masters in Business Administration and is currently assisting Loans-Park as a finance specialist. For more information please visit: http://www.loans-park.co.uk

Author: Grant Cliv
Article Source: EzineArticles.com
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