Friday, July 06, 2012
Heads are rolling at the British bank Barclays after it admitted to rigging a key interest rate known as the LIBOR — short for "London Interbank Offered Rate."
Wednesday, August 10, 2011
By Charlie Herman : Business and Economics Editor
The slow down of the nation's economy does have at least one silver lining for anyone trying to get a mortgage or refinance an existing one. The average interest rate for a 30-year fixed loan is now 4.43 percent according to HSH.com, a website that tracks mortgage lending across the country.