Homeowners are pouring time and money into refinances that barely move the needle, chasing a tiny rate improvement while ...

Those residing in the Pacific Time zone will have the interest rate of their loans fixed at 5%; Mountain Time will be 6%; Central Time, 7%, and Eastern Time, 8%. Yes, the above decrees sound absurd, ...

While most economists believe that central banks set interest rates, in reality, they are set by time preferences of ...

Discover how biased expectations theory impacts interest rates by incorporating investor preferences and risks, beyond just ...