Tag Archives: interest rates

Ten-year term interest rate SWAPs maintained an upward movement in 2018, spiking to 4.39 percent in mid-November from 3.7 percent in early January before rebounding to 4.15 percent by the end of the year, statistics by the Central Bank of the United Arab Emirates have shown. Interest rate swaps are …

The US Federal Reserve (Fed) has kept interest rates unchanged but hinted that more rate hikes are likely coming later this year as the economy continues to strengthen. However, the overall tone of the Fed statement, analysts think is less hawkish, hinting at a gradual approach to further rate hikes …

Is the US Federal Reserve out to spoil the UAE property market’s mortgage party? The latest rate hike, up by 0.25 per cent, and the ones to follow in short order will be leaving UAE mortgage takers with much higher instalment costs than what they had signed up for. Here’s …