LOAN MARKET ASSOCIATION
Mortgage rates today dip again: Average 30-year fixed rate at 6.27% - is now the right time to buy a home?
Mortgage rates today: Homebuyers are experiencing a slight relief as mortgage rates have dipped again this week. The national average for a 30-year fixed mortgage now stands at 6.27%, a modest decrease from last year. This offers a more favorable environment for those considering a home purchase, with rates remaining steady but below their 52-week average.
Wall Street ends down; Zions sparks worries about regional banks
As Wall Street recorded a dip on Thursday, Indian markets followed suit, influenced by rising unease regarding regional banks and cooler relations between the U.S. and China. Major banking stocks experienced considerable declines, and sectors like technology and insurance were not spared from the downturn. Even with a handful of bright corporate forecasts, a cautious sentiment prevailed among investors.
Mortgage rates today: 30-year fixed slips to 6.21%, lowest in months — will rates drop even further or is now the time to lock in your loan?
Mortgage rates just dropped again. The average 30-year fixed mortgage rate in the U.S. now stands at 6.218%, its lowest level in nearly a year, according to Optimal Blue. That’s down 4 basis points from Monday and 7 basis points from last week, signaling fresh momentum in the housing market. With the Federal Reserve’s recent rate cut and inflation easing, experts say borrowers could finally catch a break. But the big question remains — will mortgage rates fall even further or is now the time to lock in?
338% return on SGBs: RBI announces final redemption price, date for Sovereign Gold Bond 2017-18 Series-III; check details
The Reserve Bank of India has set the final redemption price for Sovereign Gold Bond 2017-18 Series-III. Investors will receive Rs 12,567 per unit on October 16, 2025. This price is based on the average gold prices of the preceding business days. The bond was initially issued at Rs 2,866 per gram. This offers a significant return to bondholders.
Stocks in news: Axis Bank, Infosys, Wipro, Hyundai, RBL Bank, Angel One, Jio Financial
Indian markets saw a strong rebound, driven by positive trade news and a stronger rupee. Several major companies including Axis Bank, Infosys, and Hyundai are in the spotlight today. Investors are watching for second-quarter results from IT giants Infosys and Wipro. Hyundai announced a significant investment in India. RBL Bank will consider fundraising. Angel One reported a profit decline.
EU scramble for anti-Russia 'drone wall' hits political, technical hurdles
Europe is urgently seeking enhanced drone protection following recent airspace incursions. An EU proposal, initially met with skepticism, is evolving to a continent-wide initiative, drawing on Ukraine's combat experience. The plan aims to integrate advanced sensors and weaponry, potentially boosting defense firms, but faces political hurdles and cost concerns.
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'A third of textile export firms' turnover drops 50% on US tariff'
Indian textile and apparel exporters are facing a significant downturn, with about a third reporting a nearly 50% drop in turnover due to increased US tariffs. Buyers are requesting discounts, cancelling orders, and reducing volumes, leading to inventory buildup and extended credit cycles for exporters.
Mortgage rates today: October 13 — Will 30-year rates hit 5% soon? How would a 0.5% Fed rate cut change your mortgage cost?
Mortgage rates are moving again. Are you ready? The mortgage rate today for October 13, 2025, shows a slight dip. This is big news for homebuyers and refinancers. The average 30-year fixed mortgage rate now hovers around 6.34% to 6.40%. That’s lower than earlier this year. Homebuyers are asking: will rates drop to 5% soon? A 0.5% Fed rate cut could reshape monthly payments. Experts warn that even small shifts can affect affordability. If you’re planning to buy or refinance, now is the time to compare lender offers.
Debt capital desks may leak as banks start M&A financing
Reserve Bank of India's new proposal will allow banks to fund mergers and acquisitions. This change is expected to reduce fee income for debt capital market bankers. Previously, non-bank lenders and private funds dominated this financing. Now, banks entering this space may compress spreads and increase competition. This shift impacts how M&A deals are financed in India.
Shrimp squeeze: Inside India’s struggle to keep its seafood industry afloat amid Trump’s tariffs
Trump’s 50% tariff leaves Indian seafood exporters no choice but to diversify. However, they caution that it won’t be easy, given the challenges ahead.
If one country imposes tariffs, we will open trade with 10 new countries: UP CM Yogi
Assuring them of the state government's full support, he emphasised that there was no need to fear US tariffs, calling the situation an opportunity to explore new markets.
S&P 500, Nasdaq end higher as tech strength outweighs Fed concerns
Technology shares propelled U.S. stocks to record highs, led by AI megacaps, as investors awaited Federal Reserve minutes for interest rate clues amid a government shutdown. Chip stocks outperformed, while gold prices surged due to geopolitical uncertainty. The Fed minutes revealed a divided committee on rate cuts.
Tata Capital IPO Day 3: Rs 15,512 crore IPO sails through on final day. Check GMP and other key details
Tata Capital's Rs 15,512-crore IPO was fully subscribed on its final day, with a muted grey market premium of around 1.8%. The company, a key player in India's NBFC sector, attracted strong anchor investor interest. Analysts suggest a fair entry point for long-term investors, with most brokerages recommending a 'Subscribe' rating.
From Bharat to the world: The cross-border scale playbook for Indian startups decoded at the ET Soonicorns Summit 2025
Cracking the Bharat customer (first) might be the key to scaling globally. The ET Soonicorns Summit 2025 cross-border scaling strategy-focused roundtable reinforced a compelling narrative: India’s domestic market, with its scale and heterogeneity, serves as a testing ground for global-ready startups.
Choosing a financial adviser? Here’s where to look and what to check
Many direct mutual fund investors exit early. Only 19% of direct SIPs stay invested over five years. This highlights the need for financial guidance. Distributors help retain investors longer. Financial advisors, including MFDs and RIAs, offer crucial support. Choosing the right advisor depends on individual needs. Investors must check services, availability, and avoid red flags like guaranteed returns.
RBI may let real estate tap offshore loans in bid to shore up dollar flows
The Reserve Bank of India is poised to liberalise its foreign loan regime, potentially allowing External Commercial Borrowings (ECBs) in real estate for the first time in three decades. This policy shift, previously resisted due to the '97 Asian Crisis, aims to bolster the rupee with increased dollar supply and acknowledges the sector's evolving maturity.
US government enters shutdown - here's what it could cost you starting day one
The U.S. federal government officially entered a shutdown at midnight on October 1, 2025, the first full closure since 2018. According to the Congressional Budget Office (CBO), the shutdown is costing the economy about $400 million per day in lost wages for furloughed federal workers. Over a four-week period, this could total $11 billion. Businesses that rely on federal contracts or tourism are also facing immediate financial strain. Previous shutdowns, such as the 2018–2019 closure, cost the economy over $11 billion, with $3 billion lost permanently.
L&T shares in focus after securing $700 million sustainability-linked trade facility from Standard Chartered
Shares of Larsen & Toubro (L&T) will be in focus on September 30 after the company secured a $700 million Sustainability-Linked Trade Facility (SLTF) from Standard Chartered. This follows L&T’s issuance of India’s first listed sustainability-linked bond earlier this year, reinforcing its leadership in sustainable finance and commitment to ESG goals, including carbon neutrality by 2040 and water neutrality by 2035.
L&T secures USD 700 mn Sustainability-Linked Trade Facility from Standard Chartered
Larsen & Toubro secured a USD 700 million Sustainability-Linked Trade Facility from Standard Chartered. This facility is tied to key performance indicators like greenhouse gas emissions and freshwater withdrawal, aligning with L&T's business operations and market standards. This follows their earlier issuance of India's first listed sustainability-linked bond.
Vedanta plans bond sale to repay private debt, lower costs
Anil Agarwal's Vedanta Resources plans a dollar bond sale. This move aims to repay higher-cost private debt. The company seeks to capitalize on lower borrowing costs. This potential offering follows a previous bond sale this year. It will help cover debt needs until September 2026. The firm also faces delays in its India unit's demerger.
BSE, CDSL & other capital market-related stocks: Buy, sell, or hold? The answer lies in just one data point
Remember the Surf Excel advertisement with the tagline “Daag achhe hain”? Similarly, there are times in the stock market when a decline – or what is commonly called a “correction” – may be described as “achhe hain”. These short-term setbacks caused by narratives and headwinds do create an opportunity for investors looking to pick up businesses with long and strong growth paths for the long term. However, given that stock prices have moved up and the valuations are no longer cheap, some amount of scepticism and fear is justified. And the antidote for scepticism and fear are facts and trends.
PM Modi transfers Rs 10,000 to 75 lakh Bihar women, says it's just the start
Prime Minister Narendra Modi launched the ‘Mukhyamantri Mahila Rojgar Yojana’ in Bihar, transferring ₹10,000 each to 75 lakh women linked to Self Help Groups (SHGs). Modi praised the Nitish Kumar government, criticized RJD rule, and highlighted women empowerment.
Banks plan common portal to track consortium loans
Banks plan to launch a common portal to monitor consortium loans, sharing data such as audit reports, borrower responses, stock statements, and limit allocations. The platform, backed by 12 public and five private banks, aims to improve coordination, oversight, and post-sanction monitoring. Discussions include leveraging the Secondary Loan Market Association for secure, retrievable information throughout the loan lifecycle.
Payment, lending apps more likely to get installed than banking apps: RBI Bulletin
A Reserve Bank study highlights that user experience in India’s FinTech sector is shaped by app market share, updates, and data privacy, with payment and lending apps preferred over banking apps. Analysis of 5.69 million reviews shows polarised feedback—87% being one- or five-star.
Gem & jewellery trade industry urges FM Sitharaman for domestic sales, loan relief amid US tariff impact
The gem and jewellery industry has urged Finance Minister Nirmala Sitharaman to allow SEZ units, including Mumbai's SEEPZ, to produce for the domestic market and seek a six-month interest moratorium on US export loans. The move aims to protect jobs amid a 50% US tariff, declining orders, and financial strain. The industry also requested an extended export obligation period and deferred interest on working capital loans.
Upskilling cos tailor courses as H-1B fee hike upends plans
The sharp rise in H-1B visa fees is prompting students and professionals to reconsider their study choices, universities, and careers. Non-STEM course enrolments may drop, while STEM subjects could see increased demand. Students are now more focused on the return on investment for studying in the US.
Mortgage refinance rates today, September 19: 30-year fixed at 6.63% and 15-year under 6%, hitting lowest levels in 2025 as markets anticipate further Fed rate cuts and surge in refinancing demand
Mortgage refinance rates are slipping to their lowest levels of 2025, giving homeowners fresh hope for lower monthly payments. As of Friday, September 19, the average 30-year refinance rate has eased to 6.63%, while the 15-year option has dipped below 6%. The shift comes as markets increasingly bet on a further Federal Reserve rate cut later this year.
RBI urges lenders to cut service charges for debit cards, late payments
The Reserve Bank of India is urging banks to reduce fees on consumer products like debit cards and late payments, potentially impacting billions in revenue. This push follows increased retail lending by banks and concerns about the impact of high fees on low-income customers. The RBI's move aims to address fee disparities and promote fair banking practices.
Adani Enterprises and other group stocks zoom up to 13% as Sebi clears Gautam Adani, Rajesh Adani of Hindenburg allegations
Adani Enterprises, Adani Power, Adani Green and other group stocks surged up to 13% following Sebi's dismissal of Hindenburg Research's allegations of stock manipulation. The regulator found no evidence of fraud or misuse of funds, concluding that transactions flagged were regular loan activities with proper returns. Gautam Adani stated that the claims were baseless, emphasizing transparency and integrity within the group.
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