For many months, Donald Trump pushed hard for the Federal Reserve to lower rates, arguing, in part, that the move would spur refinancing activity and make housing more affordable, thereby giving the economy an added jolt. And for many months, the Federal Reserve brushed aside his pleas—until now. In September the central bank cut the benchmark rate by 25 basis points ending a nine-month pause in the easing cycle. ...

周一，美国国债收益率上行引发市场对房贷利率进一步上升的担忧，房屋建筑及家装相关股票普遍承 压，拖累整个房地产板块下行。分析人士指出，若收益率持续攀升，抵押贷款成本可能上扬，从而令美 国房地产市场的低迷态势延续。 根据道琼斯市场数据，截至周一收盘，美国两大追踪房屋建筑行业的ETF，iShares美国房屋建筑 ETF(ITB.US)与SPDR标普房屋建筑商ETF(XHB.US)均下跌约2.1%，双双创下自9月下旬以来的最低收盘 水平。 市场压力的核心在于，美债收益率上行。10年期美国国债收益率周一上升4.3个基点至4.16%，为9月26 日以来最高水平，同时也是自9月中旬以来的最大单日涨幅。当前，由于美国政府仍处于停摆状态，市 场对财政与经济前景的担忧正在推高债券收益率。 家居建材零售巨头同样受到拖累。家得宝(HD.US)股价下跌1.45%，劳氏(LOW.US)下跌1.9%，两者均有 望录得自8月11日以来的最低收盘价。 抵押贷款利率通常会追随美债收益率变动。收益率上升意味着潜在购房者的融资成本将增加，这不仅可 能让租房者延迟置业计划，也让现有房主更不愿出售换房，从而抑制市场交易量。 为刺激购房需求，房屋建筑商不 ...

Most Americans would probably like to see lower mortgage rates these days. And while the president certainly has a lot of power, even he can’t snap his fingers and make mortgages cheaper for today’s borrowers. What can the president do about mortgage rates, though? Here’s how who’s in office could impact what you pay for a mortgage loan. Read more: The best mortgage lenders for first-time home buyers Does the president control mortgage rates? The president of the United States doesn’t directly control ...

There are many reasons to take out a personal loan. You may have an unexpected emergency, home renovations or a major event coming up. Whatever the reason, taking out a personal loan and paying it back on time can do wonders for your credit, and for some, that’s reason enough to get a personal loan. Consider This: Key Signs Your Credit Card Is Quietly Wrecking Your Finances Read More: 7 Ways To Tell If You're Rich or Middle Class -- It's More Than Your Paycheck Having a good credit score can lower interes ...

Core Viewpoint - Mortgage rates function independently from the Federal Reserve's benchmark interest rate, indicating a disconnect between the two financial metrics [1] Group 1 - Mortgage rates are influenced by various factors beyond the Fed's interest rate, suggesting that changes in the benchmark may not directly affect mortgage costs [1]

Core Viewpoint - The Federal Reserve's recent interest rate cut has led to a paradoxical rise in mortgage rates, a phenomenon that, while counterintuitive, is not uncommon in the market [1] Group 1: Mortgage Rates - As of Wednesday, mortgage rates have stabilized at 6.26%, marking the lowest level since early October 2024 [1] - Most of the data from Freddie Mac was collected prior to the Fed's rate cut, indicating a lag in the response of mortgage rates to changes in the Fed's policy [1] Group 2: Federal Reserve's Influence - Federal Reserve Chairman Jerome Powell stated that while the Fed does not set mortgage rates, changes in their policy rates typically influence them [1] - The Fed officials anticipate two more rate cuts this year, although there is still disagreement regarding the short-term economic outlook [1] Group 3: Market Expectations - Zillow's senior economist Orphe Divounguy noted that the pace of monetary policy easing expected by financial markets may exceed the actual measures taken by the Fed, suggesting that mortgage rates are unlikely to decline significantly further [1]

Group 1 - The decision to pay off a mortgage early or invest more depends on financial goals and potential gains from each option [2][4] - Comparing the mortgage interest rate of 2.375% with potential investment returns, such as a 4% CD, is a common approach [4][7] - The risk associated with investments, particularly in stock portfolios, contrasts with the certainty of savings from paying down a fixed-rate mortgage [6][7] Group 2 - The analysis should consider the time horizon for retirement and the comfort level with investment risk [7] - The low mortgage interest rate of 2.375% supports the argument for not paying it down sooner, especially when a fixed-rate CD offers a higher return [7][8] - Tax implications of CD interest and potential mortgage interest deductions should also be factored into the decision-making process [8]

Core Viewpoint - The article highlights the emergence of "professional debtors" as a tool for financial fraud, with a focus on the organized crime behind this phenomenon, which has been targeted by regulatory authorities through legal actions against such practices [1][2][3]. Group 1: Case Details - A case involving Ning and others was highlighted, where they engaged in loan and credit card fraud by recruiting individuals without repayment capacity and creating false documentation to secure loans [1][2]. - From July 2019 to May 2020, the defendants defrauded banks of over 7.38 million yuan by manipulating property transactions and falsifying down payment evidence [1][2]. - The court sentenced Ning to 16 years in prison and imposed fines totaling 800,000 yuan for his involvement in loan and credit card fraud [2]. Group 2: Regulatory Response - The Financial Regulatory Bureau and the Ministry of Public Security have initiated a crackdown on "black and gray" financial crimes, emphasizing a comprehensive approach to tackling these illegal activities [2][3]. - A financial education campaign was launched from September 15 to 21, 2023, aimed at raising public awareness about the risks associated with internet loans and financial fraud [3]. - The campaign will focus on educating the public about deceptive practices in the financial sector, including hidden fees and misleading loan terms [3][4]. Group 3: Industry Impact - The rise of illegal loan intermediaries has severely disrupted the financial management order and posed risks to national financial security, particularly affecting the real estate sector [2][3]. - The regulatory authorities are committed to enhancing consumer protection and promoting transparent financial products to meet diverse consumer needs [4].

Group 1: Support for Entrepreneurs - The company has increased support for entrepreneurs in Zhejiang Province, providing a comprehensive service model that includes financial services, platform operations, and scenario innovation [1] - The bank has successfully issued loans exceeding 10 million yuan to over 10 Western restaurants in Qingtian County, supporting the high-quality development of the local Western cuisine industry [2] - The bank's proactive approach includes personalized credit service plans tailored to the specific needs of local businesses [2] Group 2: Support for Veterans - The bank has actively engaged with local veteran affairs departments to support entrepreneurship among retired military personnel [3] - A veteran entrepreneur received a 1.4 million yuan loan to alleviate financial pressures during a business transformation, demonstrating the bank's commitment to supporting veteran-led businesses [3] Group 3: Agricultural Innovation - The bank has facilitated the expansion of a family farm in Hangzhou by providing mortgage loans and credit loans, resulting in an increase in planting area to 107 acres [4] - The farm successfully sold over a thousand boxes of fresh peaches within two days, showcasing the effectiveness of the bank's support in enhancing agricultural product sales [4] - The bank has also helped create immersive consumer experiences to promote local agricultural products, attracting more visitors and expanding market reach [5] Group 4: Continuous Support for Farmers - A family farm in Quzhou has grown from 50 acres to 380 acres with the bank's assistance, highlighting the bank's role in supporting agricultural growth [6] - The bank provided a 1 million yuan loan to address the farm's financial challenges, demonstrating its commitment to the agricultural sector [6]

Market Overview - The US dollar index is trading around 98.17, while spot silver opened at $40.66/oz and is currently around $40.72/oz. The silver T+D is trading at approximately 9752 CNY/kg, and the main Shanghai silver contract is at 9767 CNY/kg. Key focus today includes the US unemployment rate for August, adjusted non-farm payrolls, and average hourly wage changes [1] - On September 4, the dollar index rose by 0.13% to close at 98.27. Spot silver closed at $40.62/oz, down 1.38%, as the August "small non-farm" data fell short of expectations, causing silver to drop below $41/oz. Spot gold also saw a decline of 0.38% to $3545.53/oz, ending a seven-day rally [1] Silver Market Data - The SLV silver ETF holdings decreased by 50.83 tons to 15230.57 tons compared to the previous trading day [2] - On September 4, the payment direction for deferred compensation fees was Ag(T+D)—short paying long [2] Economic Indicators - The US August "small non-farm" payrolls recorded an increase of 54,000, below the expected 65,000, with the previous value revised from 104,000 to 106,000. Initial jobless claims rose to 237,000, the highest level since June [3] - The average rate for a 30-year fixed mortgage in the US fell to 6.5%, the lowest since October 17 of the previous year, down from 6.56% the previous week. This decline may attract hesitant homebuyers, although many are still waiting for more significant rate cuts [4] Silver Price Analysis - The silver market opened at 41.191, experienced a slight rise to 41.221, and then saw a strong pullback, reaching a low of 40.387 before closing at 40.658. The market is currently awaiting non-farm payroll results, with suggested trading positions around 39.5 and targets set at 40.5, 40.7, and 41-41.2 [4]