Menu
Home

Economy

Dollar mixed after data shows potential for new UK recession; hopes rise for Japan stimulus

The dollar is mixed against other major currencies following weak British economic data and the possibility for new stimulus in Japan.

The euro is up a fraction against the dollar, trading at $1.304, from its $1.3038 late Monday.

The British pound is recovering some of its earlier drop. It is down to $1.4860, after earlier falling as far as $1.4830, its lowest level since June 2010. The decline followed the release of weak British industrial production figures. Late Monday, the pound was worth $1.4929.

The dollar fell to 95.98 Japanese yen from 96.27 yen late Monday. The yen fell earlier as expectations increased that the Bank of Japan will soon announce a big stimulus program to get the Japanese economy going again.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 4.07% dw 4.28%  
15 Y Fixed Graph 3.18% dw 3.26%  
30 Y Fixed Jumbo Graph 4.50% dw 4.53%  
5/1 ARM Graph 3.36% dw 3.43%  
5/1 Jumbo ARM Graph 3.69% up 3.56%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.36% -- 4.36%  
$50K HELOC Graph 4.06% -- 4.06%  
$30K Loan Graph 5.08% up 5.07%  
$50K Loan Graph 4.51% -- 4.51%  
$75K Loan Graph 4.51% -- 4.51%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.93% up 2.92%  
36 M Used Graph 3.47% up 3.46%  
48 M New Graph 3.21% -- 3.21%  
48 M Used Graph 2.98% -- 2.98%  
60 M New Graph 3.23% -- 3.23%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.34% dw 0.35%  
1 yr Graph 0.66% -- 0.66%  
5 yr Graph 1.34% dw 1.35%