A quote for a loan with a 5% interest rate and two negative points would yield a $20,000 rebate to apply to the loan's closing costs ($1,000,000 x 2% = $20,000).

Discover the meaning of a negative correlation coefficient, how it compares to other correlation coefficients, and examples of where they might appear.

While no one expects rates to drop to zero or turn negative any time soon, President Trump and some of the giants of consumer finance have opened a door that was long assumed to be locked. It’s ...

Central bankers around the world are pushing deeper into the once-unthinkable world of negative interest rates -- essentially charging customers to hold their cash. Denmark set negative interest ...

Jyske Bank, Denmark's third-largest bank, said this week that customers would now be able to take out a 10-year fixed-rate mortgage with an interest rate of -0.5%, meaning customers will pay back ...

What on Earth has happened to bond yields in Europe? As much as €1.5 trillion ($1.7 trillion) of euro area debt maturing in more than a year now pays a negative yield, according to J.P. Morgan.