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30 Yr Fxd 3.75% 3.976%
15 Yr Fxd 2.99% 3.387%
5 Yr ARM 3.125% 3.188%

Latest News

Japan inflation lowest since war on falling prices began

Japan's inflation rate has fallen to its lowest level since just after Tokyo launched a high-profile offensive aimed at conquering years of falling prices and tepid growth, data showsJapan's inflation rate has fallen to its lowest level since just after Tokyo launched a high-profile offensive aimed at conquering years of falling prices and tepid growth, data showed Friday. The disappointing figures -- weighed by weak consumer spending and falling energy prices -- challenge Bank of Japan chief Haruhiko Kuroda's claim that inflation is on an uptrend. Sustained inflation is a key measure of Prime Minister Shinzo Abe's three-pronged growth plan, dubbed Abenomics, to resuscitate Japan's long-suffering economy. The government data on Friday showed that Japan's inflation rate last month came in at 2.2 percent, down from 2.5 percent in December.


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