Borrowing costs dip as oil gets cheaper

Borrowing costs dip as oil gets cheaper

Borrowing costs for the U.S. fell Sept. 17 because oil got cheaper, LiveMint reported, Reuters confirming both fell together. The 10-year loan rate, like a thermostat for mortgages, was set for its biggest one-day drop in over three weeks. In my view, short relief for borrowers, not a lasting shift. Oil still decides.

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