National Australia Bank says offset accounts are booming as rate-hike talk returns

National Australia Bank Limited reported Wednesday that close to 75% of its home-loan customers are now using offset accounts. The bank also pointed to a 98% jump in the number of offset accounts linked to new mortgages held by borrowers under 35, compared with a year ago. For a $500,000 loan at 5.42% over 30 years, NAB estimates an offset account can shave about $74,000 off the total interest bill. Home lending executive Denton Pugh described these accounts as a way to save “without needing big lifestyle changes.”

Shenzhen stocks reopen Tuesday: what to watch on ChiNext, rates and trade cues this week

Shenzhen stocks reopen Tuesday: what to watch on ChiNext, rates and trade cues this week

Shenzhen stocks come back online Tuesday, following the mainland’s Spring Festival shutdown that kept local markets dark through Monday. That means investors have to catch up, digesting a backlog of global developments all at once. Trading on the Shenzhen Stock Exchange and other mainland venues resumes Feb. 24, as listed on the Stock Connect calendar from Hong Kong Exchanges and Clearing.
22 February 2026
Bitcoin traders cool on Fed rate cuts ahead of March meeting as Warsh uncertainty bites

Bitcoin traders cool on Fed rate cuts ahead of March meeting as Warsh uncertainty bites

Crypto traders are dialing down their wagers on Fed rate cuts this year, with bets shifting after President Donald Trump put forward ex-Fed governor Kevin Warsh for the top job. According to CoinGape, data from betting markets now points to traders anticipating two cuts, not three. https://coingape.com/crypto-traders-reduce-fed-rate-cut-bets-as-expert-calls-warsh-dovish/
Mortgage Refinance Rates Hold Above 6% — and Homebuyers Still Won’t Call That “Good”

Mortgage Refinance Rates Hold Above 6% — and Homebuyers Still Won’t Call That “Good”

Refinancing still isn’t cheap for U.S. homeowners. The average 30-year fixed refi rate clocks in at 6.24%, according to Zillow figures cited by Fortune. Jumbo 30-year refinance rates? Those hit 7.04%. As for government-backed loans, 30-year FHA and VA refi rates are at 5.89% and 5.80%, respectively. Fortune notes closing costs typically land in the 2% to 6% range. The math only works out for most borrowers when the new rate undercuts the old one by about a full point.
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