Senior Citizens Savings Scheme: At 8.2% interest rate, how does SCSS compare to bank FDs, RBI bonds, mutual funds? Explained

SCSS accounts help earn interest payments on a quarterly basis. (AI image) Senior Citizens Savings Scheme or SCSS is a popular Post Office investment and savings scheme for senior citizens and retired individuals. The government-backed scheme is seen as a guaranteed cushion for regular interest income flow, especially for individuals who are looking for high…

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US mortgage rates: 30-year home loan rate inches up to 6.16%, stays near 2025 low as housing demand remains cautious

The average interest rate on a 30-year US mortgage edged slightly higher this week but remained close to its lowest level of 2025, offering limited relief to homebuyers amid a still-challenging housing market, according to data released by Freddie Mac.The average long-term mortgage rate rose to 6.16% this week from 6.15% last week, when it…

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