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Rollercoaster China stock market has more room to drop

Shares prices are shown in green, indicating a falling price, at a stockbroker in Hangzhou, east China's Zhejiang province on July 27, 2015Fasten your seat belts, investors, China's volatile stocks still have room to drop. An 8.48 percent plunge on Monday -- the biggest in eight years -- renewed fears about the government's management and the health of the underlying economy, in which growth has already slowed to levels unseen since the global financial crisis. In moves widely criticised as anti-market, the government has intervened by barring some investors from selling, setting up a war chest to buy stocks and threatening to arrest those who engage in short-selling -- a bet prices will go lower.

Today's Rates*

30 Yr Fxd3.99%4.23%
15 Yr Fxd3.125%3.561%
5 Yr ARM2.99%3.223%
*=This is only an estimate, provided for illustrative purposes only. Actual rates and payments may vary. It does not constitute a quote.

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