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The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 14, down from 6.58% last week.
The "lock-in effect" continues to prevent homeowners from listing their properties, because they are unwilling to part with ...
The backdrop favored the small-cap Russell 2000 index RUT, which gained 3.1% in the past week. The S&P 500 gained 0.9% and the Nasdaq Composite Index COMP rose 0.8%, while the Dow DJIA jumped 1.7% for ...
New economic data releases could increase mortgage rate volatility in the coming weeks, leading up to the Fed's September ...
Economists generally expect the average rate on a 30-year mortgage to remain above 6% this year. Recent forecasts by ...
Earlier this week Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) released its latest 13F filing revealing Warren Buffett’s renewed interest in homebuilders. The report showed the Oracle of Omaha ...
The Bank of England now expects inflation to peak at 4% in September, according to its latest Monetary Policy Report. This is ...
The average rate for a 30-year U.S. mortgage has fallen to its lowest level in nearly 10 months, giving prospective ...
The 30-year fixed-rate mortgage averaged 6.66% in the week ending Aug. 14, down four basis points from the previous week.
“Mortgage rates continue to decline,” a post on the Freddie Mac site declared. “Mortgage rates fell to their lowest level since October. Purchase application activity is improving as borrowers take ...
Rates on new 30-year loans have fallen every day this week, pushing the average to a five-month low. Other major loan types have dropped as well.
It’s been a tug of war between the biggest of the big, sometimes referred to as the Magnificent 7, or the largest seven companies that make up a big chunk of market indexes like the S&P 500 index, and ...
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