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U.S Mortgages – Up for the First Time in 4-Weeks

Mortgage rates rose for the first time in 4-weeks in the week ending 12 th July ... 30-year fixed rate loan increased from 4.52% to 4.53% in the week, while up from 4.03% a year ago. 15-year fixed ... read more

In foreboding sign for U.S. economy, factory sector softens

The reports helped push the spread between three-month Treasury bills and 10-year note yields to invert for the first time since 2007 ... “Declines in mortgage rates are beginning to provide some ... read more

US: Sales of existing homes ramped up in February - Wells Fargo

UK PM May has until April 12th to pass the deal in Parliament, something that seems unlikely. The US Treasury yield curve inverted for the first time in over a decade amid renewed fears of a global ... read more

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Mortgage Rates Down 0.25% This Week

At the end of last week, the average top-tier 30yr fixed mortgage rate quote was 4.375% ... European bonds tanked by the time US markets opened ("tanked" in this context refers to rates moving lower). ... read more

The top 10 places in the US where millennials are dominating the mortgage market

A new report from revealed millennials — defined as the generation aged 19 to 37 — for the first time ... mortgages than ever before, and it shows we've been wrong about them for years The ... read more

US/China Deal May Be More Pro-Growth Than Many Are Expecting

And on the flipside: "This move up is way ahead of itself ... This thesis makes perfect sense to me, and suggests to us that if oil prices can hold a firm footing above $50, the efforts many ... read more

U.S. consumer credit tops $4 trillion for the first time in December

People crowd the first floor of Macy's department store. The numbers: For the first time ever ... credit card debt was up at a 2.75% pace while nonrevolving credit was up at a 5.5% pace. The data does ... read more

Phoenix has long been the West's most affordable city. That might change.

She grew up in Avondale, where rents are less expensive, but she doesn’t want that daily commute. “When I trained in New York, I shared an apartment with three other people and we paid only $500 each, ... read more

Howard Schultz says he grew up in a poor, rough place. Those who lived there called it the ‘country club of projects.’

BROOKLYN — When Howard Schultz tells people why he should be president of the United States, the billionaire ... It’s the first fact in his campaign’s capsule biography of the candidate: “Schultz grew ... read more

Factbox: A scorecard of key players in U.S. special counsel Russia probe

Trump’s eldest son set up a June 2016 meeting at ... then-Russian ambassador to the United States. Sessions, a longtime U.S. senator from Alabama, served as a campaign adviser and then Trump’s first ... read more

The average adjustable-rate mortgage is nearly $700,000. Here’s what that tells us.

whereas those in the lower tiers of the market and first-time buyers generally “value the stable payment that a fixed-rate mortgage provides.” Still, even if ARM borrowers are people with greater ... read more

U.S Mortgages – Rise For The First Time in 4-Weeks

Freddie Mac weekly average rates for new mortgages as of 30 th August were quoted to be: 30-year fixed rate loan increased from 4.51% to 4.52% in the week, while up from 3.82% a year ago. The average ... read more

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