Freddie Mac: Mortgage Rates Sluggishly Inch Up

Freddie Mac: Mortgage Rates Sluggishly Inch Up

As of July 21, the 30-year, fixed-rate mortgage averaged 5.54% with an average 0.8 point. KEY TAKEAWAYS. 15-year fixed-rate mortgages averaged 4.75%
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Federal Health Unit Gets New Powers for Pandemic Response (1) – Bloomberg Law

… quickly and stably during future disasters and emergencies,” Dawn O'Connell , who heads the unit, said in a memo obtained by Bloomberg News.
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Fitch Affirms Century Housing Corp.'s IDR at 'AA'; Outlook Stable

The very strong demand for Century Housing's loan products is evidenced by a 19% average increase in mortgage loans for years 2017-2021.
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U.S. Home Sales Fell in June as Prices Reach New Heights (VIDEO) – Newsy

The average rate on a 30-year fixed-rate home loan climbed to 5.51% last week, according to mortgage buyer Freddie Mac. A year ago it averaged 2.88%.
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MGA Cancels Field of Fortune's Licence – European Gaming Industry News

The MGA said Field of Fortune breached regulation nine of Malta's Gaming Compliance and Enforcement Regulations, which relates to a requirement for
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ECB pushes up lending rates by 0.5pc – here's what it will mean for your home loan

The European Central Bank (ECB) has announced a rise in its key interest rates today, the first in more than a decade. What will this mean for
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Daytona's real estate markets are correcting, condo sales slowing – Ormond Beach Observer

And MLS reports show the median condo sales price in June was 25% higher than the median price in 2021. “The real estate market correction we've been
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Want Top Wines from Napa? Buy from Bordeaux

La Place de Bordeaux, a traditional network of négociants, has become a major player in international fine wine.
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U.S. Billionaires Grow Wealth By Over $1 Trillion Since Pandemic Began: Report

Meanwhile, millions of Americans are unemployed and struggling to pay mortgages or rents amid the coronavirus crisis.

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John L. Scott Real Estate scoops up Seattle-area brokerage – RealTrends

John L. Scott Real Estate has acquired Bellevue, Washington-based Fresh Look Real Estate, adding 28 brokers to the West Coast brokerage.
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Morgan Stanley, Goldman Say Stocks Have Yet to Find a Bottom – Bloomberg.com

A rally in stock markets may prove to be short-lived as inflation pressures remain high and a recession seems increasingly likely, according to
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Price cuts in housing are inevitable, says Ivy Zelman – YouTube

… Zelman & Associates CEO, joins 'Closing Bell' to discuss the major drop in homebuilder sentiment and what that means for the housing market.
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Governor Hochul Signs Legislation to Continue Commitment to Affordable Banking in New York State

9348/A.8292) directing the Superintendent of the Department of Financial Services to conduct a study on bank overdraft fees in New York State. The
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Housing market begins to cool off – WTNH.com

The housing market is cooling across the country with northern … For the most part, the cooldown is a byproduct of mortgage rates nearly
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ProxyPics Partners with Freddie Mac to Simplify Refinance Mortgages in the Digital Age

ProxyPics makes wave as the first Property Data Report provider for Freddie Mac's ACE+ PDR (automated collateral evaluation plus property data
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How the central bank's latest big hike is squeezing Canadians with mortgages | CBC News

Among Canadians impacted by the Bank of Canada's latest benchmark interest rate hike are Kartik Soni, left, who is in a variable-rate mortgage,
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Mortgage Rates Forecast | Will Rates Go Down In July?

Mortgage rates grew significantly and rapidly in 2022. Inflation and Federal Reserve rate hikes could push them even higher in July.
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US stocks close lower Monday following afternoon reversal of fortune – Proactive Investors

The Dow Jones Industrials Average closed down 217 points, or 0.7%, on Monday to end at 31072, while the Nasdaq Composite lost 92 points, or…
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How Crypto Hedge Fund 3AC Borrowed $2.3 billion From Lending Firm Genesis – Bitcoinist

The report that Teneo's document highlights the total outstanding debt from the failed crypto hedge fund with the lending firm for the first time
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Regionally Speaking: Is there a housing market crisis in northwest Indiana?

In today's highly competitive housing market, millions of Americans are priced out of buying a home, often competing with all-cash offers well
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