Is It Last Call for Low Mortgage Rates? Why Home Buyers Should Act Now

Is It Last Call for Low Mortgage Rates? Why Home Buyers Should Act Now

All good things come to an end—even low mortgage interest rates. They've been steadily rising and are poised to climb even higher this year. When they do, the cost of buying a home will rise as well. This could make the challenges of today's buyer's market even worse for some prospective
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Why Coca-Cola Is Finally Getting Into the Booze Business

The Coca-Cola Company sells a lot of different beverage types, from water and milk to iced tea and many, many permutations of flavored sugar-water. However, alcohol has never been on that list—until now. The company is going to start selling an alcopop, or Chu-Hi, exclusively in the Japanese market
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Designers Are Embracing Personalization, But It Should Be Used With Care

Tucker Fort, partner, Smart Design, speaks at the Brainstorm Design conference in Singapore on Mar. 7, 2018. Stefen Chow/Fortune. By Robert Horn. 10:11 PM EST. It's all about you – sort of. In the coming years, the trend towards personalization will create huge opportunities in many industries,
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Mortgage rates move upward for Wednesday

Several closely watched mortgage rates trended upward today. The average for a 30-year fixed-rate mortgage moved up, but the average rate on a 15-year fixed were unchanged. The average rate on 5/1 adjustable-rate mortgages, or ARMs, the most popular type of variable rate mortgage, floated
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Wall Street Has Something to Say About White House Exit of 'Grown Up' Gary Cohn

The resignation of Gary Cohn as top White House economic adviser roiled markets Wednesday, sending the dollar down against the yen and U.S. stock futures lower. While global equities recovered from a trade-induced blow last week, graver concerns are emerging. The White House said late
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Banking legislation has Donnelly provisions

Donnelly's other provision began as the Preserving Access to Manufactured Housing Act, which would exclude manufactured-housing retailers from federal requirements affecting mortgage and loan originators and high-cost mortgages. He said the provision would allow consumers to obtain financing
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Brexit Bulletin: Bidding for the Bankers

(Passporting, or the free access across borders that banks get from the EU's single market, is off the table – even the Brits are no longer asking for it.) French Economy Minister Bruno Le Maire was clear on Tuesday that all the U.K. can hope for is “equivalence,” a system the U.K. and its banking industry
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Tesla Loses Top Spot in Residential Solar to Sunrun

Tesla's retrenchment accounted for 97 percent of the residential segment's contraction since SolarCity's installations reached a peak in the fourth quarter of 2015, according to Bloomberg New Energy Finance. Without that marketing muscle, smaller installers also saw declines in that period, and total
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NME Magazine is over as Time Inc pulls production of weekly title

The news was announced this morning by NME owner Time Inc, which confirmed in a statement: “NME's free weekly print magazine will cease publication. This week's issue of the magazine out on Friday will be the final free print edition.” Paul Cheal, Time Inc. UK group managing director, Music, says:
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Landbay ready to seize lending opportunities as cheap bank funding ends

LANDBAY founder John Goodall has warned banks will struggle to lend without the cheap money from the Bank of England's Term Funding Scheme (TFS). The scheme, which launched in September 2016 and gave banks access to cheap money on the wholesale markets on the basis that they would
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Mortgage applications stall, along with interest rates

The start of the spring housing market has yet to energize the mortgage market, the latest numbers from the Mortgage Bankers Association show. Total mortgage application volume was essentially flat last week, up just 0.3 percent on a seasonally adjusted basis, according to the MBA. Volume was 5
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Mann Island makes own lending push

Mann Island Finance has said it plans to increasingly develop its own lending capabilities next to its operations as a broker. The company, founded in 1991 and a part of Investec's asset finance group of businesses since 2014, said it was looking to provide “the widest breadth of products and risk
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Refinance mortgage rate moves higher for Wednesday

At the current average rate, you'll pay $497.81 per month in principal and interest for every $100,000 you borrow. That's $2.35 higher compared with last week. You can use Bankrate's mortgage calculator to estimate your monthly payments and see what the effects of making extra payments would be.
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Johannesburg's best suburbs for first-time buyers revealed

Johannesburg's best suburbs for first-time buyers revealed: Affordability is a key driver for Gauteng's housing market, with buyers currently in the pound seats. From Midrand to Fourways, here's where to find value…
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Ohio Co. real estate transfers for Mar. 6, 2018

Steven R. and Christina L. Beebout to Thomas Lee Greenwell and Ashley Marie Greenwell – Property on Griffin St. in Ohio County. Alex T. and Teresa Lynn Boswell to Alex T. Boswell, Teresa Lynn Boswell, Bobby Lee Moxley, Jr. and Debra Gale Moxley – Boundary Line Agreement. Bobby Lee Moxley
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Endo International plc – (NASDAQ:ENDP) Short Interest Up 6.3% in January

BMO Capital Markets reduced their price target on shares of Endo International from $10.00 to $9.00 and set a “market perform” rating for the company in a research report on Monday. Gabelli downgraded shares of Endo International from a “buy” rating to a “hold” rating in a research report on
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Halifax Data Show Housing Market Transactions Steady while Prices Slow in February

“The lack of new instructions coming to market continues to impede activity and new instructions have now fallen for 23 consecutive months – the worst sequence since 2007- 2009.” UK house price growth continued to wane in the three months to the end of February, according to the latest Halifax Bank
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Mortgage Technology Pivots From Compliance to the Customer

The mortgage industry's attention continues to shift toward technology that engages the customer, after years of near-exclusive focus on compliance solutions.
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Gateway Investment Advisers LLC Reduces Holdings in Philip Morris International Inc. (NYSE:PM)

Novare Capital Management LLC grew its position in shares of Philip Morris International by 0.3% during the 2nd quarter. Novare Capital Management LLC now owns 1,842 shares of the company's stock valued at $216,000 after buying an additional 5 shares during the last quarter. Cullen Frost
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PASLA: Taiwan to further update SBL model

Taiwan is set to make further updates to its securities borrowing and lending (SBL) model this year, according to a panellist at the 15th Annual Pan Asia Securities Lending Association Conference. The panellist discussed the current SBL model in Taiwan, revealing that in 2018 it plans to make
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