Mortgage rates hit highest level since 2011

Mortgage rates hit highest level since 2011

The average rate on the 30-year fixed-rate mortgage is 4.76 percent this week, according to Bankrate, after hitting 5 percent the week before.
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Banking Stocks Plunge Amid Sluggish Consumer Lending

The stocks of major banks have been struggling most of the year and haven't been keeping up with the past year's overall stock-market gains amid a
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JPMorgan Calmed Wall Street About Its Biggest Fears — Then Said This

JPMorgan Chase (JPM) tried to ease fears about rising interest rates as well as its own warning about “geopolitical uncertainties” as a rush of bank
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Trump Gives Investors Good Reason to Be Scared

If a normal president had blamed an “out of control” Fed for tanking markets under these circumstances, investors would have been disturbed: After all,
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Iceland to merge central bank and regulator

The Central Bank of Iceland and Fjármálaeftirlitið (FMA), the financial supervisory authority, are to be merged “in a manner that builds greater trust and
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Mary Holm: Take aim at the mortgage before your KiwiSaver

The short answer to your question is that it's probably better to put extra money into paying down your mortgage. If you were earning less than $35,000
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In Facebook, banks see some opportunities — but mostly risks

New York (CNN Business) You're in the market for a new home, and are chatting with your realtor on Facebook Messenger. Next time you log on to
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With mortgage rates at 7-year highs, housing getting hit

Tight housing inventories and high prices have left some prospective buyers on the sidelines. Now, mortgage rates have reached their highest level
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Live Oak Bank Selects 8×8 to Provide an Unprecedented Banking Experience for Small Business …

“One of the most critical aspects of banking operations is the ability to communicate with staff and customers. 8×8 enabled seamless communications
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Caracas's Longest Lines, Turkey's Inflation Battle, and United Populists: Political Focus

Former White House strategist Steve Bannon said in an interview with Bloomberg's Editor-In-Chief John Micklethwait in London on Oct. 10 that
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Hammond Promises 'Deal Dividend' in Warning to Brexiteers

Philip Hammond said reaching a Brexit deal with the European Union would deliver a boost to the British economy and allow him to plot a path out of
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London prime property prices set to stagnate

Owners of expensive London properties face stagnant house price growth for the next two years, according to research that cites Brexit uncertainty as
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Jefferies lifts second investment banking team from Deutsche

Jefferies has recruited its second team of investment bankers from Deutsche Bank in recent weeks, as the German lender's rivals continue to benefit
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How ETFs Fared During the Global Stock Selloff

… Seyffart and Bloomberg's Abigail Doolittle examine how ETFs performed during the week's global stock selloff. They speak on “Bloomberg Markets.
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BankThink Dear regulators: Don't cut big banks' capital

The U.S. banking agencies are proposing that the eight U.S.-based global systemically important banks should reduce their capital by $121 billion
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JPMorgan's consumer banking strength offsets bond trading weakness

N) reported a better-than-expected quarterly profit on Friday as gains from higher interest rates and growth in loans helped the bank offset weakness
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Oil Prices Rise With IEA's Cut to Demand Forecast

… 2019 and how the U.S. dollar is impacting commodities. He speaks with Bloomberg's Guy Johnson on “Bloomberg Markets.” (Source: Bloomberg)
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Mountain Mortgage Guy: Loans for home rehab are becoming easier to get (column)

As part of the ever-expanding array of mortgage products out there, homebuyers now have options that include being able to borrow funds to fix up
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Investec's Stopford Says Turkish Bonds in Short-Term 'Attractive'

… of multi-asset income, discusses Turkey's bond market with Bloomberg's Guy Johnson and Vonnie Quinn on “Bloomberg Markets: European Close.
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Large Foreign Inflows are Growth Risk, Singapore Deputy PM Says

“There's too much short-term capital flows dictating the future of countries,” Tharman Shanmugaratnam said in an interview with Bloomberg
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