Rising interest rates not slowing down housing market. by KOMO Staff. (Seattle housing). AA. SEATTLE, Wash. — Rising interest rates are not enough to cool off the red-hot housing market, Especially in Seattle, where a new report finds some big returns for sellers. KOMO's Carleen Johnson has details.
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In the eyes of Fortune Magazine, Nick Saban is one of the greatest leaders in the world. That's right â the world. And he's pretty high up on the list, too. Fortune revealed its annual top 50 list, and Saban, on the heels of his sixth national title, came in at No. 12, just behind Mary Barra, the CEO of General
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Wunder Capital, a financial technology company that provides financing solutions to commercial-scale solar energy projects across the United States, has raised $112 million in equity and debt financing to accelerate the growth of the company. The Colorado-based company connects individual and
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A Qualcomm spokesperson told Fortune in a statement that both full-time and temporary workers will be affected by the layoffs, without citing the specific number of full-time and contract workers that will be cut. âWe first evaluated non-headcount expense reductions, but we concluded that a workforce
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Takeda Pharmaceutical Co. offered to buy drugmaker Shire Plc for about 42.4 billion pounds ($60 billion), officially kicking off what would be one of the biggest corporate takeovers ever by a Japanese company, Reuters reported. Takeda is said to have offered 46.50 pounds a share for Shire in a deal
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The intersection of homeownership and racial disparity was in the spotlight with a new data analysis of mortgage denial rates based on race and a … Last month, four civil rights groups led by the National Fair Housing Alliance (NFHA) filed a lawsuit against Facebook in federal court that accused the
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On Thursday, mortgage buyer Freddie Mac said the average rate on 30-year, fixed-rate mortgages rose to 4.47 percent from 4.42 percent last week. A year ago, this benchmark rate averaged 3.97 percent. The average rate on 15-year, fixed-rate loans rose this week to 3.94 percent from 3.87 percent.
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Mortgage rates jumped to their highest levels of the year, according to the latest weekly survey from Freddie Mac. The 30-year fixed-rate mortgage averaged 4.47% for the week ending April 19, up from 4.42% last week, and the 15-year fixed averaged 3.94, vs. 3.87% a week ago. Last year at this time,
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In Birmingham, the median mortgage balance is $121,280, median income is $34,480, and median house value is $98,000. The mortgage debt-to-income ratio in Birmingham totaled 352 percent, and the mortgage debt-to-house value ratio totaled 124 percent. WalletHub's sample includes only the city
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Philip Morris International (PM) has never had a day this bad. Ever. Its shares have dropped 16% to $85.15 after the company reported better-than-expected earnings that were ignored by investors who decided to focus instead on lackluster results from its iQOS heated-tobacco system, and loss of
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The Remodeling Market Index (RMI) is to home remodelers as the Housing Market Index (HMI) is to new home builders. Each is constructed by the National Association of Home Builders (NAHB) to reflect builder confidence in their particular share of the market. The quarterly RMI is based on responses
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Join experts, Stephenie Williams and Douglas Roman, as they identify current trends across the lending environment and explore the impact of recent tax reform on borrowers. Leave with actionable strategies to optimize lending at your credit union, and which products to promote that best leverage
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In other words, the value of the properties insured by carriers will appreciate with an improving real estate market, increasing their potential liabilities from claims. This may outpace the rising yields on bonds they added to their portfolios for covering the claims. In fact, the bonds in their portfolios will lose
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Apollo Commercial Real Estate Finance, Inc. (ARI) ended its last session at $17.88 by Declining -0.06%. The company currently has an average volume of 1.99 Million. Apollo Commercial Real Estate Finance, Inc. has its outstanding Shares of 107.59 Million. Market capitalization is the total market value
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While Italian bonds are an attractive buy for foreign investors on a currency-hedged basis, Aviva money manager James McAlevey prefers owning European bank debt, which have similar yields but are less exposed to a slowdown in European Central Bank buying. He has a neutral position on Italy's
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Former Playmate Karen McDougal is now free to discuss her alleged affair with Donald Trump with whomever she wants, after settling a suit with the owner of the National Enquirer. But the case made many people wonder: Why couldn't she do so before? And why would American Media Inc.âwhich
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The bank intends to use half of the building on Greg Manor Boulevard near State Highway 290 for a branch office and lease out the other half to a title company. The building, expected to open in the fall, is being marketed by Kevin Murphy of Retail Solutions. Embree Construction of Georgetown handles
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It was up-up-and-away in the latest housing data, with mortgage rates and home prices both hitting four-year highs. … two-thirds of that sum traced to the hurricane-affected areas of Texas and Florida (Black Knight does not include the Hurricane Maria-related damage in Puerto Rico in its national data).
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The finance industry's attitude to automation and technical innovation resembles the old song lyric: “Everybody wants to go to heaven, but nobody wants to die.” Bank executives love to warn of robots replacing humans across the industry, but basic IT management often seems beyond them.
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The following real estate transfers were recorded recently in the Hancock County Recorder's Office: March 30. Sharon K. Adams to Mark M. and Katherine L. Riffle, 2155 S. Oakwood Drive, Sugar Creek Township, $278,500. Trent M. and Amy Bell to Bradley J. and Alissa N. Lockwood, 9872 N. Port Drive,
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