So Much for the Dip in Mortgage Rates. They're Rising Again

So Much for the Dip in Mortgage Rates. They're Rising Again

The average rate on a 30-year fixed-rate mortgage has climbed this week to 4.62%, from last week's 4.54%, says mortgage giant Freddie Mac.
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United States: Banking Agencies Issue Statement On Enforcement Coordination

The new statement outlines how a federal banking agency should proceed after deciding to take a formal enforcement action against any federally
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At US$09.86, Is Sapiens International Corporation NV (NASDAQ:SPNS) A Buy?

Sapiens International Corporation NV (NASDAQ:SPNS), a software company based in Israel, saw a significant share price rise of over 20% in the past
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China's tighter regulation of shadow banks begins to bite

THE teller at ICBC, China's (and the world's) biggest bank, ushers a new, well-heeled customer into a private room. It is not for VIP treatment but a
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US Fed buys $1.5 billion of mortgage bonds, sells none

Freddie Mac or the Government National Mortgage Association, or Ginnie Mae,. in the latest week. It sold none the prior week. (New York Treasury
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Estate on Palm Beach's Billionaires Row fetches $41.3 million: deed

Listing broker Christian Angle of Christian Angle Real Estate handled both sides of the sale. He last had the house priced at $59.5 million, down from
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Google Buys More Land in Europe for Data-Center Construction

Mountain View, California-based Google, which is lagging behind Amazon.com Inc. and Microsoft in cloud services, said in April that the bulk of $7.7
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'I Thank My Good Fortune That I Wasn't Born a Woman in India'

Talking to: Moran Kushnir, 40, lives in Beit Hashmonai, engages in cultural research specializing in India, lecturer and tour guide abroad. Where: A
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Apple Is Close to a Deal for an Animated Movie

… but the talks mark a new level of ambition for Apple's plan to take on Netflix Inc., Google and Amazon.com Inc. in the booming online video market.
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Freddie Mac announces new job program for houseowners

On Thursday, Freddie Mac, mortgage loan company, announced that it has entered into a new partnership plan to help the homeowners who are
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Key household debt ratio creeps lower in first quarter to 168.0 per cent

Total household credit market debt, which includes consumer credit and mortgage and non-mortgage loans, totalled $2.13 trillion in the first quarter.
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China economy slows as lending clamp bites

China reported weaker-than-expected activity data for May, adding to views the economy is finally starting to slow under the weight of a prolonged
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Russia's top five banks account for 80% of ballooning volume of mortgage loans

The biggest five banks in Russia account for eight out of ten rubles lent to home buyers, and mortgage loans were up by over 80% in the first four
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Memphis-based EdR may sell to global real estate firm for $3.1 billion: Report

Education Realty, or EdR, has been in talks to be acquired by Greystar Real Estate Partners for about $3.1 billion, states the report that cites unnamed
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The Alberleen Group Adds Bryan L. Kobel as Managing Director, Investment Banking and Capital …

NEW YORK, June 14, 2018 /PRNewswire/ — Investment and merchant banking firm The Alberleen Group announced today the addition of Bryan L.
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Fortune may defer Saskatchewan metals processing plant

Project developer Fortune Minerals may defer its planned metals processing plant near Saskatoon, Saskatchewan, and may opt to sell concentrates
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Leaked audio hears Whole Foods CEO John Mackey complain about Amazon

It seems Whole Foods and Amazon executives have had a love-hate relationship since the internet retailer took over the title as parent company to the
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Arbor Realty Trust Closes Tenth Collateralized Securitization Vehicle

… a Freddie Mac Program Plus® Seller/Servicer and a Top Freddie Mac Small Balance Loan Lender, a Fannie Mae and Freddie Mac Seniors Housing
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New bank set to launch in South Africa

After more than a decade of South Africa's biggest banks not having to face fresh competition, new rivals are stacking up. The latest entrant, the Young
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Slowdown in residential property prices an opportunity for specialist lending – Hersch

House prices saw the biggest dip since 2012 in April with May's figures only slightly better, according to the Royal Institute of Chartered Surveyors
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