The number of mortgage applications, including refinancings and additions, increased by 16 percent in the first quarter of 2024 compared to the same quarter last year. Applications for the purchase of a home increased by 19 percent, De Hypotheker reported on Wednesday. Half of these applications were from young home buyers under the age of 35.
NEW YORK (AP) — A washout on Wall Street sent stocks sinking Wednesday, as worries rose that what seemed like a blip in the battle to bring down inflation is turning into a troubling trend. The S&P 500 dropped 0.9%, and the vast majority of stocks within the index fell. The Dow Jones Industrial Average []
Korean drama Hide, Episode 5 ratings are out, and they are the highest the series has earned for its Saturday episode yet.
Member of the European Central Bank (ECB) Governing Council and Bank of Latvia Governor Martins Kazaks said on Friday that the former institution will cut its key interest rate in June "if nothin
The numbers, while a crescendo on the rising unemployment numbers of Black Americans dating back to December 2023, have not yet risen to the point of alarm for experts.
Inflation in the UK fell to its lowest level in two-and-a-half years in March after a further easing in food prices, official figures show, a development that could further pave the way for a welcome cut in interest rates soon. Consumer prices rose by 3.2 per cent in the year to March, down from 3.4 […]
It was the fifth consecutive time the ECB has frozen borrowing costs, with the key deposit rate sitting at a record high of four percent
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Profit at Wells Fargo fell as the bank reported a hefty fall in interest income reflecting the need to pay out more to attract depositors.
NEW YORK >> A washout on Wall Street sent stocks sinking today, as worries rose that what seemed like a blip in the battle to bring down inflation is turning into a troubling trend.
Inflation is on the rise again, but according to recent trade data, so are Chinese imports to the US, showing a strong consumer economy.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.01% from 6.91%.