World News Story: Mortgage Requests Rise as Rates Near 10-Month Low

Mortgage brokers’ share of home loans on the rise mortgage broker market share hit 11.9 percent, up from around 5 percent to the highest level in eight years.

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US Unemployment Rate Falls to 49-Year Low of 3.7 Percent. higher mortgage rates and a shortage of properties for sale are slowing purchases.. We’re not sure if fanning the flames of.

Trump urges Fed to juice economy, lower rates. The president called on the Federal Reserve to open the monetary floodgates to turn the economy into a "rocket ship."

Heatwave melts Greenland ice sheet into 10 billion tonnes of water HONG KONG (MarketWatch) – As auditors examine working conditions at the China factories that make products for Apple Inc., industry analysts agree on one outcome: Your iPhone is going to cost more in.

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Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

Gold gains on expectations of a rate cut since lower interest rates reduce the opportunity cost of holding the metal and weighs on the dollar. The dollar index fell to a near eight-week low. 2.2%.

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And if interest rates continue to rise, the balance could. to see 30-year fixeds topping out near 7 percent by the end of the year, which is 0.85 percent above a May 10th low. The difference means.

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Tax credits could help foreclosure victims buy homes again Many remain locked out of homeownership because they lack cash or still have credit issues.