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...The average 30-year fixed mortgage rate rose to almost 8 per cent in November, a level not seen since 2000, according to Freddie Mac. Rates have since fallen below 7 per cent....
...But the bigger picture remains a strong economy and national housing shortage supporting rent growth combined with preferential government financing via Fannie Mae and Freddie Mac....
...The average rate on a 30-year mortgage rate recently jumped to 7.23 per cent, according to home loan agency Freddie Mac....
...Mac, Gillette, Freddie Mac, Wells Fargo, Washington Post)....
...“The closing of the energy space to private investment puts more pressure on Pemex,” said Lisa Schineller, sovereign ratings managing director at S&P....
...After a glut of early stage companies went public in 2020 and 2021, biotech markets have slumped, with the S&P XBI index of smaller biotech companies down 50 per cent since a peak in February 2021....
...Mortgage rates have moderated in recent weeks, with the average 30-year rate falling to 6.13 per cent from a peak of 7 per cent in November, according to Freddie Mac....
...First, interest rates on fixed-rate mortgages are still quite high, as you can see from Freddie Mac’s weekly data, even if they aren’t rising much anymore....
...US home prices decelerated slightly in June with the S&P Corelogic Case-Shiller index showing home prices rising 18 per cent year on year during the month, down from 19.9 per cent in May....
...According to Freddie Mac, the average 30 year mortgage rate reached the highest level since 2002 last week as the Federal Reserve continues raising interest rates to combat inflation....
...The S&P CoreLogic Case-Shiller US national home price index rose 18 per cent in the latest reading in June, down from 19.9 per cent the month before....
...The average rate on a 30-year mortgage rose to 5.55 per cent last week, compared with 2.87 per cent a year ago, according to Freddie Mac, the US government-backed mortgage provider....
...The average rate on a 30-year mortgage rose to 5.54 per cent last week, compared with a rate of 2.78 per cent a year ago, said Freddie Mac, the home loans guarantor propped up by US taxpayers....
...The average rate on a 30-year mortgage was 5.8 per cent last week, up from 3.2 per cent at the start of the year, according to Freddie Mac....
...It is worth remembering that rates rallied sharply following the downgrade of the USA sovereign rating by S&P in August 2011....
...The S&P CoreLogic Case-Shiller National Home Price Index rose 19.2 per cent year on year in January....
...In July, the S&P Case-Shiller index, which measures house prices in 20 US cities, recorded its first monthly decline in a decade, dropping by 0.44 per cent....
...Mortgage rates have risen to 3.92 per cent, up from 3.69 per cent a week earlier and the highest since May 2019, according to Freddie Mac....
...The average rate on a 30-year mortgage was 3.56 per cent last week, up from 3.05 per cent in late December, according to Freddie Mac....
...US home prices grew at a slightly slower pace in September, according to S&P CoreLogic Case-Shiller index data released on Tuesday....
...Borrowing costs for companies have shot higher, as have mortgage rates for consumers, which hit 5 per cent for the first time since 2011 last week, according to Freddie Mac....
...The blue-chip S&P 500 index also declined on Thursday with a 3.5 per cent loss....
...Mortgage rates have reached their highest levels in more than a decade, according to the latest Freddie Mac survey published yesterday....
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