Latest News for: Rating rating

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7% mortgage rates make a comeback, stifling home-buying demand

Market Watch 21 Feb 2024
mortgage applications plunged in the latest week as mortgage rates rose over 7% as hopes fade for a near term interest rate cut by the Federal Reserve ... The rate for adjustable-rate mortgages rose to 6.37% from last week’s 6.3%.
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Americans Hold on to the Dream of Homeownership

Victoria Advocate 21 Feb 2024
40% of Hopeful Buyers Would Consider Buying if Rates Hit 6% or below and Millennials and Gen Z Are Even More Bullish ... "This optimistic lens may shape the way younger shoppers in particular view mortgage rates.
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The fine art of capturing the lesser spotted freight rate increase

Seatrade Maritime News 21 Feb 2024
Container lines and their clients are engaging in their annual pre-contract rate dance, aided, to a certain degree, by analysts’ forecasts on the state of the industry ... Red Sea disruption, container freight rates, and shipper disputes.
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A majority of people would buy if mortgage rates fall to this level, survey shows

Market Watch 21 Feb 2024
A majority of people still believe in the American dream of owning a home, a new survey shows, as long as mortgage rates fall enough to make the math work ... Each drop in rates, no matter how small, makes a difference, Realtor.com noted.
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Key rate cut seen as move to prop up realty

ECNS 21 Feb 2024
Tuesday's cut has sent minimum interest rates of newly added first-home mortgages to a level below 4 percent, except for core areas in Beijing ... "Without a rate cut from the U.S. Federal Reserve, the PBOC may choose not to reduce the MLF rate.".
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US mortgage applications fall 10% as rate climb back above 7%

Anadolu Agency 21 Feb 2024
US mortgage applications fell last week as the 30-year mortgage rate climbed back above 7%, according to a report Wednesday by the Mortgage Bankers Association (MBA) ... "Mortgage rates moved back above 7 ...
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Morgan Stanley expects shallow repo rate cut from June policy meeting

Beijing News 21 Feb 2024
Morgan Stanley expects the Reserve Bank of India to start cutting rates from June 2024, with both retail and wholesale inflation figures remaining at a manageable level ... The repo rate is the rate of interest at which RBI lends to other banks.
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Market exchange rates in China -- Feb. 21

Xinhua 21 Feb 2024
21 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Wednesday by the China Foreign Exchange Trade System.. Currency Unit Central parity rate in yuan.
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Liquidity deficit tightening financial conditions: CRISIL

Indian Express 21 Feb 2024
Financial conditions have tightened the economy with liquidity going into a deeper deficit putting upward pressure on short-term rates, according to a research report by CRISIL Market Intelligence and Analytics.
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Fixed-income portfolio rebalancing on card as global monetary tightening cycle ends

Live Mint 21 Feb 2024
The global monetary tightening cycle has ended, ushering in a prolonged pause in interest rate adjustments ... yield was around 4.30%, as hopes of imminent rate cuts ebb. The odds of a Fed rate cut in May are down to 37%.Also Read.
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This study ranked all 50 states by property tax rates. See where New Jersey falls

New Jersey Herald 21 Feb 2024
According to personal finance website WalletHub, New Jersey has the highest real estate tax rate in the nation ... Right behind New Jersey, Louisiana has the second highest real estate tax rate in the nation at 2.11%.
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How does the Treasure Coast rank for vehicle injury accidents, fatalities?

TCPalm 21 Feb 2024
"It also lets us see where these rates are lowest and the potential lessons that could be learned to make our roads safer, such as in Miami-Dade county.” ... 5,380, or 41.2% injury rate ... 7,352, or 42.5% injury rate.
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Property tax bills in Fairfax Co. would go up under budget proposal

Wtop 21 Feb 2024
Under the the property tax rate would go up for the first time in six years, raising annual bills by hundreds of dollars on average when coupled with increased real estate assessments for 2024 ... 27 to go over the budget and tax rate.
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When Will Housing Affordability Improve? Spoiler Alert: It Will Take Time

Pagosa Daily Post 21 Feb 2024
Inflation is slowing and job growth has surged, but many Americans still feel the burden of expensive housing, fueled in part by high demand, low inventory, and mortgage rates ... It’s currently 6.77% for a 30-year fixed rate mortgage.
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China's overnight Shibor interbank rate increases Wednesday

China.dot.org 21 Feb 2024
21 (Xinhua) -- The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of China's interbank market, ...

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