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Mortgage demand rises 2.2% as interest rates decline slightly

The Mortgage Bankers Association's seasonally adjusted index shows that mortgage applications increased 2.2% last week compared to the prior week, driven by a small drop in interest rates. Applications for refinances, which are often the most sensitive to weekly rate...

House prices: What happens when they fall?

The Bank of England has increased interest rates to 3%, which will feed through into higher mortgage costs. Some lenders reported declining home prices prior to the most recent rate increase. But is this merely an anomaly or the beginning of a larger decline? What...

Mortgage demand falls slightly even as rates slip from recent highs

According to the seasonally adjusted index from the Mortgage Bankers Association, mortgage application volume hardly changed last week, declining 0.5% from the prior week. Rates, meanwhile, slightly decreased last week, although they are still very close to a 22-year...

Hong Kong Proposes Allowing Retail Trade in Cryptocurrencies

HONG KONG - In an effort to restore Hong Kong's reputation as a fintech center, the government has suggested enabling ordinary investors to trade in cryptocurrencies and crypto exchange-traded funds. A number of start-ups have moved to other markets, such as Singapore...

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