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Welkom op r-l verzekeringen, rubriek usafinance
News on loan, for more information please visit the website:
the-loan-page.com
NEW YORK (Reuters) - Applications for U.S. home mortgages were unchanged for the week ended Dec. 17 from the prior week as an increase in refinancing offset a decrease in purchases, an industry trade group said. The Mortgage Bankers Association said its seasonally adjusted index of mortgage activity was flat at 689.3 in the week ended Dec. 17, following a 1.0 percent drop the previous week. Fixed 30-year mortgage rates averaged 5.69 percent last week, excluding fees, up from 5.65 percent one week earlier. The MBA's seasonally adjusted index of refinancing applications rose 5.7 percent to 1958.2, following a 2.0 percent decline the prior week. The association's purchase index, a gauge of loan requests for home purchases, declined 3.6 percent to 471.1, on the heels of a 0.4 percent decline the previous week.
mortgage
News on mortgage, for more information please visit the website:
mortgage
By Kristin Roberts WASHINGTON (Reuters) - A jump in starts on single-family housing pushed total U.S. housing starts to a nearly 21-year high in January, but other data released on Wednesday were not as robust. Home mortgage applications dipped last week and industrial production was flat in January as warm weather dampened demand for heating and dragged down utilities output. Many analysts, and U.S. housing industry officials, said housing starts in January indicated solid economic growth in the United States, meaning the Federal Reserve has little reason to shift from its current stance of raising interest rates at a "measured pace." "Taken together it was strong and another indication the economy's still got plenty of momentum as it heads into 2005," said Nigel Gault, economist with Global Insight. U.S. housing starts climbed 4.7 percent to a seasonally adjusted annual rate of 2.159 million units in January from an upwardly revised 2.063 million unit pace a month earlier, the Commerce Department reported. The January total marked the highest pace of housing starts since February 1984 when they hit a 2.260 million unit pace. Wall Street economists had expected housing starts to decrease 4.3 percent to a 1.917 million unit rate from the 2.004 million unit rate initially reported for December. Low mortgage rates have supported the housing sector despite short-term interest rate increases by the Fed. In fact, interest rates on 30-year fixed-rate mortgages have not risen above 6 percent in at least six months, helping to keep the housing market hot, said Freddie Mac's chief economist. "Boom would be the most appropriate word for these housing numbers," said Patrick Fearon, economist at A.G. Edwards and Sons in St. Louis. "The data suggest that the housing sector is holding its own and is still healthy. It's consistent with the Fed's view that the economy is still growing at a pretty good pace and with the Fed's apparent plan to keep raising interest rates at a measured pace," Fearon said. Continued ...
insurance
News on insurance, for more information please visit the website:
online-insurance-usa.com
NEW YORK (Reuters) - U.S. blue-chip shares rose on Tuesday as gains in insurance stocks overshadowed a fall in consumer confidence to a 7-month low. The Dow Jones industrial average was up 101.17 points, or 1.04 percent, at 9,851.16. The Standard & Poor's 500 Index was up 10.47 points, or 0.96 percent, at 1,105.27. The technology-laced Nasdaq Composite Index was up 5.65 points, or 0.30 percent, at 1,919.69.
 
 
 
 
 
 
 
 
 
 
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