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Daily Archives: November 2, 2018

Freddie Mac: Mortgage rates dip slightly

Mortgage rates took a dip this week, falling only slightly, according to Freddie Mac’s latest Primary Mortgage Market Survey. According to the survey, the 30-year fixed-rate mortgage averaged 4.83% for the week ending Nov. 1, 2018, sliding from 4.86% last week, but still much higher than last year’s rate of 3.94%. “While higher mortgage rates have led to a decline in home sales t… ...

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Britain's Barclays, Lloyds shock in EU bank stress test

LONDON (Reuters) – Britain’s Barclays (BARC.L) and Lloyds (LLOY.L) were the surprise laggards in a European Union bank health check on Friday, although none of the 48 lenders tested failed a major capital threshold. The EU’s banking watchdog published results on Friday for its toughest “stress test” since 2009, when it began the exercise to identify capital holes and avoid ...

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