Purchase activity soared to kick off the spring market this year as climbing rates didn’t dampen momentum over last year’s tepid start. Processing Content Those mortgage locks in March were up 38% from February and 20% greater from the same time last year, according to Optimal Blue’s latest Market Advantage Report. Home buyers accounting for […]
Spring purchase activity jumps despite climbing rates Read More »
Mortgage rates are based on movement in the bond market and although bonds experienced some volatility in response to Iran war news over the weekend, they ended up in similar territory to Friday morning. As such, it’s no surprise to see mortgage rates in similar territory as well. The average lender began the day 0.02%
Mortgage Rates Hold Steady Over The Weekend Read More »
(Bloomberg) — Goldman Sachs Group Inc. raised $6.5 billion from a US investment-grade bond sale, extending a borrowing spree that included a record debt offering earlier this year. Processing Content The deal tested investor appetite after a surprise drop in the investment bank’s bond-trading revenue overshadowed stronger-than-expected first-quarter earnings, sending its shares lower. Being a
Goldman extends borrowing run with $6.5 billion bond sale Read More »