Tag: Freddie Mac

RBI’s three-day VRRR auction too falls short

Economy
Mumbai: The Reserve Bank of India's (RBI) liquidity draining operation saw muted response from banks, leading to under-subscription in the second such auction in a row. The three-day variable rate reverse repo (VRRR) auction was...

Sino Biopharma spends $951m to acquire China-based LaNova Medicines

Market
Hong Kong-listed Sino Biopharmaceutical will acquire China-based oncology specialist LaNova Medicines in a deal that will not exceed $951m, representing one of the largest transactions within the Asia-Pacific pharmaceutical...

Average US rate on a 30-year mortgage edges higher, ending a seven-week slide

Market
The average rate on a 30-year mortgage in the U.S. edged higher this week, ending a seven-week slide...

Average rate on 30-year mortgage snaps 3-week slide and rises to highest level since late November

Market
The average rate on a 30-year mortgage in the U.S. rose this week to its highest level since late...

The Fed Cut Rates, So Why Are Mortgage Rates Climbing? The Truth Behind The Housing Market’s Latest Curveball

Market
U.S. mortgage rates rose for a fourth consecutive week, climbing as housing demand waned. Despite recent expectations of relief...

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