Tag: Mortgage Bankers Association

STOXX 600 slips as French rating review looms; still ends week higher

Stocks
European shares ended the week on a strong note but were a little lower on Friday as investors turned cautious ahead of Fitch's credit rating decision on France later in the day. The pan-European STOXX...

France credit downgrade: Fitch cuts rating to A+ from AA- in a record low; political turmoil clouds debt outlook

Business
File photo: French President Emmanuel Macron (Picture credit: AP) France’s sovereign credit rating has been cut by Fitch to A+ from AA-, with the agency warning that public debt will keep rising until at...

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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