(Bloomberg) — US mortgage rates surged last week by the most in four months, reaffirming a retrenchment in housing demand that’s struggling for momentum. Most Read from Bloomberg The contract rate on a 30-year fixed mortgage rose 21 basis points to 6.39% in the week ended Feb. 10, the highest …
Read More »WTI on track to record second weekly loss
WTI extended its fall this week and it is currently found trading near $76 per barrel. The Fed’s interest rate decision yesterday was apprehended as dovish by the market and caused the dollar’s fall to fresh 9-month lows and energy traders’ focus turns towards the looming European Commission’s proposal for …
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