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Mortgage rates increase for Thursday

Mortgage rates increase for Thursday

A month ago, the average rate on a 30-year fixed mortgage was lower, at 3.51 percent. Mortgage rates likely will stabilize as the market settles down, some say. Home loan rates are loosely tied to long-term bond yields, which have been on an upward march. The yield rose further to 2.59 percent Thursday. Given how low mortgage rates have been for so long, today's refinancers are highly rate-sensitive; even the slightest move higher in rates keeps more borrowers from being able to benefit ...


Sumner Redstone leaving Viacom board after February meeting

Sumner Redstone leaving Viacom board after February meeting

According to Friday's SEC filing, Shari Redstone will remain vice-chairman of Viacom , and the company's board will be trimmed from 15 positions to 10. Dauman and a number of board members with ties to him were ousted by the Redstones this summer-what Dauman in essence called an attempt by Shari to amass more power within her aging father's empire.



HSBC, Chase Bank: Today's Mortgage Interest Rates Dec 16, 2016

A month ago, the average rate on a 30-year fixed mortgage was lower, at 3.51 percent. The 5-year Treasury-indexed hybrid adjustable-rate mortgage was also up, averaging 3.19% this week. Long-term mortgage and interest rates have surged in the weeks since Trump's surprise victory in November. A key mortgage rate is on the way up again at Toronto-Dominion Bank.


Lowers Inovalon Holdings Inc. (INOV) to Market Perform

Lowers Inovalon Holdings Inc. (INOV) to Market Perform

Currently, the stock has a 1 Year Price Target of $11.63. The share price is now at -43.96% for the past six months. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating on the company.



Stock's Traders Alert - MGM Resorts International's (MGM)

Shares of MGM Resorts International (NYSE:MGM) traded down 0.7270% on Wednesday, hitting $28.1141. It also operates other casinos, which includes MGM Grand Detroit in Detroit, Michigan; Beau Rivage in Biloxi, Mississippi, and Gold Strike Tunica in Tunica, Mississippi.



Oil prices edge up as Kuwait cuts supplies by more than expected

Earlier on Friday, the premium of the Brent front-month over the same USA contract rose to $2.27 a barrel, putting it within a couple cents of its highest mark since August. According to sources from the client side who spoke to Reuters, Kuwait was cutting supplies above the so-called operational tolerance. Kuwait Petroleum Corporation (KPC) already said on Tuesday that it had officially notified its customers of a cut in their contractual crude oil supplies for January, in line with a deal ...