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Stock impact report

UPDATE 1-U.S. mortgage activity hits 2-month high as interest rates fall - MBA [Reuters]

Genworth Financial Inc (GNW) 
Last genworth financial inc earnings: 10/29 05:10 pm Check Earnings Report
US:NYSE Investor Relations: genworth.com/corporate/investors.html
Company Research Source: Reuters
UPDATE 1-U.S. mortgage activity hits 2-month high as interest rates fall - MBA | Reuters 3 Min Read * 30-year conforming mortgage rate posts biggest drop since 2017 * U.S. purchase mortgage activity reaches five-month peak * Refinancing activity rises further from near 18-year low (Adds background, quotes) By Richard Leong NEW YORK, Dec 12 (Reuters) - U.S. borrowers filed the most loan requests to buy a home and to refinance one in two months as most lending costs declined to their lowest levels since September, the Mortgage Bankers Association said on Wednesday. The Washington-based group’s seasonally adjusted index on mortgage applications increased 1.6 percent to 346.0 in the week ended Dec. 7. This was the strongest reading since the week of Oct. 5 when it was 346.7. Interest rates on 30-year, fixed-rate “conforming” mortgages with balances of $453,100 or less averaged 4.96 percent last week, the lowest level since the week of Sept. 28. They averaged 5.08 percent the prior week. T Show less Read more
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