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-0.000222419928825579 0.000667259786476894 0.00333629893238431 0.00266903914590757 -0.000849644128113795 -0.000222419928825579 -0.0046708185053381 -0.0040035587188612
Stock impact report

Subdued mortgage rates delivering a measure of relief to U.S. housing market [MarketWatch]

Lennar Corporation Class A (LEN) 
Last lennar corporation class a earnings: 3/19 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.lennar.com
Company Research Source: MarketWatch
Mortgage rates stay subdued, bringing relief to slumping housing market Americans flocked to line up financing for home purchases as rates for home loans remained favorable, suggesting the recent housing downturn may be easing. The 30-year fixed-rate mortgage averaged 4.45% in the January 17 week, mortgage guarantor Freddie Mac said Thursday . That was unchanged during the week, and still at a nine-month low. The popular product hasn’t managed a gain in over two months. The 15-year fixed-rate mortgage averaged 3.88%, down one basis point. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.87%, up from 3.83%. Those rates don’t include fees associated with obtaining mortgage loans. Even as mortgage rates have declined or stayed steady over the past few months, Americans have applied for home loans in droves. In the most recent week, mortgage purchase applications hit the highest level since April 2010, the Mortgage Bankers Association said Wednesday. (Refinances are Show less Read more
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