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0 0 1.17771758332245E-05 0.000376869626663585 0.000800847956659934 0.0025909786833118 0.0043693322341303 0.00285007655164287
Stock impact report

Mortgage rates hover near 7% [Yahoo! Finance]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: Yahoo! Finance
The average rate for 30-year mortgages remained below the 7% mark, but not by much, settling at 6.91% on Thursday, according to Mortgage News Daily. Another measurement tracking weekly average rates for the 30-year loan inched down to 6.79% from 6.87% a week prior, according to Freddie Mac But homebuyers largely dismissed this week's minor drop as they wait for the Federal Reserve to cut rates, a good possibility at the central bank's June meeting . Not only would financing be cheaper, but more sellers could be prompted to list their homes — a dual benefit for those who have been sidelined by affordability challenges. “Purchase applications were essentially unchanged, as homebuyers continue to hold out for lower mortgage rates and for more listings to hit the market,” said Joel Kan, vice president and deputy chief economist at the Mortgage Bankers Association. Homebuyers anticipating relief as home prices increase The volume of both mortgage applications and home-purchase a Show less Read more
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