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U S weekly jobless claims decline further; mid-Atlantic factory activity cools
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
U S weekly jobless claims decline further; mid-Atlantic factory activity cools
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
U S mortgage applications tick up, purchase applications at 3-month low - MBA
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
U.S. mortgage applications tick up, purchase applications at 3-month low - MBA
By Evan Sully
Reuters
(Reuters) - U.S. applications for home mortgages increased last week on a pickup in homeowners seeking to refinance their loans, but requests for loans to purchase a house fell to a three-month low amid an acute shortage of housing stock that is driving up prices.
The Mortgage Bankers Association (MBA) said on Wednesday its seasonally adjusted Purchase Index increased 1.2% from a week earlier, reflecting a 4% rise in applications for refinancing. Refinancing activity has ticked higher in recent weeks as mortgage interest rates have pulled back from their recent highs.
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Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. Elon Musk saw a huge increase in his wealth during the pandemic. Reuters
American billionaires have added $1.1 trillion to their collective wealth during the pandemic.
That brings the collective net worth of America s billionaires including 46 new ones to $4.1 trillion.
Meanwhile, millions of Americans remain unemployed and have fallen into poverty.
American billionaires saw their collective net worth grow by $1.1 trillion over the past 10 months, according to a new report from the the Institute for Policy Studies (IPS) and Americans for Tax Fairness (ATF).