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This week — the week of September 29 through October 5 — is the best time to buy a home, according to Realtor.com. Mortgage rates are the lowest they've been in two yearsMortgage rates have dropped rapidly in the last few months. Average 30-year mortgage rates are now down to 6.08%, according to Freddie Mac — the lowest they've been since September 2022. Should you buy during the 'best week to buy'? So, should you take advantage of the best week to buy?

Persons: —, Realtor.com, you'll, there's, Danielle Hale, Freddie Mac, Hale, that's Organizations: Service, Realtor.com

☆ Francis Ford Coppola borrowed over $100 million against his wine business to fund 'Megalopolis.' He's projected to earn less than $10 million back opening weekend.
▼ + stars: | 2024-09-28 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +3 min

Francis Ford Coppola spent over $100 million to fund his film "Megalopolis." AdvertisementFrancis Ford Coppola famously self-funded his newest epic "Megalopolis" — but unfortunately, it doesn't seem likely the film auteur will recoup the millions he invested. The film has received extremely mixed reactions from critics, with The Wall Street Journal calling it a "spectacular catastrophe." Lionsgate FilmsIn his new interview with The Wall Street Journal, Coppola explained how he funded the film by leveraging his own wine business, the Francis Ford Coppola Winery. Coppola told The Wall Street Journal.

Persons: Francis Ford Coppola, Coppola, —, It's, he'd, Palme, Adam Driver, Cesar Catilina, Nathalie Emmanuel, Julia, wasn't Organizations: Service, Street, Cannes, Wall, Lionsgate, Lionsgate Films, Wall Street, Sentinel Locations: New York City, Delicato, Inglewood, San Francisco

☆ When a millennial moved to Detroit from SF, he bought a home and opened a coffee shop. He said that would have been impossible on the West Coast.
▼ + stars: | 2024-09-28 | by ( John Towfighi | ) www.businessinsider.com time to read: +6 min

David Valdez, 35, moved to Detroit from San Francisco in 2018. Valdez moved to Detroit for better job opportunities and to be with his partner, Juna Durrant, who is from Michigan. In San Francisco, Valdez said he worked two jobs and lived with roommates just to get by. At the time, Valdez worked at various cafés in Detroit, including Astro, a coffee shop in the historic Corktown neighborhood. "If I stayed in San Francisco, I wouldn't even begin to try to open a coffee shop," Valdez said.

Persons: David Valdez, he's, Valdez, —, I've, Juna Durrant, Durrant, Detroit Valdez, San, California Valdez, refinanced Organizations: Service, Census Bureau, Starbucks, Astro, Business, David Locations: Detroit, San Francisco, Michigan, California, Mexico City, Alba, Mexican, David Valdez, ProsperUs, Corktown

☆ One couple relocated from Wyoming to South Carolina but moved after 5 months due to cost of living and traffic
▼ + stars: | 2024-09-28 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +7 min

The Mitchells are originally from Mississippi but moved to a small town in Wyoming in 2022. "And I was in the wedding and events industry, and that's really, really big in Charleston, so I was super interested in it." But just five months after they relocated, the Mitchells discovered Charleston didn't live up to the hype for them. Charleston challengesThe Mitchells told Business Insider that the cost of living in Charleston almost prevented them from moving there. AdvertisementOnce they moved to Charleston, the cost of living continued to be a pain point for the Mitchells regarding expenses like eating out or gas prices.

Persons: Morgan, Dawson Mitchell, —, " Dawson, that's, Dawson, Zillow, there's Organizations: Service, Mitchells, Charleston, Facebook, BI, Morgan Locations: Charleston, Mississippi, Charleston , South Carolina, Wyoming, Morgan, Southern, Louisville , Mississippi, Louisville

Even though the Fed plans to continue cutting rates, mortgage rates might not fall much more this year. Mortgage rates trended down ahead of this decision, but now that the cut has happened and the rest of this year's cuts are priced in, it will take a change in the economic outlook to push mortgage rates down further. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile.

Persons: they've, Freddie Mac Organizations: Federal Reserve, Fed, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs Locations: U.S, Chevron

☆ A $28 trillion problem is about to get much worse. Harris and Trump are ignoring it
▼ + stars: | 2024-09-27 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +8 min

But now, as the dangers of a widening deficit and mounting debt grow, former President Donald Trump and Vice President Kamala Harris are making little effort to address it. A budget deficit occurs when a country’s spending exceeds what it collects in revenue, primarily through taxes. The deficit is expected to widen under the status quo and could get even worse under proposals by both Harris and Trump, if enacted. During the Trump-Harris presidential debate earlier this month, the budget deficit was mentioned just twice, when Harris jabbed Trump for his proposals, which are expected to add considerably more to the deficit than hers. In the 2021 fiscal year, during which Trump left office, the country ran a $2.8 trillion deficit.

Persons: Donald Trump, Kamala Harris, Harris, Trump, Jerome Powell, “ It’s, ” Powell, Harris jabbed Trump, ”, Maya MacGuineas, “, Barack Obama, we’ve, I’ve, Obama, Mitt Romney, ” Obama, Romney, Hillary Clinton, Powell, MacGuineas, There’s, Kent Smetters, aren’t Trump, Smetters, aren’t Organizations: New, New York CNN, White, Trump, Republican, Democratic, Congressional, CNN, University of Pennsylvania’s Wharton School, Penn Wharton Budget, ”, Republicans, Democrats, “ Locations: New York, China, Japan

☆ 36-year-old’s Etsy side hustle brings in $220,000 a year—and costs under $40 to start: ‘You really can make a very good living’
▼ + stars: | 2024-09-27 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

She started a print-on-demand shop, using Canva software to create designs for Etsy-friendly products like T-shirts and candles. Last year, Odio-Sutton opened a second Etsy shop — selling downloadable event materials, like sign-up sheets and schedule templates — that's brought in $17,200 in sales so far in 2024. I'll batch design 10 candle labels one day, then make the listings for them on Etsy the next day. I follow what I'd call a template method: I do a lot of black-and-white designs, a lot of plain text. Then, if I have a template that sells really well, I'll just go in and swap in new words.

Persons: they've, Emily Odio, Sutton, She'd, She's, that's, —, I'm Organizations: CNBC, Gold City Ventures Locations: Melbourne , Florida, Sutton, Odio, U.S

☆ 32-year-old gave up on buying a home in LA after mortgage costs surged: 'Even a modest condo costs close to $1 million'
▼ + stars: | 2024-09-27 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

When Jonathan Ochart moved from San Antonio to Los Angeles in 2023 to grow his public relations business, he figured he'd buy a condo. But that's only one of the reasons he's priced out of the Los Angeles County market, even for a smaller place. In LA, "even a modest condo costs close to $1 million," he says. Jonathan Ochart gave up on buying a condo in Los Angeles. Courtesy of Jonathan OchartBy early 2024, Ochart had given up on the idea of buying a condo in Los Angeles altogether.

Persons: Jonathan Ochart, Ochart, you've Organizations: CNBC, U.S . Census Locations: San Antonio, Los Angeles, Texas, Angeles County, Ochart's, Beverly Hills, LA, San Jose , New York, Boston, LA County, U.S

These are the best credit cards for bad credit in 2024, according to Business Insider's team of credit card experts. Discover it Secured Credit Card ReviewBest for 1.5% Cash Back: Capital One Quicksilver Secured Cash Rewards Credit CardThe Capital One Quicksilver Secured Cash Rewards Credit Card is a secured credit card that earns a straightforward 1.5% cash back on all purchases with no limits. US Bank Altitude Go Secured Credit Card ReviewBest for Everyday Expenses: Bank of America® Customized Cash Rewards Secured Credit CardThe Bank of America® Customized Cash Rewards Secured Credit Card is another good option for maximizing your rewards earnings. Credit Cards for Bad Credit Frequently Asked QuestionsWhat are the main benefits of credit cards for bad credit? Upgrade to an unsecured credit card — Secured credit cards are meant to be a stepping stone to better financial products.

Persons: They're, it's, cardholders, you'll, Cardholders, Cash, you've, You'll, you’ve, it’s, Quicksilver, WebBank, —, Holly Johnson Freelance, Holly Johnson, Johnson, Angela Fung, Read Organizations: Business Insider, U.S . Bank, Bank of America, Card, Bank, Bad Credit, Credit, Business, Quicksilver, . Bank, Cell, Sporting, EV, US Bank, Cash Plus, U.S, Go, The Bank of America, Gas, Drug, of America, Walmart, Visa, Discover, Capital, CreditWise, Rewards, Bank Cash, Go Visa, Cards, U.S . News, Club, Finance Locations: U.S, Capital, Chevron

See more mortgage rates on Zillow Real Estate on ZillowWhat Are Today's Mortgage Refinance Rates? See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. Current 30-Year Mortgage RatesAverage 30-year mortgage rates are hovering around 5.80%, according to Zillow data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. But now that inflation has decelerated and the Fed is expected to cut rates soon, mortgage rates have trended down.

Persons: they've, Lawrence Yun, Freddie Mac, it's, Fannie Mae Organizations: Federal, National Association of Realtors, Zillow, Fed, Mortgage, Association, ARM, . Government Locations: Chevron, Government

☆ Van Goghs attacked again in London hours after Just Stop Oil activists sentenced
▼ + stars: | 2024-09-27 | by ( ) www.cnbc.com time to read: +2 min

Supporters of Phoebe Plummer and Anna Holland protest in front of Southwark Crown Court on September 27, 2024 in London, England.] Three Just Stop Oil activists threw soup at two of Vincent van Gogh's "Sunflowers" paintings in London's National Gallery on Friday, just hours after two other members of the protest group were jailed for doing the same thing in 2022. The activists threw tomato soup at the "Sunflowers" owned by the London Gallery, and another from the series that is on loan from Philadelphia Museum of Art for a temporary exhibition. The National Gallery said three people had been arrested and the paintings were unharmed. Activists from Just Stop Oil have staged a number of eye-catching protests in recent years, including disrupting sporting events, theatre performances and road traffic.

Persons: Phoebe Plummer, Anna Holland, Vincent van, Plummer, Holland, Christopher Hehir, Roger Hallam Organizations: Southwark Crown, Oil, London, Philadelphia Museum of Art, London's, London's Southwark Crown Court Locations: Southwark, London, England, London's Southwark, Britain, Europe

☆ I'm a multimillionaire, but I'm not leaving my kids any cash inheritance. I think it would be a mistake to make them wealthy.
▼ + stars: | 2024-09-27 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

Instead, he plans to pay for college, a car, a down payment, and make business loans. Here's what I'm doing instead, and how I talk with them about money and wealth. Courtesy of George ApplingI believe it's bad to make your kids wealthyI don't want to leave my children money because I believe it's bad to make your children wealthy. If the kids need $20 to go to the trampoline park with friends, I'll usually pay. I let the kids make mistakes with moneyAll my kids work during the summer, and saved about $1,000 each last year.

Persons: George Appling, —, Brian, I'm, it's, Rockefeller, they'd Organizations: Service, Harvard Business School, Nissan Pathfinder, Starbucks Locations: Sherwood

☆ NY appeals court on Thursday to hear arguments on Trump’s $454 million civil fraud judgment
▼ + stars: | 2024-09-26 | by ( Kara Scannell | Jeremy Herb | ) edition.cnn.com time to read: +4 min

CNN —A New York appeals court is set to hear arguments Thursday in former President Donald Trump’s bid to have the $454 million civil fraud judgment against him dismissed. The appellate hearing is yet another legal development for Trump playing out the same time as his presidential campaign hits the homestretch. In addition to the civil fraud appeal, Trump’s lawyers have argued to dismiss the guilty verdict in the New York criminal case, the federal election interference case in Washington, DC, and the E. Jean Carroll defamation verdict – all in the past month. The judgment against Trump was for $354 million, with an additional $100 million in interest that had accrued when the judge’s ruling was issued in February. “The award of $464 million in a case with no victims, no proven injuries, and no losses is not remotely defensible,” Trump’s lawyers wrote.

Persons: Donald Trump’s, Jean Carroll, Arthur Engoron, Trump, Donald Trump Jr, Eric Trump, Engoron, ’, ”, “ Organizations: CNN, Trump, New Locations: York, New York, Washington ,

Unless the economic outlook changes, mortgage rates may hold steady for the rest of 2024. If they were to weaken unexpectedly, that could spur the Fed to cut rates more aggressively, which in turn could push mortgage rates down further. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. But now that inflation has decelerated and the Fed is expected to cut rates soon, mortgage rates have trended down. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.

Persons: you'll, They've, they've, Freddie Mac, it's, Fannie Mae Organizations: Fed, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Mortgage, Association Locations: Chevron

☆ Harris and Trump want to make stuff in America again. That’s really hard to do
▼ + stars: | 2024-09-26 | by ( Bryan Mena | ) edition.cnn.com time to read: +7 min

And it’ll be tough for either Vice President Kamala Harris or former President Donald Trump to turn that around if elected, no matter their grandiose campaign promises. Put together, such investments have resulted in a sharp pick-up in construction spending by manufacturers, according to government data. Manufacturing’s main pain points are sluggish demand and elevated interest rates, according to recent manufacturing surveys by the Institute for Supply Management and S&P Global. And, of course, there are issues specific to certain sectors of the manufacturing industry. It could get better, but it’s not clear whenIt’s not all doom and gloom for the manufacturing industry.

Persons: Joe Biden, Kamala Harris, Donald Trump, Biden, haven’t, hasn’t, Harris, ” Harris, Trump, ” Chris Williamson, ” Timothy Fiore, There’s, ” Lauren Goodwin, ” Organizations: Washington CNN, Act, Congress, Private, Manufacturers, Labor Department, Institute for Supply Management, P, P Global Market Intelligence, ISM’s Manufacturing, Survey, P Global, Boeing, Federal, New York Life Investments Locations: America, Pittsburgh, Savannah, China, Pennsylvania, Korea, North Carolina, Germany, Georgia

☆ Stocks making the biggest moves premarket: Micron Technology, Starbucks, CarMax and more
▼ + stars: | 2024-09-26 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +3 min

Starbucks — The coffee chain rose more than 2% after Bernstein upgraded the stock to outperform from market perform. New York Community Bancorp — Shares of the regional lender gained more than 4% after Barclays upgraded shares to overweight as it repositions itself following a rocky patch. Micron Technology , chip stocks — Micron shares surged nearly 17% after offering a stronger-than-expected revenue forecast for the fiscal first quarter. Nvidia rose 2%, while U.S.-traded shares of ASML Holding added nearly 5%. Southwest Airlines — The travel stock rose about 5% after Southwest hiked its third-quarter revenue forecast.

Persons: Bernstein, Brian Niccol, Graham Doyle, Bilibili, Goldman Sachs, Jefferies, Elliott, Sonos, Morgan Stanley, Erik Woodring, —, Alex Harring, Samantha Subin, Jesse Pound, Sarah Min Organizations: New York Community Bancorp, Barclays, Micron Technology, Micron, Nvidia, ASML, Bank of America, NRG Energy, GE Healthcare Technologies, UBS, Jefferies, Southwest Airlines, Southwest, Elliott Management Locations: U.S, China, Bilibili —, dealmaking

Sharon Kim partnered with her oldest brother and his wife to purchase a home in the suburbs of New York City for around $750,000. Mickey Todiwala | CNBC Make ItKim and her brother weren't very close growing up, thanks to a seven-year age gap. Mickey Todiwala | CNBC Make ItThe increased down payment gave them the leverage they needed. Kim, her brother and his wife decided to complete the majority of renovations to the home themselves to cut down on costs. Mickey Todiwala | CNBC Make ItKim estimates they've spent around $40,000 on renovations so far.

Persons: Sharon Kim, Mickey Todiwala, Kim, weren't, homeownership, they've Organizations: CNBC, Parsons School of Design, YouTube, Parsons, Spotify, Amazon Prime, Apple Locations: New York City, Manhattan, Queens, New Jersey, South Korea

☆ NY appellate judges voice serious doubts about Trump's $454M civil fraud verdict
▼ + stars: | 2024-09-26 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Trump's arguments for overturning his $454M civil fraud verdict received a warm reception Thursday. Trump attorney D. John Sauer has made this line drawing a central point of his appeal. The appeal argues that James' fraud case wrongly interfered in the decisions of "sophisticated" banks that had been happy to loan Trump money regardless of any exaggerations. Deutsche Bank relied on Trump's financial statements in loaning him $400 million to develop his Chicago skyscraper, his Washington, DC hotel, and his Miami golf resort. Advertisement"And I will stress, your honor, that this does have harm to the public and the markets," she said of Trump's persistent financial frauds.

Persons: —, Donald Trump, Trump, Peter H, Moulton, Letitia James, James, John Higgitt, Judith Vale, Higgitt, Vale, Lehman, Dianne T, Renwick, John Sauer, Sauer, E, Jean Carroll, Trump's, Arthur Engoron Organizations: Trump Org, Service, New York, General's, New York's AG, Lehman Brothers, Trump, Deutsche Bank, Supreme Court, Mazars USA, New Locations: Manhattan, York, Chicago, Washington, Miami, DC

☆ Kamala Harris is embracing the degree-free wave — and thousands of workers could benefit
▼ + stars: | 2024-09-26 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Read previewVice President Kamala Harris wants to make it easier to get a job without a college degree if she wins the election. "Eliminate degree requirements while increasing skills development for half a million federal jobs. AdvertisementThis proposal comes at a time when a growing number of Americans are questioning the value of a college degree. Larry Hogan announced the state would be opening up thousands of jobs to workers without degrees, and Utah's Gov. Spencer Cox dropped college degree requirements from 98% of the state's jobs that same year.

Persons: —, Kamala Harris, Harris, Joe Biden, Trump, It's, Larry Hogan, Spencer Cox, Pell Grant, Biden's, Zers —, LeLaina Wakeham Organizations: Service, Business, Maryland Gov, Utah's, Biden, Higher Locations: Pittsburgh

☆ Take auto loan defaults with a 'grain of salt' in read on overall consumer health, says UBS' Mish
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTake auto loan defaults with a 'grain of salt' in read on overall consumer health, says UBS' MishMatthew Mish, UBS head of credit strategy, joins 'Squawk on the Street' to discuss how severe the level of auto delinquencies are, which types of loans may not be as bad, and much more.

Persons: Matthew Mish Organizations: UBS

☆ China central bank cuts medium-term loan rate
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: +1 min

China's central bank lowered the cost of its medium-term loans to banks on Wednesday in a move consistent with broad policy easing measures announced a day earlier to shore up a flailing economy. China's central bank lowered the cost of its medium-term loans to banks on Wednesday in a move consistent with broad policy easing measures announced a day earlier to shore up a flailing economy. The People's Bank of China said it cut the rate on 300 billion yuan ($42.66 billion) worth of one-year medium-term lending facility loans to some financial institutions to 2.00% from 2.30%. The bid rates in Wednesday's operation ranged from 1.90% to 2.30%, and the total balance of MLF loans now stands at 6.878 trillion yuan, the central bank said in an online statement. A batch of 591 billion yuan worth of MLF loans expired this month.

Organizations: People's Bank of Locations: People's Bank of China, Beijing

Though mortgage rates are expected to continue trending down, it's unclear how much further they might drop. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are hovering around 5.80% today, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates are right around 5%, according to Zillow data. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data.

Persons: you'll, they've, Freddie Mac, it's, They'll Organizations: Federal Reserve, Zillow, Fed Locations: U.S, Chevron

AssumptionAn assumable mortgage will let a borrower transfer the mortgage to someone else even if they haven't fully paid it off. Assumable mortgagesIf you have an adjustable-rate mortgage or a government-backed mortgage (including FHA, VA, and USDA mortgages), you might have an assumable mortgage. Finally, if you want to transfer a property into a trust, a mortgage transfer may be able to help, too. Mortgage transfer processIf you think a mortgage transfer is the right move for your needs, follow this step-by-step process. If the lender doesn't approve a mortgage transfer, you will need to explore other options, such as refinancing your mortgage or selling your house.

Persons: You'll, Molly Grace, Molly, Read, Aly J, Yale Aly J, Aly, She’s Organizations: Chevron, Business, Rocket Companies, Indiana University, Yale, Finance, Dallas Morning News, CBS, Forbes, Fortune, Money, Newsweek, US, Wall Street Journal, Yahoo Finance, Mortgage, National Association of Real, Insurance, Texas Christian University Locations: Chevron, Michigan

Connexus Personal Loan OverviewYou can use a Connexus personal loan to consolidate credit card debt, cover unexpected expenses, make home repairs, and more. Compare Personal Loan RatesConnexus Personal Loan Rates and TermsLoan Amounts and TermsConnexus offers personal loans with amounts ranging between $1,000 and $50,000, and loan terms starting at 24 months and going up to 84 months. Connexus Personal Loan AlternativesConnexus Credit Union Personal Loan vs. Navy Federal Credit Union Personal LoanNavy Federal has more stringent membership requirements than Connexus, as you're only eligible if you are active military member or a veteran, as well as an employee or retiree of the Department of Defense. Navy Federal Personal Loan ReviewConnexus Credit Union Personal Loan vs. PenFed Credit Union Personal LoanConnexus's personal loans also have higher minimum and maximum amounts than personal loans from PenFed. Connexus Personal Loan FAQsWhat credit score do I need for a Connexus personal loan?

Persons: You'll, Fiona, Insider’s, Connexus, PenFed, you've, doesn't, Ryan Wangman, Read, Elias Shaya, Elias, Potters Rebecca Potters, Rebecca Organizations: Credit, Connexus, Digital Banking, BBB, Nationwide, Connexus Credit Union, Federal, Social, . Navy Federal Credit, Loan Navy Federal, Department of Defense, Navy Federal Credit Union, Navy, PenFed, Connexus Association, Credit Union, Better, Bureau, Chevron, Finance, Northwestern University, Boston Globe, Business, Banking Savings, McGill University Locations: Chevron, New York City

☆ Mortgage refinance boom takes hold, as weekly demand surges 20%
▼ + stars: | 2024-09-25 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

A steady decline in mortgage rates to two-year lows has current homeowners rushing to take advantage of potential savings. Applications to refinance a home loan surged 20% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. "As a result of lower rates, week-over-week gains for both conventional and government refinance applications increased sharply." Mortgage applications to purchase a home rose just 1% for the week and were 2% higher than the same week one year ago. Mortgage rates haven't moved much to start this week, and will likely wait for more pressing economic data later this week and at the start of October.

Persons: Joel Kan, Kan Organizations: Mortgage Locations: San Rafael , California

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