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12.08.25 - 16:27
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US Mortgage Rates Tumble To Lowest Level Since April (ZeroHedge)
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US Mortgage Rates Tumble To Lowest Level Since April
Authored by Naveen Athrappully via The Epoch Times,
The average 30-year fixed-rate mortgage fell to 6.63 percent for the week ending Aug. 7, the lowest level since April, according to new data from Freddie Mac.
“The decline in rates increases prospective homebuyers' purchasing power and our research shows that buyers can save thousands by getting quotes from a few different lenders,” Sam Khater, Freddie Mac's chief economist, said in an Aug. 7 statement.
In an Aug. 7 commentary, Lisa Sturtevant, chief economist at real estate data company Bright MLS, said that while mortgage rates dropped for the third straight week, it isn't clear whether the trend will continue.
Rates could fall if the economy seems to be on a decline, or may remain high if inflation risks are elevated, she added.
Sturtevant said buyers were also holding back from purchasing homes due to factors such as general uncertainty. Meanwhile, sellers are holding back as the...
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20.03.25 - 14:12
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Niklas Folkesson Leading the Industrial Coatings Segment Forward (Cision)
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Niklas Folkesson is a well-established figure in the industrial coatings industry and plays a key role at Layer Group. In 2024, he took on the position as head of our industrial coatings segment and has become a crucial player in the development of the business area, while also holding the responsibility as CEO of Tinter and Stoby Industri, two subsidiaries within the group.
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Leading the segment forward presents an exciting challenge for Niklas, who aims to create synergies between our companies and open up opportunities for growth.
"My role is to coordinate our operations...
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