| MORTGAGE DATA | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30-yr. Fixed | 15-yr. Fixed | 5-yr Treasury | 1-yr Treasury- | MBA Refi | Home Purchase | |||||||||
| Rate Mortgage | Rate Mortgage | Indexed ARMs | Indexed ARMs | Index | Index | |||||||||
| Week ending 02/10/11 | 5.00% | 4.27% | 3.87% | 3.39% | ||||||||||
| Week ending 02/03/11 | 5.05% | 4.29% | 3.92% | 3.35% | ||||||||||
| One Year Ago | 4.93% | 4.33% | 4.12% | 4.23% |
Refinancings made up 64.0% of the total volume of mortgage loan applications, decreasing from the previous week when it was 66.6%. Base period for indexes 3/16/90 = 100
The company's attorneys had previously managed to successfully decertify the class in the seven-year long case, but the decision was reversed last year.
Banks and other financial market participants have been keyed into the central bank's communications around monetary policy expectations. But in an unpredictable economy, the guidance doesn't always hit the mark.
Only tangible, high-value works of art or collectible items will be allowed in the Sotheby's ArtFi Master Trust asset pool, and Sotheby's Financial Services eschews originating loans funded by NFTs or other intangible assets.
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The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle involving activist investors groups and its former CEO.
Known for subprime financing, the sponsor has been making inroads lending to near-prime customers in the last couple of years.
