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Economics News Results

  • Viva Capital Funding Closes $85.0 Million in Bank Credit Facilities

    Viva Capital Funding, LLC , a leading invoice factoring specialty finance company, today announced the closing of $85.0 million in two bank credit facilities; consisting of $45.0 million for factoring and $40.0 million for land banking. Since inception, Viva has purchased over $2.5 billion in receivables from customers nationwide.

  • Mortgage Rates Tumble

    Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing the 30-year fixed-rate mortgage averaged 6.61 percent. “Mortgage rates tumbled this week due to incoming data that suggests inflation may have peaked,” said Sam Khater, Freddie Mac’s Chief Economist. Khater added, “Over the last fifty years, Freddie Mac has closely monitored the trajectory of mortgage rates.

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