- The average interest rate on the most popular U.S. home loan climbed to its highest level since October 2008, Mortgage Bankers Association data showed on Wednesday. Rising mortgage rates are increasingly weighing on the interest-rate-sensitive housing sector as the Federal Reserve pushes on with aggressively lifting borrowing costs in order to tame high inflation.
The average interest rate on the most popular U.S. home loan climbed to its highest level since October 2008, Mortgage Bankers Association data showed on Wednesday. Rising mortgage rates are increasingly weighing on the interest-rate-sensitive housing sector as the Federal Reserve pushes on with aggressively lifting borrowing costs in order to tame high inflation.
InsurTech Express is known as a technology innovator in the Life Insurance Industry. The Web 3.0 platform can be accessed from InsurTechExpress.com on a PC browser or on the browser in a Digital Wallet on a smartphone. The way to connect to the exclusive membership page is with the NFT membership card in the digital wallet.
BriteCore, a next-generation provider of cloud-native policy administration solutions, today released the results of its annual Core Systems Survey of North American property and casualty insurers.
The late Julian Robertson, founder of hedge fund Tiger Management, earned an annual return of 31.7% from its inception in 1980 to its peak in 1998, compared to 12.7% annual returns in the S&P 500. Over the course of the second quarter, Tiger Management reduced its portfolio from 33 positions to merely 13.
EXL, a leading data analytics and digital operations and solutions company, today announced a collaboration with CyberCube, the cyber risk analytics company, to jointly develop cyber insurance solutions for the property and casualty insurance industry.
Britain's financial industry is dialling down activities in the run-up to the funeral of Queen Elizabeth next Monday, cancelling events and paring business, as a nation in mourning prepares to bid farewell to Britain's longest-serving monarch.
Verisk Maplecroft, a global risk analytics business of Verisk, has launched its new Industry Risk Analytics to provide companies, insurers and financial institutions with a new geospatial risk solution that identifies the exposure of 80 sectors to 52 different ESG and political risks across 198 countries.
Hedge funds got back in to stocks in the technology, media and telecom sector in August, in the most active buying since February 2021, according to a Goldman Sachs prime services report. Long buys in the so-called TMT sector outpaced short sales at a 6.5 to 1 ratio, the bank said in the note, underscoring that portfolio managers were more optimistic about the sector's valuations.
Hedge funds got back in to stocks in the technology, media and telecom sector in August, in the most active buying since February 2021, according to a Goldman Sachs prime services report. Long buys in the so-called TMT sector outpaced short sales at a 6.5 to 1 ratio, the bank said in the note, underscoring that portfolio managers were more optimistic about the sector's valuations.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
Log In Required
Line of Credit Log In Required