According to the MBA, last week's average mortgage loan rate for a conforming 30-year fixed-rate mortgage increased from 3.60% to 3.65%. "Absent hard political or economic news, it's not easy for mortgage rates to continue to decline", adds Gumbinger.
Among stocks moving on earnings news, Johnson & Johnson climbed 2.9 percent after reporting quarterly profit that beat analyst estimates. The Nasdaq Composite was up 5.05 points, or 0.1 per cent, at 5,094.98. Mullen Group Ltd., a trucking and logistics company, advanced 9.2 per cent to $15.53 after surprisingly strong earnings prompted several analysts to raise their price targets on the stock.
Please Wait while comments are loading. Prime Minister Nawaz Sharif ordered all government officials in Pakistan to wear black armbands as a sign of protest against the injustices of the Indian government in occupied Kashmir. The editors who later met in a meeting considered the government response and made a decision to resume publications from today hoping the resumption will remain unobstructed.
Mr Nadella has refocused the company on cloud and mobile in the face of stagnation in its traditional PC-based Windows business. Advertising revenues from search also rose 16 per cent. Microsoft spent in the quarter $3.1 billion in capital expenditures-an accelerating investment meant to add cloud capacity for near- and long-term customer demand.
If Raonic thought the fans were behind Federer, it will be even louder for Murray , the Scotsman. It pains me to say it, but this is yet another chance to win one last grand slam title that has slipped through his fingers - and he's not going to get many more.
James Stavridis , a former North Atlantic Treaty Organisation supreme allied commander, calling him "exceptional". Susie Tompkins Buell, a founder of the Esprit fashion label and close friend of Clinton, on Thursday would not comment on who might be the choice.