Lake Tahoe Home Loan Rates, Lake Tahoe Home Loans, Lake Tahoe Mortgage Rates, Lake Tahoe Mortgage Loan Rates, and Lake Tahoe Mortgage Loans:
The Mortgage Bankers Association reported this morning that its Market Composite Index, a measure of total loan application volume, fell by 13.5% in the latest week as home loan rates continue to move higher. The refinance index plunged by 20% to its lowest level since June of 2009 while the purchase index fell by 3%.
President Obama spoke to the nation on Tuesday night and has asked Congress to pause on a vote for an airstrike in Syria, and is now looking for a more diplomatic approach. Russia is pressuring Syria’s President Bashar al-Assad to give up the chemical weapons and turn them over to international control.
The largest ever corporate Bond offering debuts today for Verizon, which is offering nearly $49 billion in debt. The deal is to fund the buyout of U.S. joint venture partner Vodafone Group PLC and is expected today. Verizon has agreed to purchase its partner for $130 billion. Early indications showed a big demand for the new Bonds.