US MBA 30-Year Mortgage Rate (Feb/20) 6.09% (Prev. 6.17%)
The latest MBA 30-Year Mortgage Rate falling to 6.09% from 6.17% suggests a slight easing in borrowing costs, which could stimulate housing demand.
FHFA Director Pulte says Fannie Mae and Freddie Mac IPO this year is very likely, with a combined worth of USD 500-700bln
South Africa sees debt peak at 78.9% of GDP (prev. saw 77.9%) and budget gap at 4.5% of GDP (prev. saw 4.7%) in 2025-26, Treasury to propose a legislated principles-based fiscal anchor in 2026 mid-term budget
US MBA 30-Year Mortgage Rate (Feb/20) 6.09% (Prev. 6.17%)
US and UK are tentatively restarting work on a tech deal, according to the FT; senior officials have also begun discussions on civil nuclear technologies
Kazakhstan's Tengiz field reportedly produced 790k BPD (17% below recovery plan), with output recovery slowed by CPC oil export disruptions
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This movement may influence monetary policy considerations, particularly in terms of growth and housing market health, although the broader trend and corresponding implications for inflation remain critical to observe.
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