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Loans Stories

Rocket Internet eyes IPOs for fashion, food groups: magazine

FRANKFURT (Reuters) – German e-commerce investor Rocket Internet aims to list the shares in two of its holdings, Global Fashion Group and Global Online Takeaway Group, eight months after its own initial public share offer, monthly Manager Magazin said. Shares … Continue reading

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Average US rate on 30-year mortgage slips to 3.84 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates edged slightly lower this week after rising for three straight weeks. Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage ticked down to 3.84 percent this week … Continue reading

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Spring surge lifts Canadian existing home sales in April: CREA

By Andrea Hopkins TORONTO (Reuters) – Sales of existing homes in Canada rose in April from March as home buyers were encouraged by low mortgage rates and a spring surge in listings, the Canadian Real Estate Association said on Friday. … Continue reading

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Average US rate on 30-year mortgage up for 3rd straight week

WASHINGTON (AP) — Average long-term U.S. mortgage rates are up for the third straight week. Mortgage giant Freddie Mac says the average rate on a 30-year fixed-rate mortgage rose to 3.85 percent this week from 3.80 percent a week earlier. … Continue reading

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Startup NerdWallet raises $64 million in first round of funding

By Sarah McBride SAN FRANCISCO (Reuters) – NerdWallet said it had raised $64 million in its first round of funding, far more cash than it needs to run the personal finance startup, in part to underscore its growth and show … Continue reading

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Startup NerdWallet raises $64 million in first round of funding

By Sarah McBride SAN FRANCISCO (Reuters) – NerdWallet said it had raised $64 million in its first round of funding, far more cash than it needs to run the personal finance startup, in part to underscore its growth and show … Continue reading

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Xiaomi enters money market fray with Huoqi Bao service

BEIJING (Reuters) – Chinese smartphone maker Xiaomi Inc waded into China’s red hot online finance arena on Monday with a new money market fund to compete against the likes of tech rivals Alibaba Group Holding and Tencent Holdings. Dubbed “Huoqi … Continue reading

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Xiaomi enters money market fray with Huoqi Bao service

BEIJING (Reuters) – Chinese smartphone maker Xiaomi Inc waded into China’s red hot online finance arena on Monday with a new money market fund to compete against the likes of tech rivals Alibaba Group Holding and Tencent Holdings. Dubbed “Huoqi … Continue reading

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Average US rate on 30-year mortgage rises to 3.8 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates are up this week to the highest level since mid-March. Mortgage giant Freddie Mac said Thursday that the national average for a 30-year fixed-rate mortgage rose to 3.80 percent this week from … Continue reading

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Average US rate on 30-year mortgage rises to 3.68 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week, but remain near historic lows with the spring home-buying season underway and showing strong sales. Mortgage giant Freddie Mac said Thursday that the national average for a 30-year … Continue reading

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