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Term Rate APR Payment
30 Yr Fxd 3.625% 3.852%
15 Yr Fxd 2.875% 3.27%
5 Yr ARM 2.99% 3.551%

Latest News

Asian shares gain, dollar firm as U.S. data soothes rate fears

A pedestrian holding her mobile phone walks past electronic boards showing the Japan's Nikkei average and the Japanese yen's exchange rate against the euro outside a brokerage in TokyoBy Hideyuki Sano and Nichola Saminather TOKYO/SINGAPORE (Reuters) - Asian shares jumped on Wednesday, taking cues from sharp gains in European and U.S. markets, while the dollar firmed as upbeat U.S. home sales supported the view that the economy may be strong enough for the Federal Reserve to raise interest rates in coming months. U.S. new home sales data on Tuesday showed a jump in April to their strongest monthly pace in more than eight years, with prices setting record highs. The gains, coming on the heels of a raft of positive U.S. data and comments from various Fed officials highlighting the chance of a rate hike in June or July, helped cement the case for one in the next few months and eased investors' fears that the economy may not be resilient enough to withstand an increase in borrowing costs, however modest.

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