Mortgage activity drops with rates falling
Washington - UPI
U.S. mortgage applications fell in the week despite declines in interest rates for long-term contracts, the Mortgage Bankers Association said Wednesday. The trade group said mortgage applications fell 2.5 percent week to week. The trade group's Refinancing Index fell 3 percent from the previous week to the lowest level since May, the association said. In the week, interest rates for 30-year, fixed-rate conforming mortgages fell from 3.8 percent to 3.78 percent with points falling from 0.42 to 0.37. The average interest rate for 15-year fixed-rate mortgages also fell, dropping from 3.12 percent to 3.1 percent, with points falling from 0.44 to 0.37 in the week.
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Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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Maxwell says refused service over kneeling for anthem
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