The company is working to exit bankruptcy with a plan that would leave shareholders holding just 5% of the restructured company.
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U.S. 30-year fixed-rate mortgage (FRM) averaged 6.20% as of September 12, 2024, down from last week when it averaged 6.35%.
U.S. mortgage rates remained flat this week.
The reduction in lending could slow housing supply.
U.S. 30-year fixed-rate mortgage (FRM) averaged 6.35% as of August 29, 2024, down from last week when it averaged 6.46%.
U.S. 30-year fixed-rate mortgage lingers just under 6.5%.
Last year’s $246.2 billion in multifamily lending volume represents a 49%decrease from 2022 levels. 51% of the active lenders made five or fewer multifamily loans over the course of the year.
This decrease follows a peak of nearly 8% in 2023, which had a substantial cooling effect on the housing market.
U.S. 30-year ixed-rate mortgage averaged 6.47% as of August 8, 2024, down from last week when it averaged 6.73%.
Inflation in the U.K. has returned to the bank’s 2% target, but services inflation remains high at 5.7% in June.
U.S. 30-year fixed-rate mortgage averaged 6.73% as of August 1, 2024, down from last week when it averaged 6.78%.
U.S. mortgage rates show little movement.
U.S. mortgage rates continue to fall.
U.S. mortgage rates tick down as markets digest incoming data.
This financing will aid the company's Euro 1 billion investment in the Oulu mill in Finland.
A year ago at this time, the 30-year FRM averaged 6.81%.
U.S.30-year fixed-rate mortgage continues its downward trend.
U.S. mortgage rates move lower.
The loan is to be used for general working capital purposes.
U.S. 30-year FRM averaged 6.95% as of June 13, 2024, down from last week when it averaged 6.99%.