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Stock impact report

Mortgage rates stuck in a rut as economy turns gloomy. What's next for the housing market? [Yahoo! Finance]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
Company Research Source: Yahoo! Finance
In the week ending March 20, 30-year fixed-rate mortgages averaged 6.67%, Freddie Mac announced Thursday . That's only slightly up from 6.65% last week, but not low enough to spark major moves in the mortgage market: applications for home loans were down 6.2%, the Mortgage Bankers Association said. Those figures don't include fees or points, and rates in some parts of the country may be higher or lower than the national average. If mortgage rates aren't making much headway one way or the other this year, neither is the housing market itself. Sales of previously-owned homes jumped in February, the National Association of Realtors said Thursday , after falling in January. When it comes to new housing stock, economic indicators are also mixed. Builders broke ground on more new homes than expected in February, the Commerce Department reported earlier this week. The pace set in February was a 12-month high , and may have been an attempt to get ahead of tariffs. Indeed, a measure o Show less Read more
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