S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketThe US average contract interest rate for 30-year fixed-rate mortgages on conforming loans of $806,500 or less fell to 6.25% in the week ending January 2, the lowest level since September 2024, according to the Mortgage Bankers Association (MBA). This marks a decline from 6.32% the previous week ending December 26, equivalent to a decrease in points from 0.59 to 0.57, including the origination fee, for borrowers making a 20% down payment. Despite the lower rates, mortgage applications have dropped 9.7% over the past two weeks, leaving the index at its lowest level in nearly five months.
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