Search results
Results from the WOW.Com Content Network
The average 30-year fixed-rate mortgage started the decade at about 7.5 percent in 1971 (the earliest year for which data is available), according to Freddie Mac. By 1979, the rate had risen to an ...
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
During the 1997 Asian financial crisis, currency speculators sold the Hong Kong dollar heavily and shorted local stocks and Hang Seng Index futures. The government controversially used the exchange fund to acquire HK$120 billion ( US$15 billion) worth of blue-chip shares in a two-week market intervention, beginning 12 August 1998 with the aim ...
Ho Sin Hang, chairman of the Hang Seng Bank, conceived the idea of creating the Hang Seng Index as a "Dow Jones Index for Hong Kong". [4] [5] Along with Hang Seng Director Lee Quo-wei, he commissioned Hang Seng's head of Research Stanley Kwan to create the index in 1964, [4] the index was initially used for internal reference in the Hang Seng Bank, they debuted the index on November 24, 1969.
The fixed rate for a 15-year mortgage is 5.84%, down 12 basis points from last week's average 5.96%. These figures are lower than a year ago, when rates averaged 6.95% for a 30-year term and 6.38% ...
BOCHK is one of the key mortgage lenders in Hong Kong. The other key lenders include HSBC and Hang Seng Bank. [5] Within mainland China, BOCHK operates 14 branches (as of January 2005) separately from its parent.
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
However, over the next several years the stock market fell dramatically. October 13 and 16, 1989 – The Dow plunges 190.58 points, or 6.9%, on October 13, 1989 then rebounds 88 points on the 16th. Black Monday , October 19–20, 1987: The Dow suffers the biggest percentage loss in recorded stock market history on October 19 and initially ...