Mortgage rates slide to 6-week low as North Korea worries drive bond rally

Getty ImagesMortgage rates remain affordable for many would-be buyers. Rates for home loans slid to a 6-week low as mounting geopolitical worries drove investors into safe-haven bonds, mortgage provider Freddie Mac said Thursday. The 30-year fixed-rate mortgage averaged 3.90% in the August 10 week, down from 3.93%. The 15-year fixed-rate […]

Cement shares extend rally; UltraTech, Ambuja Cements hit six-month high

Shares of cement companies continued to trade higher for a third straight session on the bourses on expectation of strong show in the current quarter as volume growth picking up, mainly from the infrastructure sector. UltraTech Cement (Rs 3,240) and Ambuja Cements (Rs 228) have touched their respective six-month high […]