Mexico’s Finance Ministry Gabriel Yorio said during a Tuesday morning press conference in Mexico City that the government of President Andres Manuel Lopez Obrador officially completed a debt refinancing operation worth $6.6 billion in international markets, including an over-subscribed bond offer.
Mortgage Applications Decline as US Interest Rates on Mortgages Rise to 4.9%
The average interest rate on U.S. mortgages continued rising to record highs last week as the Federal Reserve signals an upcoming tightening of monetary policy to tame inflation. The 30-year fixed mortgage rate increased for the fourth consecutive week to …