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There were nearly 15 million active, primary mortgage loans in the U.S. with rates under 3% as of the end of 2021, according to Intercontinental Exchange data. Many homeowners were shielded from surging interest rates in 2022 with locked-in rates. A much bigger portion of the mortgage market is now eager to refinance if rates fall and will be put off from doing so by rising rates.
Exchange company stocks sold off Tuesday after the Commodity Futures Trading Commission last week laid out a framework for registered U.S. platforms to launch perpetual futures. Shares of CBOE Global Markets fell 8.
(Bloomberg) -- The House Oversight Committee is investigating how customers of Kalshi and Polymarket could be using non-public information to engage in insider trading, escalating concerns about prediction markets after some suspiciously well timed trades. Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaUAE Joins Saudis, Qatar in Urging Trump Not to Restart WarIran in Talks With Oman Over Permanent H
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