Today's Rates 01-17-17

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Whether you're looking for home loan rates in Fairfax VA or want to speak with us about getting a 30 year fixed mortgage loan in Virginia Beach VA, we can help. Atlantic Mortgage & Funding is a Virginia based mortgage company providing home loans in 14 states, including Alabama, California, Colorado, Florida, Georgia, Indiana, Kentucky, Louisiana, Maryland, North Carolina, New Mexico, Tennessee, Virginia, and Texas - dba American Streamline Mortgage Company. We strive to offer great purchase and refinance rates as well as affordable closing costs so that you can get into the home you've worked so hard for.

 

 

 

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Market News

Asian shares down, dollar jumps on Yellen's rate hike signal

U.S. Federal Reserve Board chair Yellen testifies before Congressional Joint Economic hearing on Capitol Hill in WashingtonAsian shares slipped on Thursday and the dollar rebounded after Federal Reserve Chair Janet Yellen signaled that the U.S. central bank is poised to pursue a path of interest rate hikes. The dollar had been grinding lower in recent sessions, and marked its weakest levels since early December after U.S. President-elect Donald Trump expressed concerns about the effects of a stronger greenback in a weekend interview. Investors remained anxious ahead of Trump's inauguration on Friday, with many using the event as an excuse to lock in gains on their positions.




China says can resolve trade disputes with new U.S. government

Boeing Co's logo is seen above the front doors of its largest jetliner factory in EverettChina and the United States can resolve any trade disputes through talks, the government said on Thursday, as a Chinese newspaper warned U.S. business could be targets for retaliation in any trade war ushered in by President-elect Donald Trump. Trump, who is sworn into office on Friday, has criticized China's trade practices and threatened to impose punitive tariffs on Chinese imports. Billionaire investor Wilbur Ross, Trump's choice for commerce secretary, voiced sharp criticism of China's trade practices on Wednesday, telling senators he would seek new ways of combating them.