Blog

Austria's Signa eyes buying Kaufhof from Metro

Austrian holding company Signa, which owns the Karstadt chain of department stores, has made a 2.9-billion-euro ($3.2-billion) offer to buy rival Kaufhof chain from Metro, the business daily Handelsblatt reported Wednesday. Quoting “several” sources with knowledge about the deal, the newspaper said that Signa, the holding company of Austrian real estate magnate Rene Benko, has completed a review of Kaufhof’s accounts and submitted a written offer. Benko has already tried

Mortgage Rates Edge Downward to 3.77%

Filed under: Buying, Financing, Refinancing ZillowThe weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals. By Lauren Braun Mortgage rates for 30-year fixed loans fell this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.77 percent, down 5 basis points from the same time last week. The 30-year fixed mortgage rate fell early in the week, then hovered around 3.71 percent

Mortgage Rates Edge Downward to 3.77%

Filed under: Buying, Financing, Refinancing ZillowThe weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals. By Lauren Braun Mortgage rates for 30-year fixed loans fell this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.77 percent, down 5 basis points from the same time last week. The 30-year fixed mortgage rate fell early in the week, then hovered around 3.71 percent