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

Apple files $1 billion lawsuit against chip supplier Qualcomm

People line up at an Apple store shortly before it opens in BeijingQualcomm is a major supplier to both Apple and Samsung Electronics Co Ltd for "modem" chips that connect phones to wireless networks. The two companies together accounted for 40 percent of Qualcomm's $23.5 billion in revenue in its most recent fiscal year. In the lawsuit filed in U.S. District Court for the Southern District of California, Apple accused Qualcomm of overcharging for chips and refusing to pay some $1 billion in promised rebates.




Wall Street Week Ahead: Optimism among S&P 500 CEOs as Trump takes power

A street sign for Wall Street is seen outside the New York Stock Exchange in Manhattan, New York CityU.S. President Donald Trump's administration is only hours old, but already a small parade of S&P 500 companies' chiefs have voiced optimism that his promised tax cuts, stimulus spending and deregulation will boost corporate profits. In the days ahead of Friday's inauguration, senior executives from Morgan Stanley , Delta Air Lines and other major U.S. corporations said the Trump White House has already sparked a brighter outlook for business. "There is certainly more reason to be optimistic as we enter 2017 than there was at the beginning of 2016," Morgan Stanley CEO James Gorman said on Tuesday after his bank said profit doubled in the fourth quarter.