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Blackstone Mortgage Trust (BXMT) Stock Soaring Today after Loan Portfolio Purchase

NEW YORK (TheStreet) — Blackstone Mortgage Trust Inc. stock is climbing higher by 5.79% to $29.78 on heavy volume in late morning trading on Friday, after the real estate finance company announced that it has signed a definitive agreement to acquire a $4.6 billion commercial mortgage loan portfolio from GE Capital Real Estate. The company said the purchase is part of a larger $23 billion …

Mortgage rates for April 2, 2015

A week of inconsistent economic results and plenty of stock market volatility to close out the first quarter helped keep mortgage rates in check.

Mortgage Rates Tick Up

Freddie Mac today released the results of its Primary Mortgage Market Survey® , showing average fixed mortgage rates reversing course from the first weeks of the year to tick up slightly.