AP Long-term U.S. mortgage rates edged higher this week, remaining near historically low levels as a continued enticement to prospective homebuyers. Mortgage giant Freddie Mac said Thursday the average for the benchmark 30-year fixed-rate mortgage rose to 3.45 percent from 3.42 percent last week. The average rate is down sharply from 4.04 percent a year ago. The 15-year fixed ...

  Bloomberg Ireland’s National Asset Management Agency plans to sell real estate loans with a face value of about 4 billion euros ($4.4 billion), two people with knowledge of the matter said. NAMA is expected to seek bids for the portfolio, known as Project Gem, toward the end of 2016 and the portfolio will sell at a substantial discount to ...

  Bloomberg It’s a good time to buy a home in New York’s Hamptons, especially for shoppers with more than $3 mn to spend. Sales of luxury homes in the area, known as Wall Street’s beachside retreat, fell 20 percent in the second quarter from a year earlier to 57 deals, while the number of high-end listings climbed, according to ...