With lower mortgage rates, monthly payments are smaller, which frees up cash. For example, for a mortgage rate of around 6% compared to 6.85%, the difference in payment on a $600,000 loan is about $310 per month.
Warner Bros, which put itself up for sale last year, said Paramount's latest bid was "superior" to Netflix's offer and called on the streaming company to raise its offer - to which Netflix refused.
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