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News
Mortgage rates climb: Average rate on a 30-year home loan hits the highest level in over 14 months
3+ day, 17+ hour ago (541+ words) Mortgage rates rose for the third week in a row, pushing the average long-term U.S. home loan rate to its highest level in over 14 months. The benchmark 30-year fixed rate mortgage rose to 6.76% from 6.71% last week, mortgage buyer Freddie Mac said…...
Asian shares and US futures decline, while oil prices press higher
6+ day, 2+ hour ago (475+ words) A wave of Houthi attacks on oil facilities and utilities in Saudi Arabia’s southern region has escalated a renewed conflict between an important U.S. ally and Iranian-backed rebels in Yemen. Tokyo’s Nikkei 225 gave up early gains, sinking 1.7% to 65,269.33 as major…...
Dutch central bank shifts billions in gold to London in ‘crisis preparedness’ move
1+ week, 4+ day ago (287+ words) It said that between March and August, some 86 metric tons (94.8 tons) of gold were transferred to London from the combined total of around 313 metric tons (345 tons) held in New York and Ottawa, Canada. Before the move, New York housed 31.3% of…...
Greystone Provides Fannie Mae Refi on San Diego Mixed-Income
2+ week, 2+ day ago (378+ words) Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations…...
Let’s Talk Money with Brent Wilsey
3+ week, 4+ day ago (49+ words) fox5sandiego.com What can the latest retail sales numbers tell us about the economy? Financial expert Brent Wilsey breaks down the July retail sales report, including whether consumer spending increased or decreased and what the numbers could mean for shoppers and…...
In a utopia, taxes pay for kids to spend more time at school
3+ week, 5+ day ago (178+ words) San Diego Union-Tribune Re “Childcare costs rival housing. Schools can help.” (July 30): This sounds to me like a science-fiction piece about the future. All adults would work producing products and services for the country. Children would supply the next generation…...