The average rate for a 30 year fixed rate mortgage declined 7 basis points to 4.03 percent since last week while the purchase application volume increased 7.2 percent and the refinance application climbed 4.0 percent over the same period.
President Obama kicked off his 2012 campaign with a hard-hitting speech centered on the House Republicans’ budget plan. We are likely to hear a lot more about social Darwinism in the months ahead.
Eventually, you’re going to wind up with items of clothing that you don’t wear. How do you know which to sell and which to donate?
States are slowly enacting laws that would require online vendors to collect state and local taxes, with mixed success. But the shift will benefit everyone and make tax laws fair.
Organized gambling is a scam. And it particularly preys upon people with lower incomes – who assume they can’t make it big any other way, who often find it hardest to assess the odds, and whose families can least afford to lose the money. Yet with new, relaxed gambling laws, America is now opening the floodgates.
In January, 64,307 recipients were removed from the food stamps program, but participation continues to rise on a year over year basis.
The first quarter of 2012 will go down as the most active for junk bond issuance since 1980, when Thomson Reuters began keeping track, with 130 companies floating $75 billion in debt offerings.
Unemployment statistics out of Europe show that German-speaking countries far outpace the rest in terms of job growth and low unemployment rates.
Bloomberg and Reuters are not only healthy: unlike most of the journalism industry, they're growing. That’s because the two publications have something no other player in the news business does: subscription-only financial data and services that pull in billions of dollars.
Everyone wants to get better prices, but people can feel uncomfortable bargaining. The key is to know when price negotiation is appropriate and master a few basic techniques.
Reports from the Federal Reserve Bank of Kansas City are indicating that manufacturing activity declined to a weak growth level of 9 in March.