The average interest rate on a 30-year fixed-rate mortgage fell this week to a record low of 2.88%, according to Freddie Mac. That is the lowest level in nearly 50 years of the mortgage giant’s survey. The 15-year fixed-rate mortgage dropped to 2.44%. The low rates give potential homebuyers more …
Read More »Monthly Archives: August 2020
Why global investors can not ignore Turkey’s latest counterfeiters
Investors outside Turkey should pay attention to the recent rise in its currency to a very low against the US dollar, as the country burns through its foreign exchange reserves, analysts said. One US dollar raised as much as 7.37 lira USDTRY, -0.00% earlier Friday, according to FactSet, a record …
Read More »T-Mobile shows off its past AT&T
The second quarter of 2020 was an important time for that T-Mobile (NASDAQ: TMUS). Long behind the two largest mobile networks in the US, Verizon (NYSE: VZ) en AT&T (NYSE: T), the pink-logoed “Un-carrier” merged with Sprint and its more than 29 million subscribers on April 1 and had industry-leading …
Read More »AAA study finds missing management assistance systems, especially lane-keeping assistance
Management assistance systems are designed to save lives, but they are far from perfect. A new AAA study makes it very clear, as it found, over the course of 6,437 km, active safety systems experience an ‘issue’ an average of every 8 miles (12.9 km). The study involved a number …
Read More »Close to Quarters: Businesses, Banks Shake as Pandemic Causes Coin Deficit
“We can find no change,” adds Leslie Moore, a regular customer. “The washer can’t give you a change, the bank can’t give you a change, the store can’t give you a change. It’s a problem.” Close to Quarters: Businesses, Banks Shake When Pandemic Causes Coin Deficit | KSTP Coinage is …
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