Current Affairs
Mortgage Rates Drop Again to Near Record Lows
Last week 30 year rates were at 5.53. At that point those were the 5th lowest rates we have seen in the last 30 years. This week we saw rates drop again to 5.47. Now rates are third lowest we have seen in the last 30 years. Below are the dates and mortgage [read more...]
Outlook Is Hopeful For Home Buyers
There is a plan in the works to lower the rate on 30-year home mortgages to 4.5 percent, a number not seen in decades for home loans. The plan by the Treasury Department to help the hurting housing industry would be accomplished through purchasing mortgage-ba [read more...]
High Speed Trains: The Future Of Transportation
People are now taking the public transportation instead of using their cars to go to their destinations. This is due to the fuel prices that have gone up. The people and even the government are now looking at trains as a major transportation for the public.
[read more...]OJ Simpson Sentenced on Friday
This Friday saw the sentence of O.J.Simpson for up to 33 years in prison by a Las Vegas judge. He was convicted on charges of armed robbery of sports memorabilia as Simpson stormed into a Las Vegas hotel room on September 13, 2007. However before the sentence [read more...]
Who Puts The Interest In Interesting?
John Dreves is known as the “Can Man”. In the small town of Paradise, Michigan the retired postal worker has turned can collecting into a moneymaker for the local school. A bumper sticker on his car warns “This Suburban brakes for cans” [read more...]
Mortgage Rates Experience Historic Drop
Mortgage rates experienced a historic drop this month. 30 Year rates fell from 5.97 to 5.53. This is the lowest rates have been since January 2008. But I think this understates how low mortgage rates are this week so I did a little research. Since 1974 rat [read more...]
Mortgage Rates Down For Fourth Straight Week
For the month of October we saw rates bouncing up and down pretty wildly. For the month of November we have not seen any large one week changes but a steady trend downward. The 30 year mortgage rate has moved down for the last 4 weeks. For the most part the [read more...]
How Do You Define Courage?
When Tim Haney was twelve years old, he and two friends stole a historical plaque from a tree at the Vrooman Mansion in Bloomington, Illinois. The 12″x 15″ plaque noted that both Abraham Lincoln and Stephen Douglas had given speeches under that tre [read more...]
Can’t We All Get Along?
The right to vote wasn’t created equal. Twenty states require felons to complete both parole and probation before they can regain their right to vote, Colorado allows felons on probation to vote and Tennessee requires them to pay all restitution before v [read more...]
China Today: Hu Jintao. Supreme Leader
A wise Chinese antiques shop dealer could tell you much about Chinese Mings and things, and so much about each regime or emperor through his, or figures of Confucious. But if you were to talk about modern politics you might encounter some understandable hesita [read more...]
