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Mortgage demand plunges over 10% as interest rates top 7%

Mortgage demand took a big hit last week, with applications dropping by 10.6% from the previous week as interest rates rose more than 7%, the highest level since early December. According to the seasonally adjusted Mortgage Bankers Association index For the week ending February 16, the average contract interest rate for a 30-year fixed-rate mortgage […]

Why soft skills are in great demand in today’s workforce

Job performance is determined by a combination of “hard skills,” which are technical knowledge and practical products, and intangible “soft skills,” which are taking the American workplace by storm. Soft skills are non-technical skills related to how you do your job. According to personal finance website The Balance, these skills include how to interact with […]

Miami condo buyers demand yachting amenities, private slips

Serge Ojeda is embarking on a new chapter in his life with swanky new toys: a $25 million boat and a $31 million Miami trick-sale condo unit with a free private boat slip for a year. Mr. Ojeda, who runs a private equity firm that invests in renewable resources around the world, negotiated the contract […]

Families of hostages demand Netanyahu immediately continue hostage negotiations

Families of hostages held by Hamas called on Israeli Prime Minister Benjamin Netanyahu on Thursday to continue negotiations immediately as efforts toward a ceasefire stall. “We want an agreement. As members of the hostage families, we want our families to return home immediately. If we can’t reach an agreement soon, the people who need to […]

Pennsylvania courts never paid ransom cyberattack no demand issued from hackers

Pennsylvania’s state court announced Thursday that it has never received a ransom demand as part of a cyberattack that temporarily shut down some online services and prompted a federal investigation earlier this month. A so-called “denial of service” attack on the Pennsylvania Administrative Office of Courts website took down some online portals and systems, but […]

Hostage Talks Are Off Until Hamas Drops Demand to End War

Israeli Prime Minister Benjamin Netanyahu said Wednesday that hostage negotiations are nowhere to be seen, despite intense pressure from the Biden administration, as Hamas refuses to drop its demands for Israel to withdraw from Gaza and agree to end the war. He also said that it would not proceed. The Prime Minister’s Office issued the […]

Mortgage demand tumbles as interest rates rise to highest level since December

Realtor.com Chief Economist Daniel Hale analyzes housing affordability on “Maria Bartiromo’s Wall Street.” Important measures home purchase The number of applications decreased last week due to a sharp rise in mortgage interest rates. Mortgage Bankers Association (MBA) Index Applying for a mortgage loan New data released on Wednesday showed that stocks fell 2.3% in the […]