News

Lessen the Strain of Student Loans

The average American household owes nearly $33,600 in student loan debt, which breaks down to about $387 per month with a 6.8% interest rate under a standard 10-year payment plan. But it doesn’t have to be as bad as

The Current State Of The Housing Market

“The Dow Jones Industrial Average was down 19 basis points in early afternoon trading on Friday. The movement came at the end of a tough week for investors as the market retreated from all-time highs just in time to kick off earnings

How To Perfect Applying For A Mortgage

“If you are planning to buy a home anytime soon, you’ll most likely need to apply for a mortgage. Unfortunately, mortgages can be tougher to get these days than many people think. Credit standards have relaxed a bit, but are

Fixed Mortgage Rates Are Lower Than Last Year

Freddie Mac released its Primary Mortgage Market Survey results. According to the results, fixed mortgage rates are lower this week than they were at this time last year. 30-year fixed-rate mortgage averaged 4.14%, while it was at 4.46% at this

GDP Suffers Large Drop

The United States economy took a turn for the worse in the first quarter of 2014, falling 2.9%. It is the first time the economy has shrunk since 2011, and it is the worst drop since 2009. Job growth, however,

Advance Auto Bringing Jobs

According to officials, Advance Auto Parts will be employing 600 workers in North Carolina by the end of 2017. Average pay for workers will be around $110,000 per year, and Governor of North Carolina says that the company could get

Insurance Companies Predicting Your Death

It is not a simple question to ask customers when they think they will die. Life insurance companies must take it upon themselves to determine when a potential customer will perish before they will invest. Companies compile large amounts of

Why there’s risk in a boring stock market

In recent weeks the stock market has been inching higher in an orderly and contained way. The listless environment has left active-trader clients sitting and waiting for something to respond to. Low volatility has been often reflected as a calm before

Student Loan Bill Blocked By Senate

The Senate Republicans have blocked legislation toward student loan forgiveness. The legislation would have allowed students to refinance their loans at lower rates to give them some debt relief. There was a 56-30 vote on the legislation. Image by Tulane Public

The World Bank Drops Global Growth Forecast

After the economy “got off to a bumpy start,” the World Bank has cut its global growth forecast. The United States forecast has been dropped from 2.8% to 2.1% while 2015 remains unchanged. The World Bank does believe, however, that

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