Blog

Mortgage Rates Jump Higher, Approaching 4%

Filed under: Buying, Financing, Refinancing ZillowThe weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals. By Lauren Braun Mortgage rates for 30-year fixed loans rose this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.96 percent, up 18 basis points from the same time last week. The 30-year fixed mortgage rate rose to 3.98 percent Friday, then hovered there before settling

Trump courts controversy in launch of White House bid

By Alana Wise NEW YORK (Reuters) – Real estate mogul and TV personality Donald Trump announced his candidacy for the 2016 U.S. presidential election on Tuesday in a blitz of boasts, inflammatory comments and attacks on both fellow Republicans and President Barack Obama’s administration. “I will be the greatest jobs president that God ever created,” Trump said at the Trump Tower skyscraper in Manhattan on launching his bid for the

African campaigners urge end to 'scandal' of child marriage in a generation

By Emma Batha LONDON (Thomson Reuters Foundation) – It’s a scandal that any family in a continent as rich as Africa, with its vast oil and mineral wealth, should be so poor they feel forced to sell their daughter, the African Union’s (AU)goodwill ambassador on child marriage said. “It’s very painful when families say we have no choice, we’re so poor and that’s why we married off our daughter,” Nyaradzayi

FDA to cut trans fats from processed foods, gives three-year timetable

The U.S. Food and Drug Administration on Tuesday made good on its proposal to effectively ban artificial trans fats from a wide range of processed foods, from microwave popcorn to frozen pizza, saying they raise the risk of heart disease. Under new FDA regulations, partially hydrogenated oils, which have been shown to raise “bad” LDL cholesterol, will be considered food additives that cannot be used unless authorized by the FDA.

Commercial plane orders slow; jetmakers focus on backlog

By Tim Hepher and Andrea Shalal PARIS (Reuters) – The boom in commercial plane orders of recent years appears to be giving way to a more sustainable pace of demand at the 2015 Paris air show, with jetmakers increasingly focused on lifting production to meet their record backlog of sales. U.S. planemaker Boeing and European rival Airbus unveiled a steady stream of deals on Tuesday, day two of the aerospace