Mortgage rates are at their highest point since the Great Recession as housing affordability continues to decline, according to Freddie Mac (OTC:FMCC) data. The 30 year fixed increased from 5.66 percent to 5.89 percent. The long-term rate hasn’t been this high since November 2008, shortly after the Great Recession was triggered by the collapse of…
Housing Activity ‘Took a Nosedive’ as Mortgage Rates Hit 15-Year Highs—a Chart That Says It All
US Media Reports the Intentional Nosedive of China’s Eastern Airlines, Veteran Pilot Calls for Investigation of Co-Pilot
Two months ago, China Eastern Airlines flight MU5735 lost radio contact and crashed into a mountainous area in Wuzhou, Guangxi Province around 2:38 p.m on March 21, killing all 132 people on board. The Chinese authorities previously insisted that the rumor saying the co-pilot caused the crash was untrue; but recently, several U.S. media outlets…
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