Applications for home mortgages dipped last week, though demand for refinancings rose as mortgage rates fell to a record low, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, edged down 0.2 […]
Author: InvestAdvocate
World stocks rise after Bank of Japan eases policy
World stock markets rose Wednesday after the Bank of Japan became the latest major central bank to announce action to shore up fragile economic growth. The Japanese central bank said it was extending monetary easing by increasing its asset purchasing fund to 55 trillion yen ($700 billion) from 45 trillion […]
Americans: China is an economic threat
Americans are concerned over China’s growing economic strength, and most want U.S. leaders to be tough with China on trade and economic issues, according to a new survey. A full 78% of Americans say the large amount of U.S. debt held by China represents a serious problem, while solid majorities […]
