The average U.S. rate on a 30-year, fixed-rate mortgage rose last week to 6.88 percent from 6.82 percent the week before, the Federal Home Loan Mortgage Corp. (Freddie Mac) reported.
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HOME AFFORDABILITY FALLS TO LOWEST IN 40 YEARS
Buying and owning a home takes a bigger slice of a household’s income than it has at any time in the last 40 years, The Wall Street Journal reported.
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SPECIAL REPORT: THE NEW BULL MARKET IN COMMODITIES
Gold for June delivery reached $2,448.80 on 13 April before ending the day at $2,374.10, with central banks still on their gold-buying spree.
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NY TIMES RUNS “HATE IRAN” DAVID VS. GOLIATH PROPAGANDA PIECE
The New York Times devoted a front-page article last week to allegations by “U.S. officials” that Iran has been pumping the West Bank with weapons—in an apparent effort to lend support to Israel’s ethnic cleansing effort in the territory and illegal land grabs based on “security” concerns.
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YOUNGER GENERATION AGING MORE RAPIDLY THAN PREVIOUSLY RECORDED, WHICH COULD HELP EXPLAIN JUMP IN CANCER CASES
A newly released study found that younger Americans—those born after 1965—are about 17 percent more likely to be experiencing “accelerated aging” compared to those born between 1950 and 1954.
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DUH-MOCK-RACY: BILLIONAIRES OWN THE COUNTRY, JUST LOOK AT THE 2024 PRESIDENTIAL ELECTIONS
The 2024 presidential election in the U.S. is becoming a sporting event for the country’s billionaire class pumping President Joe Biden and former President Donald Trump with millions in what has been described as a “second election” that represents “their class interests.”
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FINLAND’S NEW PRESIDENT TO NATO: LESS TALK MORE WAR
Alexander Stubb, the new president of Finland, said in an interview last week that NATO countries need to stop talking about countering Russia and instead get ready for the looming war with Russia.
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GERMAN DEFENSE HEAD COMPARES PUTIN TO HITLER
Russian President Vladimir Putin will not stop at Ukraine and has indicated that clearly, said German Defense Minister Boris Pistorius last week.
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AS FORECAST: COVID-19 LOCKDOWNS KILLED THE HUMAN SPIRIT AS ALCOHOL USE SURGED DURING OUTBREAK
Americans turned to the bottle during the COVID-19 outbreak and alcohol consumption had a particularly deleterious impact on women from April 2020, the start of lockdowns, to September 2021.
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PHILIPPINES, JAPAN, U.S. UNITE AGAINST CHINA
President Joe Biden hosted a trilateral summit at the White House with Japanese Prime Minister Fumio Kishida, and Philippine President Ferdinand Marcos Jr. and the key topic, as always, was China and a rusted ship decaying in the South China Sea.