Mortgage rates drop to 2-month low—an unexpected holiday gift to housing

Daniel Acker | Bloomberg | Getty Images Prospective buyers and a real estate agent, center, enter a home for sale in Warren, Michigan. Americans may be losing money in their stock portfolios this week, but they are gaining purchasing power in the housing market. Mortgage rates are falling sharply, as […]

SBI’s Multi-Option Deposit Scheme: Here Are 10 Things To Know

SBI or State Bank of India offers a type of fixed deposit or term deposit scheme called the Multi Option Deposit Scheme (MODS). A fixed deposit is a secure financial instrument offered by banks, which fetch guaranteed returns. Unlike normal term deposits which are fully liquidated anytime you need funds; […]

Business to be ‘named and shamed’ on late payments to small firms

Big businesses and governments delaying payments to small business suppliers will be “named and shamed” after the Morrison government asked the small business ombudsman to review the impact of late payments on the cash flow of small firms. The government-directed review, which could lead to new laws or more industry-led […]

Mortgage rates shoot up to their highest level in nearly 8 years

Strong employment numbers caused mortgage rates to take off with the 30-year fixed-rate average the highest it has been in nearly eight years. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average jumped to 4.94 percent with an average 0.5 point. (Points are…  [“source=forbes]

Fit doctors more likely to prescribe excercise, study finds

The new study, published in the British Journal of General Practice Open, concludes that doctors’ own lifestyles influence their preventive counselling about physical activity. The authors questioned doctors who were taking part in the Longitudinal Study of Norwegian Medical Students and Doctors. Of the 526 medics who responded, 307 (58%) […]