Mortgage rates pushed to a fresh two-decade high this week, making it tougher for the housing market to emerge from its stark slowdown. The average 30-year fixed mortgage came with an interest rate of 7.23%, according to data published Thursday by Freddie Mac. Some borrowers are paying even loftier rates. The rate was 7.09% a
NYC’s new rule on takeout utensils begins; Eateries, stores must start using garbage containers on Tuesday It’s a new era for restaurants in New York City. Two new rules take effect this week that will impact your takeout and delivery experience, among other things. Picking up food now comes with a new responsibility for the
Farmers Insurance pulls out of Florida, affecting 100,000 policyholders Farmers Insurance will stop offering its policies in Florida, including home, auto and umbrella policies, in a change that will force thousands of people to change their insurance provider. The company said in a statement that its decision to get out of Florida was a business
A move from California to Texas could save a million dollars. Many Americans are opting in. The exodus of people from California to Texas is picking up steam. In 2021, it was the most popular interstate move in the country, with 111,000 people – or 300 people a day – headed to the Lone Star
A Philippines advertising agency has apologized for using footage of other countries in a promotional tourism video. The campaign used images of rice terraces in Indonesia, sand dunes in the United Arab Emirates and an aircraft landing in Switzerland. The agency, DDB Philippines, apologized for the “unfortunate oversight”. Philippine’s tourism secretary, Christina Garcia Frasco, said
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