Saturday, June 11, 2011

DailyMarkets.com - 30-Year Mortgage Rates Fall To 6-Month Low

DailyMarkets.com - 30-Year Mortgage Rates Fall To 6-Month Low

30-Year Mortgage Rates Fall To 6-Month Low

Posted: 11 Jun 2011 08:41 AM PDT

In another market-based indicator that inflationary pressures are contained for the time being and should not be a major concern, the fixed rate for 30-year mortgages fell to the lowest level in 2011: 4.55%.  That’s the lowest level since early December last year, six months ago, and only 38 basis points above the historical low level of 4.17% last November. It just doesn’t seem like there could be any major inflationary pressures in the U.S. economy when 30-year fixed rates are so, so … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Since 1948 The U.S. Has Lost Twice As Many Jobs In Agriculture (-5.8m) As In Manufacturing (-2.74m)

Posted: 11 Jun 2011 08:09 AM PDT

The chart above displays monthly employment levels for the U.S. manufacturing and agriculture sectors back to January 1948.  

Note that:

1. Compared to 1948 levels of employment, the U.S. agriculture sector has lost more thatn twice as many jobs (5.83 million) as the manufacturing sector (2.74 million).   

2. Compared to their respective peak levels of employment, the agriculture sector has contracted by 72.3% since 1948 (-5.83 million jobs), which is much higher on a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

E3 And WWDC Unveil New Products

Posted: 11 Jun 2011 08:00 AM PDT

06/11/11 The WWDC 2011 and E3 introduced the upcoming Apple iCloud service and the Nintendo Wii U. Meanwhile, Citigroup’s security breach highlighted the increase in global hack … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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