Mortgage rates fall again | July 20, 2021

Mortgage rates are again largely lower today. The interest rate on a 30-year fixed-rate mortgage is on average 3.257%, down 0.33 percentage points from yesterday. Other types of loans also show lower rates with the exception of the 7/1 adjustable rate purchase and refinancing loans, which have increased Lower rates …

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Buy Now, Pay Later – How Does It Work?

Financial experts advise individuals not to buy property the cost of which they cannot cover with the available money. Well that’s true, but impractical, especially when you need something your paycheck or savings can’t cover. Fortunately, there is another way to pay for an item that you don’t have the …

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Auto makers give lithium in U.S. geothermal brines a chance

General Motors Co. recently announced plans to invest and collaborate with lithium and renewable energy company Controlled Thermal Resources Ltd. to source battery grade lithium from geothermal brines in the Salton Sea of ​​California, shown above.Source: Controlled Thermal Resources Ltd. Amid the global decarbonization push, automakers have rushed to secure …

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Timeline: Back on 10 years of Snapchat

Creative destruction plays a key role in entrepreneurship and economic development. Invented by economist Joseph Schumpeter in 1942, the “creative destruction” theory suggests that business cycles operate under long waves of innovation. Specifically, as markets are disrupted, clusters of key industries have disproportionate effects on the economy. Take the rail …

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“Communitarization of tax policy is not envisaged” Interview for the supplement “Wohlstand für Alle – Vorteil Marktwirtschaft” of the Ludwig-Erhard-Stiftung

Interview with Jens Weidman by Dorothea Siems. The coronavirus crisis changes the balance between the state and the economy. Faced with the great future challenges we are facing, should the State permanently play a more important role? It was right for the state to take massive action during the pandemic …

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