US housing watch: 30-year mortgage rate edges up to 6.22%; rise ends four-week decline as bond yields ease
The average long-term US mortgage rate rose slightly this week, snapping a four-week decline that had brought borrowing costs to their lowest level in over a year, AP reported.Mortgage buyer Freddie Mac said on Thursday that the average rate on a 30-year fixed mortgage ticked up to 6.22% from 6.17% a week earlier. A year…
Indians are the kind of immigrants America needs more of – why Donald Trump should take notice
An average Indian immigrant actually reduces the US national debt by over $1.6 million over 30 years. (AI image) Donald Trump has been vocal about his belief that immigrants in the US are taking away jobs from Americans. His increasing restrictions on even legal immigration channels are proof enough! Just recently the highly popular visa…
FM asks banks to ensure staff speak local language
MUMBAI: Finance Minister Nirmala Sitharaman has urged banks to ensure that customers are able to get their work done in branches speaking in the local language. She also called upon banks to tweak HR policies to give weightage to local language proficiency during appraisals. She asked banks to restore the human connect in customer service,…