- Q and A with Mayor Steve Williams: Audits ALWAYS have Findings....
- Q and A with Councilman Caserta: Mayor Needs to be Held Accountable, Independent Audit Necessary
- Special Prosecutor Will Be Appointed in Cabell County Regarding State Police Investigation of Mayor's Sick Leave Payment to Skip Holbrook
- "My Brother, My Brother & Me" Sunday Night at City Hall Auditorium
- OP-ED: How About Another Christmas Truce?
- Complaint alleges Stockert-Sizemore Funeral Home violated the West Virginia Preneed Act and state Consumer Credit and Protection Act.
- FREDDIE MAC: Mortgage Rates Find New Lows for 2014
- Christmas Kente Ceremony for winter graduates is Saturday at Marshall
- Marshall University Board of Governors to hold emergency meeting this afternoon
- CFPB Takes Action to End Student 'Debt Relief' Scams; CFPB Warns Borrowers About Companies Charging High Fees for Free Federal Loan Repayment Programs
FREDIE MAC: 30-year Fixed-rate Mortgage Hits Low for 2014
"Mortgage rates continued moving down following the decline in 10-year Treasury yields after a dismal report on real GDP growth in the first quarter," said Frank Nothaft, vice president and chief economist of Freddie Mac. "Meanwhile, the economy added 288,000 jobs in April, the largest since January 2012, and followed an upward revision of 36,000 jobs for the prior two months. Also, the unemployment rate fell to 6.3 percent."
- 30-year fixed-rate mortgage (FRM) averaged 4.21 percent with an average 0.6 point for the week ending May 8, 2014, down from last week when it averaged 4.29 percent. A year ago at this time, the 30-year FRM averaged 3.42 percent.
- 15-year FRM this week averaged 3.32 percent with an average 0.6 point, down from last week when it averaged 3.38 percent. A year ago at this time, the 15-year FRM averaged 2.61 percent.
- 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.05 percent this week with an average 0.5 point, unchanged from last week. A year ago, the 5-year ARM averaged 2.58 percent.
- 1-year Treasury-indexed ARM averaged 2.43 percent this week with an average 0.4 point, down from last week when it averaged 2.45 percent. At this time last year, the 1-year ARM averaged 2.53 percent.