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Mortgage demand fell last week as interest rates stalled – CNBC

With no major move in mortgage rates, there was no sudden incentive to refinance a home loan last week, so fewer people did.

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With no major move in mortgage rates, there was no sudden incentive to refinance a home loan last week, so fewer people did.
That drove overall mortgage application volume down 2.5% from the previous week, according to the Mortgage Bankers Association.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances of up to $510,400 was unchanged at 3.07%. Points, including the origination fee for loans with a 20% down payment,  decreased to 0.32 from 0.36. 

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Metro-North workers had a hidden ‘man cave’ under Grand Central where they napped, drank beer and watched TV, watchdog says – The Washington Post

The inspector general’s office for the Metropolitan Transportation Authority discovered the room in August 2019 after receiving an anonymous tip that workers were going there to “hang out and get drunk and party,” the agency watchdog said Thursday.

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The inspector generals office for the Metropolitan Transportation Authority discovered the room in August 2019 after receiving an anonymous tip that workers were going there to hang out and get drunk and party, the agency watchdog said Thursday. The investigation into the room took a year due, in part, to work disruptions during the coronavirus pandemic, a spokeswoman said.
Many a New Yorker has fantasized about kicking back with a cold beer in a prime piece of Manhattan real estate, especially…

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Walmart Announces an “All-New Black Friday Experience”—Here’s What to Expect – Yahoo Lifestyle

Holiday savings will start earlier than ever this year.

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COVID-19 has changed almost every aspect of our day-to-day lives, and for lovers of fashion  who rely on the endorphin hit that comes from discovering, coveting, and showcasing new duds  2020 can feel like a permanent timeout from one of our favorite pursuits. Sequestered in our homes for days on end and isolated from our social circles, what has once been the highlight of our day getting dressed seemed like a frivolous endeavor. Many of us wondered, Without a need to be seen, would all recreati…

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Tesla Stock Will Surge 27% to $500, According to This Analyst – Motley Fool

The electric-vehicle maker’s investors could enjoy handsome gains.

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Tesla’s (NASDAQ:TSLA) new battery technology promises to accelerate the growth of the electric-vehicle market and widen its lead over its rivals.
So says Deutsche Bank analyst Emmanuel Rosner. On Wednesday, Rosner raised his rating from Tesla’s shares from hold to buy and boosted his price forecast from $400 to $500. His new target represents potential gains for shareholders of roughly 27% from the stock’s current price near $395.
Deutsche Bank analyst Emmanuel Rosner sees plenty of upside ahe…

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