presidential election

After a week of dismal housing data, a silver lining perhaps. The spike in U.S. mortgage rates since the November presidential election has been cut in half.

As Bloomberg notes, the average rate on a 30-year fixed mortgage dropped in the week ended Thursday to a six-month low of 3.95 percent, according to Freddie Mac data.

In the seven weeks after the election, borrowing costs increased by 75 basis points to 4.32 percent at the end of December, the highest since April 2014.

Via Disobedient Media

In lieu of the Friday night "Trump bombshell" deliverable from the NYT-WaPo complex, today it was Reuters' and the Wall Street Journal's turn to lay out the suspenseful weekend reads, previewing major potential upcoming changes to the Trump administration.

Via Disobedient Media

The control of private information on the internet has been a contentious for as long as the people have been online. It has long been the consensus that maintaining internet freedoms is essential for free expression, the exchange of ideas and the ability for proponents of democracy and human rights activists to mobilize and advocate for political, social, and economic reform. Currently, the debate about internet freedom is centered around the concept of net neutrality.

Authored by Richard Rosso via RealInvestmentAdvice.com,

The financial services industry is headed for the greatest debate in recent history.