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Black families pay significantly higher property taxes than white families, new analysis shows

Unfair property assessments lead to widespread over-taxation of black Americans’ homes A national reckoning with racism, combined with the economic damage wrought by the pandemic, is prompting some state and local officials to take a closer look at an issue that has long bedeviled Black homeowners: inflated property tax assessments. For decades, white tax assessorsContinue reading “Black families pay significantly higher property taxes than white families, new analysis shows”

Apple to shut seven retail stores in Houston again as COVID-19 cases jump | Financial Post

Apple Inc is set to shut seven of its retail locations in Houston, Texas again due to an increase in the number of novel coronavirus cases in the United States, the company said Wednesday. — Read on business.financialpost.com/pmn/business-pmn/apple-to-shut-seven-retail-stores-in-houston-again-as-covid-19-cases-jump

Apple’s Diversity Chief Leaves as Companies Vow to Tackle Racism

(Bloomberg) — Apple Inc.’s head of diversity and inclusion Christie Smith is leaving the iPhone company, according to people familiar with the matter.Last week, Chief Executive Officer Tim Cook said Apple is launching a $100 million Racial Equity and Justice Initiative, adding to the company’s response to the police killing of George Floyd last month.Continue reading “Apple’s Diversity Chief Leaves as Companies Vow to Tackle Racism”

Fannie Mae: Home sales will decline by 15% in 2020 due to coronavirus, but what will happen to property prices? – MarketWatch

Fannie Mae: Home sales will decline by 15% in 2020 due to coronavirus, but what will happen to property prices? low-interest rates are expected to keep mortgage refinancing volumes high throughout the year Fannie Mae expects home sales to drop 15% in 2020 because of the coronavirus outbreak. I expected that 2020 would be aContinue reading “Fannie Mae: Home sales will decline by 15% in 2020 due to coronavirus, but what will happen to property prices? – MarketWatch”

Current Fixed Mortgages Rates, 30 Year Fixed Mortgage Rates

As can be seen from Freddie Mac’s Mortgage Market Survey, last week, 30 Yr. Fixed Mortgage rates for conforming loans hit 3.90% with the rate falling 0.03% basis points from the previous week.Treasury Prices Rise and Yields Fall for U.S. 10 Yr. and 30 Yr. Treasuries.At the Chicago Board of Trade (CBOT): the US 10Continue reading “Current Fixed Mortgages Rates, 30 Year Fixed Mortgage Rates”