Welcome to Ilyce Glink's blog! Here you'll find Ilyce's latest insights on personal finance advice, real estate advice and consumer issues. Come back often for timely and interesting posts on a wide variety of topics.
Non-farm payrolls lost 539,000 jobs in April, reports the Department of Labor today.
The unemployment figures for February and March were revised upward:
Despite a…
Topics: personal finance advice
Statement from U.S. Treasury Secretary Timothy Geithner:
This afternoon, the Federal Reserve and the national banking agencies released the results of the stress tests - the most comprehensive, forward looking review of our nation's largest banks ever undertaken. These tests will help ensure that…
Topics: personal finance advice
Mortgage rates rose slightly during the week ending May 7, Freddie Mac announced today.
30-year fixed rate mortgages averaged 4.84 percent with 0.7 points down. The previous week, the average rate for this loan was 4.78 percent.
Here are some other common loans:
Topics: mortgage
The Labor Department released unemployment data today.
For the week ending May 2 - 34,000 fewer people filed first time unemployment insurance claims. The total number, on a seasonally adjusted basis was 601,000.
Some media are reporting this decline shows that job cuts may be easing. I hope that's…
Topics: personal finance advice
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