inflation
30-year rates hit record lowPosted by RJ and Makay on May 03, 2012 |
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Lenders are offering 30-year mortgage loans at an average of 3.84%, a record low, according to Freddie Mac’s weekly survey. The rate beats last week’s rate of 3.88% and is slightly better than the previous record low of 3.87% in February. The current rates have greatly improved since 2008, when the 30-year averaged more than 6%, and 2009, when the typical rate stayed above 5%.
Boomer investments may face headwindsPosted by RJ and Makay on Mar 12, 2012 |
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Baby boomers should expect lower investment returns in retirement, according to Robert D. Arnott, chairman of Research Affiliates in Newport Beach California. As the ratio of retirees to active workers expands, retirees will sell stocks and bonds to support themselves and there will be fewer younger workers to buy those securities, which may suppress prices, Arnott said.
Soft reinsurance market may persist: Willis GroupPosted by RJ and Makay on Sep 13, 2011 |
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In a keynote speech at the PriceWaterhouseCoopers breakfast briefing at the Reinsurance Rendezvous in Monaco, Martin Sullivan, deputy chairman of the Willis Group and CEO of Willis Global solutions, outlined his vision of the reinsurance industry. The overall soft reinsurance market that has persisted since 2004 could become the norm into the foreseeable future, according to Sullivan.
Jay Leno (American TV Host and Comedian, b.1950)
