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Average rates on long-term mortgages continue to fall to new record lows, as the key 30-year loan dropped below 3% for the first time in 50 years. The stagnant economic recovery in the face of the coronavirus pandemic is keeping inflation tamped down despite pent-up homebuying demand. Mortgage buyer Freddie Mac says the average rate on the 30-year home loan fell this week to 2.98% from 3.03% last week. These are the lowest levels since Freddie Mac began tracking averages in 1971. The rate averaged 3.81% a year ago.In their update, Freddie Mac says the low rates has led to increased homebuyer demand. Meanwhile, according to the Mortgage Bankers Association, refinancing applications increased recently, about 12 percent in the last week. However, Freddie Mac warns that with an increase in coronavirus cases, the economy can stagnate and cause temporary job layoffs to possibly become permanent. The average rate on the 15-year fixed-rate mortgage declined to 2.48% from 2.51%, from last week. 1008
AURORA, Colo. -- Inside the HealthONE Behavioral Health and Wellness Center in Aurora, Colorado, doctors and other staff members are dealing with a surge of patients.“With the impact of COVID, we have seen an increase in patients,” said HealthONE occupational therapist Emma Kowal.And one staff member, in particular, is bringing a level of care most others cannot.“A.J.’s definitely my favorite co-worker,” said technician Colin Smith.“He knows when we put the vest on – it’s time to go to work,” Kowal said.Three-year-old A.J. is a Labrador and golden retriever mix who came on board at HealthONE just in the nick of time, you could say - one month before COVID-19 shut down much of the country.“A.J. comes in and he’s instantly disarming,” Smith said.“This unbounding sense of love that he can provide to people,” Kowal said.A.J. is working with Kowal, visiting as many as 100 patients a week.“Whether that’s petting him, just touching him, brushing him,” she said. “Earlier someone bent down and kissed him on the head.”HealthONE and other mental health inpatient facilities like it are seeing a critical care need. The CDC’s latest numbers show 40% of U.S. adults reporting some kind of mental health issue – depression, anxiety and substance use among them – because of various challenges and hardships related to the coronavirus.“Dogs are often really familiar and really comforting for people,” Kowal said.Just this week, A.J. is visiting a floor of adolescents who recently attempted suicide.“The kids love him so much,” Smith said. “The way their faces just kind of light up when he comes on the unit. I wish they did that for me.”And Smith says it goes way beyond that.“A.J. is also a dream colleague for staff,” Smith said. “Oh my gosh, so much. He definitely helps when the staff gets stressed out. It’s a very stressful job.”“I think in mental health, we have to be aware of our own mental health, too,” Kowal said. “I feel privileged that I can serve my community this way.”This story originally reported by Russell Haythorn on TheDenverChannel.com. 2073
As the coronavirus continues to wreak havoc in our lives, many people are looking for ways to manage the stress that has come with it.Drink maker PepsiCo is adding to your options of stress relief aid.On Monday, the company unveiled Driftwell, a new drink designed to ease stress and help you relax.PepsiCo says the drink is loaded with an amino acid that helps with calmness, improves focus, and helps with sleep.You'll be able to get Driftwell online later this year and in stores early next year. 507
At least two people say they suffered serious injuries on Sunday evening after the Los Angeles Police Department (LAPD) attempted to disperse a large crowd celebrating the Los Angeles Lakers' NBA Finals victory near the Staples Center. 243
As the investigation continues into why a female shooter opened fire at YouTube headquarters, data show that it's rare for women to carry out such shootings -- making Tuesday's incident unusual.The shooting unfolded at the San Bruno, California, company premises when a woman shot and injured three people, and then apparently took her own life, officials said.She appeared to have killed herself with a handgun, San Bruno Police Chief Ed Barberini said. The woman has been identified as Nasim Najafi Aghdam, a 39-year-old from San Diego, California. 558