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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
As millions of Americans head to the polls today for the last day of voting, a group of artists has been deployed to help them pass the time.With a strum of her bow, violinist Paula Johannessen is off.“Some poll workers were really excited, too, that they were just happy to hear music,” said Johannessen.But today, her performance is dedicated to the American voter.“I played a lot of Irish music so far, and I'll continue to some jigs reels and waltzes,” she said.It’s called Play for the Vote, a non-partisan effort by artists and performers to bring music to the ballot box.“It's nice to remind people that we are still here, we're still performing, we're still here to share what we have with everybody,” explained Johannessen.Boston-based cellist Mike Block came up with the idea after the contentious first presidential debate.“I was just kind of thinking about what the candidates were saying about, not just who you should vote for, but the stress around the process of voting itself,” said Block.With long lines, health concerns, and the fate of the country hanging in the balance, Block decided musicians could help ease the anxiety.“I think it's also this is going to serve a very important need for audiences, said Block.“Music has this unique power to create shared unifying experiences and we haven't really had that this year.”He recruited 600 musicians to perform classical, folk, bluegrass, jazz, rock and more without a political leaning. They will play in 48 states and the District of Columbia. All of it is for voters stuck in long lines, fulfilling their civic duty.“It's always been a melting pot of music, as well as cultures here, and it's really cool just to be able to communicate with anyone anywhere through music,” said Johannessen.“I think encountering this at a voting location is really going to remind people of the culture and all of the things that bring us together in society,” said Block.It’s a good reminder of what we have in common today, no matter who we vote for. 2016

AUSTIN, Texas (AP) — Democratic presidential candidate Beto O'Rourke says President Donald Trump should resign as Congress begins an impeachment investigation.O'Rourke said Saturday there shouldn't be a fear of an impeachment probe intensifying partisan divisions. The former Texas congressman said at the Texas Tribune Festival in Austin that he believes impeaching Trump would ultimately unify the country.But O'Rourke says "the best thing" Trump can do at this point is to step down. Trump defiantly denies any wrongdoing.The 2020 Democratic presidential field is unanimous in its support of Congress for launching an impeachment investigation. The White House's handling of Trump's calls with foreign leaders is at the heart of the House impeachment inquiry.O'Rourke has been lagging in the polls but says he's in the race "until the very end." 856
AUSTIN, Texas (AP) — Texas and six other states are suing to end once and for all a program that would protect some young immigrants from deportation.The lawsuit announced Tuesday comes a week after a federal judge in Washington ordered the Trump administration to resume the Deferred Action for Childhood Arrivals program.Immigrants under the Obama-era program are commonly referred to as "Dreamers." Republican Texas Attorney General Ken Paxton had threatened legal action for the past year if the program didn't come to a halt.Joining Texas in the lawsuit are Alabama, Arkansas, Louisiana, Nebraska, South Carolina and West Virginia.A federal judge in Washington called the Department of Homeland Security's rationale against the program "arbitrary and capricious." He gave the Trump administration 90 days to make a new case. 837
At least 13 people are dead, including a sheriff's deputy, after a shooting at a country bar in Thousand Oaks, California. The bar was conducting its weekly country night for college students when the shooting happened. 244
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