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For most of the pandemic, people have enjoyed record low interest rates, making way for a boom in mortgage refinancing. But experts say the upcoming election could have a major impact on whether those rates stay low."I think for a lot of reasons there will be even more volatility. You have the backdrop of the pandemic, you have quite a rivalry," said Josh Stech, Co-founder and CEO of Sundae, a company that helps people with homes in bad condition get their properties sold. Stech says the pandemic has created even more of a wedge between the two parties and interest rates will be impacted."I would say that we’re cautiously optimistic that we’ll see a strong 2021 regardless of who wins but there’s always that looming uncertainty of who wins and also what policies that follow that, that could impact unemployment, that could impact tax rates, that could just change consumer behavior again," said Stech.Matthew Garcia, a Senior Loan Officer with Supreme Lending, says historically, interest rates waver before an upcoming presidential election. "Last election in 2016, rates were in the lower threes. Literally, two to three days later rates went into the fours. That’s how violent and how rapid interest rates can move. A lot of folks', mistakes people make is they think the government makes interest rates. They don't. Interest rates for mortgages are controlled by bond market activity," said Garcia. Specifically, Garcia says, treasury bonds and mortgage-backed securities."Now, at some point, depending on what the next president decides to do, if that affects monetary policy by the Fed(eral Reserve) and the Fed has already come out and said we don't plan on changing anything but the president has the ability to influence that. If they make a decision that could ultimately affect what the Fed’s decision on monetary policy is, we would see a rapid increase in interest rates according with that," said Garcia.Another potential big influence on interest rates? "If COVID-19 is cured, you’re going to see rates spike overnight. Or any kind of change in economic policy or even, too, the economy itself being affected by COVID has the potential to drive interest rates a lot higher. So, there’s definitely on the horizon two major components, the election and COVID cure that are going to affect interest rates going forward," said Garcia.Garcia says it's best to take advantage of interest rates while they're low. Experts recommend speaking to a loan officer or financial advisor before taking out a loan. 2531
Former Vice President Joe Biden sidestepped a question Wednesday about his 2020 intentions, saying he is not running for president "at this point."Speaking at an event in London, Biden was asked about whether he could provide the best alternative to President Donald Trump when it comes to foreign policy.Instead, Biden argued every potential Democratic contender for the 2020 presidential campaign would adopt a "more enlightened foreign policy" than the current president."I think there are many people in the Democratic Party that can defeat Trump and not a single aspiring candidate that I can think of for the nomination -- and I am not one at this point -- does not have a better understanding and formulation of American foreign policy than President Trump," Biden told CNN during a question and answer session at an event at Chatham House."I'm not being rankly partisan here -- the President acknowledged at the outset he didn't know a lot about foreign policy. He said he watched the news, although I think he's getting more and more informed out of necessity," he added. "I think there are any number of potential candidates seeking the nomination from (California Democratic Sen.) Kamala Harris to a whole range of people in my party who would pursue a much more enlightened foreign policy than the President." 1329

For 9-year-old Joey DeLeon, staying on track can be hard. His mom, JoAnn Lopez, would have to tell him several times to brush his teeth or use his puffer. So, when she heard about The Attention Arcade, a new game system that helps kids focus, she was immediately interested."I figured if it was something we could try and it would work and we could help other kids,” said Lopez. “If it does work, why not do it?”DeLeon is part of a beta test group for Brain Leap Technologies, the company that created the game system. The game comes with a black bar that attaches to your PC. It tracks the child’s eye movements and allows the child to control the game with his or her eyes."The eye movement system and the attention system share neurocircuitry," said Bran Leap Technologies CEO Jeff Coleman. "We are leveraging the eye-movement system. It’s really hard to pin down the attention system, but we leverage the fact that they’re connected to train attention through eye movements."In a new study done at the University of California San Diego that's backed by the National Institutes of Health, Coleman says they saw on average of 55 percent improvement in inhibitory control. That’s the skill you need to not get distracted.And it’s working for DeLeon."I’m good at task initiation, especially when I write things down," said DeLeon. "When my brothers and sister are playing, and they're loud, there's a 50/50 chance I don't get distracted by them.”"He’s gotten better at being independent and just doing it on his own without being asked multiple times. I mean, he still has days where it’s just days, but overall much improved," said Lopez.With DeLeon and his two brothers and sister doing virtual learning this school year, Lopez hopes this helps him focus on his own school work."His grades have been always great when he puts effort in, but he just gets sidetracked a lot, and so hopefully this year, we will see that that has subsided," said Lopez. 1960
Following an overwhelming guest response to our poll, 42 is coming back to the big screen at #AMCTheatres honoring two legends: #ChadwickBoseman and #JackieRobinson. https://t.co/sHA9Oqz2tJ pic.twitter.com/9D6HGhAFzN— AMC Theatres (@AMCTheatres) September 1, 2020 272
Four Americans and a Costa Rican tour guide died Saturday after their recreational rafts overturned on the Naranjo River in Costa Rica.Luis Guzman, a Costan Rican official of the Red Cross, told CNN en Espanol that three rafts carrying 18 people overturned. Thirteen people survived by holding on to the overturned rafts but five were pulled further down the river.Costa Rican officials identified the deceased Americans as Ernesto Sierra, Jorge Caso, Sergio Lorenzo and Andres Dennis. Their ages ranged from 25 to 35. No hometowns were given.The deceased Costa Rican tour guide was identified as Kevin Thompson Reid.Costa Rican President Carlos Alvarado Quesada said on his official Twitter account: "In the name of the Government and people of Costa Rica I would like to express our deepest sorrow for the accident this afternoon at the Naranjo River in Quepos. I would like to thank all the emergency and security teams that worked diligently, and I have instructed authorities to help the victim's families."The Costa Rican Red Cross had 12 rescue workers in the area when the accident happened and assisted in the rescue, the organization posted on social media. 1175
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