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Mortgage rates edged closer to 7.00% on 30-year terms, while 15-year terms fell to around 6.50% as of Wednesday, May 22, 2024. The current average interest rate for a 30-year fixed mortgage is 7. ...
According to an analysis that excludes pensions and social security, the richest 1% of the American population in 2007 owned 34.6% of the country's total wealth, and the next 19% owned 50.5%. Thus, the top 20% of Americans owned 85% of the country's wealth and the bottom 80% of the population owned 15%.
The poverty rate rose from 12.5% in 2007 before the Great Recession to a 15.1% peak in 2010, before falling back to just above the 2007 level. In the 1959–1962 period, the poverty rate was over 20%, but declined to the all-time low of 11.1% in 1973 following the War on Poverty begun during the Lyndon Johnson presidency.
According to an October 2015 Fortune article, Ziff Davis comprises 30% of parent company J2 Global's $600 million annual revenue (2014) and is increasing 15% to 20% each year. Analyst Gregory Burns of Sidoti & Company calculates that Ziff Davis is worth $1.9 billion.
Rates on a 15-year mortgage stand at an average 6.62% for purchase and 6.68% for refinance, down 12 basis points from 6.74% for purchase and 6.80% for refinance last week. The average rate on a 30 ...