Breaking News

Business

Considering a mortgage refi? Lower rates are just one factor when refinancing a home loan

LOS ANGELES (AP) — Mortgage rates haven’t been this attractive in more than a year, good news for homeowners eager to refinance. Many homeowners have already jumped at the opportunity to lower their monthly payment, spurring a surge in mortgage refinancing applications. And that was before the average rate on a 30-year mortgage fell this week to 6.47%, according to mortgage buyer Freddie Mac. As recently as May, the rate averaged 7.22%. It’s now at a 14-month low. The rush to refinance makes sense, as even a slight drop in mortgage rates can translate into significant savings ...

Helpful Tips: Business problem solutions

Previous Lock Haven Express articles offered topics for the budding entrepreneur and cautioned readers to be mindful of business problems. But perhaps a business owner doesn’t wish to close the doors or file bankruptcy? What if they prefer to face problems and navigate the business ...

Fed’s preferred inflation gauge cools, adding to likelihood of a September rate cut

WASHINGTON (AP) — The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates in September. Prices rose just 0.1% from May to June, the Commerce Department said Friday, up from the previous month’s unchanged reading. Compared with a year earlier, inflation declined to 2.5% from 2.6%. Excluding volatile food and energy prices, so-called core inflation rose 0.2% from May to June, up from the previous month’s 0.1%. Measured from one year ...

Caramia’s Reloved Fashion celebrates second birthday with specials today

LOCK HAVEN — Caramia’s Reloved Fashion is celebrating two years of business with a 2 Sweet Birthday Bash today. The business, located at 132 E. Main St., Lock Haven, will be holding its Birthday Party from 10 a.m. to 2 p.m. with a 20-percent-off sale with delicious food and drink and a ...

Bellefonte welcomes new McDonald’s

BELLEFONTE — McDonald’s new Bellefonte location kicked off its grand opening on July 18, with a ribbon cutting, plenty of deals and a visit from some of the company’s beloved mascots. The new 4,285-square-foot restaurant at the intersection of Paradise Road and Benner Pike in Benner ...

Travel Safely with Visa’s New Digital Emergency Card Replacement Service

Traveling has never been more comfortable, from a payment point of view. With so many different payment methods available in the palm of their hands (literally), travelers can bring cash or credit cards with them. They can also turn to digital wallets and store their payment data so they don’t even have to carry tangible payment cards on their trips. However, it’s always important to have a backup solution for your personal assets, especially when you’re away from home. As one of the largest providers of digital transactions, Visa is always on the lookout for innovations that ...