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Mortgage Applications Decreased in Latest MBA Weekly Survey

Stubbornly high interest rates and decreased housing inventory are contributing to the slide. It’s more of the same for the U.S. housing market as weekly mortgage applications are in retreat, mostly due to high home prices and robust interest rates.That’s the call from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 21, 2023.The survey found that Market Composite Index, which tracks U.S. mortgage loan application volume, slid by 1.8% from the ....

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Shoppers Should Stay Vigilant Amid Amazon U.K., DHL Australia Incidences, Experts Say

Scam alert comes on heels of Amazon’s Prime Day event All online shoppers should stay vigilant given recent warnings from Amazon U.K. and DHL Australia, two US cybersecurity experts told Kiplinger.In an email communication seen by Kiplinger, Amazon alerted its U.K. customers about recent scam tactics targeting users. The company said that scammers are getting more creative and that they constantly devise new schemes, exploit new technologies and change tactics to avoid detection.Specifically, Am ....

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