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Mortgage rates…shop local & nuts

By Doug Barrett
Feb 14, 2021 3:00 PM
Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000. But the large number shows that job cuts remain high despite a substantial decline in new viral infections.

U.S. consumer prices rose 0.3% in January, led by a surge in energy. But even though the gain was the biggest monthly increase since July, inflation gains over the past year have remained modest. Even with the spike, gasoline prices are 8.7% below where they were a year ago.

Long-term mortgage rates are flat for a second straight week. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year fixed-rate home loan remains at last week’s 2.73%. By contrast, the rate stood at 3.47% a year ago. ....

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MnDEED Announces Over $13 Million in Relief Grants

The Minnesota Department of Employment and Economic Development announced over $13 Million in relief grants to convention centers and movie theaters in the state ....

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$13 million to convention centers and theaters statewide

KAAL-TV
Created: February 09, 2021 11:02 AM
(ABC 6 News) - DEED announces Over $13 Million in relief grants to convention centers and movie theaters statewide 73 movie theaters in 118 locations and 15 convention centers received awards.
The Minnesota Department of Employment and Economic Development has announced awards of $4.6 million in Convention Center Relief Grants and $8.54 million in Movie Theater Relief Grants to facilities across the state. These grants were part of a $216 million economic relief package signed into law by Governor Tim Walz on Dec. 16, 2020. This package included a $14 million appropriation for grants to movie theaters and convention centers in Minnesota impacted by COVID-19.
“Convention centers and movie theatres are an important part of our economy that has been severely impacted by COVID-19,” said DEED Commissioner Steve Grove. “The state and our team at DEED have worked hard to award these grants quickly t ....

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Local theaters receive grants through DEED program

Local theaters receive grants through DEED program
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River's Edge Convention Center, Local Movie Theatres Awarded Relief Grants

River’s Edge Convention Center, Local Movie Theatres Awarded Relief Grants
ST. PAUL The Minnesota Department of Employment and Economic Development (DEED) has announced $14 million in relief to convention centers and movie theatres hit hard by the COVID-19 pandemic.
The funds are part of a $216 million economic relief package signed into law by Governor Tim Walz in December. They include $4.6 million in Convention Center Relief Grants and $8.54 million in Movie Theater Relief Grants.
Fifteen convention centers around the state were awarded grants ranging from $38,000 to $500,000. The River’s Edge Convention Center in downtown St. Cloud was awarded $300,000.
Seventy-three movie theater owners – with a total of 790 screens in 118 locations across the state – were awarded grants ranging from $10,000 to $1.12 million. The list includes $740,000 for Marcus Cinemas of Minnesota and Illinois, which includes Parkwood Cinema in Waite Park, and $60,000 for Quarry C ....

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