HOME – United Mortgage Trust #house #calculator


#mortgage grapevine

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Overview

United Mortgage Trust is a real estate investment trust (REIT). We invest in residential real estate loans. Investor funds are pooled to acquire and own these assets that might otherwise be outside the means of a typical investor.

We seek to produce net interest income from our mortgage investments while maintaining strict cost controls in order to generate net income for monthly distribution to our shareholders. We intend to continue to operate in a manner that will permit us to qualify as a Real Estate Investment Trust (“REIT”) for federal income tax purposes. As a result of that REIT status, we are permitted to deduct dividend distributions to shareholders, thereby effectively eliminating the double taxation that generally results when a corporation earns income (upon which the corporation is taxed) and distributes that income to shareholders in the form of dividends (upon which the shareholders are taxed).

BOARD OF TRUSTEES

Committed to excellence, today and tomorrow, meet the Board learn more


Latest Mortgage Underwriter jobs – JobisJob United Kingdom Mobile #nationwide #mortgage


#mortgage underwriter jobs

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Mortgage Underwriter Stellar Select Limited – Uxbridge Mortgage Underwriter required for a growing mortgage lending processing division. You will be responsible for processing and underwriting residential and buy to let mortgage applications in accordance.

Mortgage Underwriter Morgan Parkes Recruitment – Solihull, West Midlands Due to continued success and business growth, an exciting opportunity has arisen for an experienced Mortgage Underwriter for one of our clients based in Solihull. This position is based in a rapidly expanding. 2 days ago

Mortgage Underwriter Coventry Building Society – Coventry, West Midlands Coventry Building Society is the UK’s 3rd largest Building Society and one of the top ten mortgage providers, we are growing fast! Having developed a strong reputation for product innovation and commitment. 4 days ago

Mortgage Underwriter / Broker – Southend James Phillip Financial Recruitment – Southend-on-Sea, Essex My client a successful financial brokerage for specialist products that include second mortgages, bridging and commercial loans. It has a full market panel of national lenders and is fully approved and. 2 days ago

Mortgage Underwriter SELECTIVE RECRUITMENT LIMITED – Leatherhead, South East The creation of a further Mortgage Underwriter position together with the appropriate Case Managers provides genuine proof of the consistent success of this underwriting team in a progressive specialist. 6 days ago

Loans and Mortgage Underwriter Fame Recruitment Consultants – South East This is an excellent opportunity to join a high end and upmarket Financial Services company and develop a long term and successful career. The successful candidate will benefit from working within a friendly. 4 days ago

Mortgage Underwriter Accountancy Divisions Limited – Edgware, Middlesex An exciting opportunity has become available working as a mortgage underwriter for a leading specialist loans provider. The vacancy has become available due to the firm going through a period of expansion. 24 days ago

Mortgage Underwriter NRG – Durham, North East You’ll be responsible for reviewing and underwriting residential and buy to let mortgage applications, further advances and loan modifications in line with lending criteria, procedures and controls. The. 10 days ago

Buy To Let Mortgage Underwriter City Elite Recruitment Ltd – Kings Hill, Kent To provide support to the Head of Specialist Underwriting for Keystone brand; managing files accurately within prescribed timescales, focusing on achieving excellent customer service at all times. Responsibilities. 4 days ago

Mortgage Underwriter GOLD PERSONNEL – Solihull, West Midlands You will have a proven ability to assess and apply sound risk assessment to each stage of the application process, understand the criteria and the ability to apply credit policy and lending guidelines. 11 days ago

Mortgage Underwriter Adecco – Kent, South East England Are you methodical, logical and financially minded? Do you have experience in underwriting? Do you have the ability to learn processes quickly? Are you ready for your next challenge? Having passed your. 9 days ago

Receive the latest jobs by email


United States Prime Rate #rate #mortgage


#prime mortgage rate

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Prime Rate

The Current United States Prime Rate is: 3.5 %

July 27, 2016: The FOMC has voted to keep the
target range for the fed funds rate at 0.25% – 0.5%.
Therefore, the United States Prime Rate remains at 3.5%
The next FOMC meeting and decision on short-term rates
will be on September 21 ST. 2016.

The U.S. Prime Rate is a commonly used, short-term interest rate in the banking system of the United States. All types of American lending institutions (traditional banks, credit unions, thrifts, etc.) use the U.S. Prime Rate as an index or foundation rate for pricing various short- and medium-term loan products. The Prime Rate is consistent because banks want to offer businesses and consumers loan products that are both profitable and competitive. A consistent U.S. Prime Rate also makes it easier and more efficient for individuals and businesses to compare similar loan products offered by competing banks.

Each U.S. state does not have its own individual Prime Rate, so the New York Prime Rate or the California Prime Rate are in fact the same as the United States Prime Rate.

When the 4 largest bank holding companies in the United States (by assets) change their Prime Rate, this website, www.FedPrimeRate.com. will update its published U.S. Prime Rate. Currently, these four banks are:

  1. JPMorgan Chase Co.

  • Bank of America Corp.

    Providers of consumer and commercial loan products often use the U.S. Prime Interest Rate as their base lending rate, then add a margin (profit) based primarily on the amount of risk associated with a loan. Moreover, some financial institutions use Prime as an index for pricing certain time-deposit products like variable-rate Certificates of Deposit.

    It’s important to note that the Prime Rate is an index, not a law. Consumers and business owners can sometimes find a loan or credit card with an interest rate that is below the current Prime Lending Rate. Lenders will sometimes offer below-Prime-Rate loans to highly qualified customers as a way of generating business. Furthermore, below-Prime-Rate loans are relatively common when the loan product in question is secured, as is the case with home equity loans, home equity lines of credit and car loans.

    Every U.S. bank sets its own Prime Rate. However, the Prime Rate is invariably tied to America’s cardinal, benchmark interest rate: the Federal Funds Target Rate (or Fed Funds Target Rate [FFTR].) The FFTR is set by a committee within the Federal Reserve system called The Federal Open Market Committee (FOMC ). The FOMC usually meets every six weeks, and it is at these meetings that the FOMC votes on whether or not to make changes to the FFTR. When the FFTR changes, the United States (Fed) Prime Rate will also change. If the FOMC votes to make no changes to the FFTR, then the U.S. Prime Rate will also remain unchanged.

    Since the second quarter of 1994, a rule of thumb for the U.S. Prime Rate has been:

    The FOMC’s primary objectives are to keep inflation under control and maintain steady economic growth with maximum sustainable employment within the United States.

    The U.S. Prime Interest Rate is used by many banks to set rates on many consumer loan products, such as student loans, home equity lines of credit, car loans and credit cards. If you read or hear about a change to the U.S. Prime Rate, then any loan product that is tied to the Prime Rate will also change, like variable-rate credit cards or certain adjustable-rate mortgages.

    The Current Fed Prime Rate is: 3.5 %

    (the last rate change — an increase of 25 basis points
    [0.25 percentage point] — occurred on December 17, 2015)


  • 30-Year Fixed Rate Mortgage Average in the United States© – FRED – St #homeloans


    #50 year mortgage

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    30-Year Fixed Rate Mortgage Average in the United States© (MORTGAGE30US)

    (a) 30-Year Fixed Rate Mortgage Average in the United States©. Percent, Not Seasonally Adjusted (MORTGAGE30US)

    Data is provided “as is,” by Freddie Mac® with no warranties of any kind, express or implied, including, but not limited to, warranties of accuracy or implied warranties of merchantability or fitness for a particular purpose. Use of the data is at the user’s sole risk. In no event will Freddie Mac be liable for any damages arising out of or related to the data, including, but not limited to direct, indirect, incidental, special, consequential, or punitive damages, whether under a contract, tort, or any other theory of liability, even if Freddie Mac is aware of the possibility of such damages.

    Copyright, 2016, Freddie Mac. Reprinted with permission.

    Select a date that will equal 100 for your custom index:

    U.S. recession: or Enter date as YYYY-MM-DD

    Display integer periods instead of dates (e.g. -1,0,1. ) with the value scaled to 100 at period 0.

    Integer start/end to Copy to all

    Release: Primary Mortgage Market Survey

    Notes:

    Data is provided “as is,” by Freddie Mac® with no warranties of any kind, express or implied, including, but not limited to, warranties of accuracy or implied warranties of merchantability or fitness for a particular purpose. Use of the data is at the user’s sole risk. In no event will Freddie Mac be liable for any damages arising out of or related to the data, including, but not limited to direct, indirect, incidental, special, consequential, or punitive damages, whether under a contract, tort, or any other theory of liability, even if Freddie Mac is aware of the possibility of such damages.

    Copyright, 2016, Freddie Mac. Reprinted with permission.

    Suggested Citation:

    Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States© [MORTGAGE30US], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MORTGAGE30US, September 18, 2016.

    Related Resources

    Dating the financial crisis using fixed income market yield spreads

    ALFRED Vintage Series

    30-Year Fixed Rate Mortgage Average in the United States©


    Cell Phone Number Database, SMS Text Marketing List #cell #phone #list, #cell #phone #numbers, #canadian,


    #

    $295 For Any Area Code! $7995 For All US Area Codes!

    The CPL USA Database contains over 430 million individual cell phone numbers. Our cell phone lists include every area code, every NXX (prefix) and wireless carrier! Each area code list also includes the SMS carrier messaging domain for SMS based text marketing campaigns! In addition, we offer the complete United Kingdom. Canadian, Puerto Rican Virgin Island databases!

    For more information about our mobile lists, visit the Cell Phone Number List section. To purchase a list: Click Here .

    The SMS Cell Phone Marketing List

    Consider our database a “Master List” of every mobile cellular number that currently exists. Our in house experts are constantly maintaining and updating our mobile lists on a daily basis. Our goal is to provide our clients with the most accurate, complete and up to date mobile database anywhere!

    Each area code includes every cell phone number and SMS messaging domain for only $295.00. Our clients include small businesses, insurance agencies, realtors, restaurants, networkers, politicians, predictive dialer users, and non-profit organizations just to name a few.

    The CPL Bulk SMS Sender

    The CPL Bulk SMS Sender is unique to any other mobile platform on the market today. Our Bulk SMS Sender is designed to give our clients complete and total control over their own mobile marketing campaigns. The Bulk SMS Sender provides our clients with the right tools to get the job done quickly, cost effectively, with maximum results!

    Since most businesses don�t have a mobile marketing strategy, or a mobile subscriber base, or a mobile delivery platform, the CPL Bulk SMS Sender is the perfect solution. It’s been designed to provide a simple and cost effective way for our clients to substantially increase their daily leads and sales productivity. There are No Per Message Costs or Monthly Fees! For more information about the Bulk SMS Sender Click Here .

    The CPL Ringless Voicemail Drop Platform

    Ringless Voicemail Drops are the legal alternative to auto-dialers, and an excellent way to send a direct message to your subscribers or potential customers.

    Our Ringless Voicemail Platform will leave a custom voice message directly on your audiences voicemail without ever ringing their phone .

    With our RVM platform you can drop your custom message into thousands of voicemail boxes within minutes without ever bothering the recipients, and you are only charged for messages that are 100 percent successfully delivered .

    When used responsibly Ringless Voicemail Drops are fully FCC, CRTC, and TCPA compliant. For more info visit our Ringless Voicemail Drop page.


    Donald Trump Fires The Acting Attorney General Of The United States #donald #trump,u.s. #news,sally #yates,united


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    Donald Trump Fires The Acting Attorney General Of The United States

    WASHINGTON ― President Donald Trump fired acting Attorney General Sally Yates on Monday night, hours after she said the Justice Department would not defend Trump’s executive order on immigration .

    White House spokesman Sean Spicer said that Yates had been relieved of her duties. Dana Boente, U.S. attorney for the Eastern District of Virginia, was named as acting attorney general.

    Spicer’s statement said Yates had “betrayed the Department of Justice” by refusing to defend Trump’s order. The statement added that Yates, a career prosecutor whom Trump named as acting attorney general, is “weak on borders and very weak on illegal immigration.”

    Ryan J. Reilly / The Huffington Post

    Yates’ office on Monday evening.

    Boente will serve until Sen. Jeff Sessions (R-Ala.) is confirmed as attorney general.

    The stunning move was reminiscent of President Richard Nixon’s “Saturday Night Massacre” in 1973, when his attorney general and deputy attorney general resigned in protest after he ordered them to dismiss Archibald Cox, the special prosecutor in the Watergate case.

    Earlier Monday, Yates wrote a letter stating she could not enforce Trump’s executive order banning refugees and immigrants from seven predominantly Muslim nations and instructing Justice Department lawyers not to defend the order.

    “At present, I am not convinced that the defense of the executive order is consistent with these responsibilities nor am I convinced that the executive order is lawful,” she wrote.

    Trump responded in a tweet, calling Yates “an Obama A.G.,” even though she agreed to serve as acting attorney general under Trump, and criticized Democrats for “delaying” the confirmation of Sessions.

    The Democrats are delaying my cabinet picks for purely political reasons. They have nothing going but to obstruct. Now have an Obama A.G.

    Yates was nominated to serve as deputy attorney general by former President Barack Obama, and was confirmed to that position in May 2015. Trump’s administration made the decision to appoint Yates as acting attorney general as well as to allow top federal prosecutors around the country who had been appointed by Obama to continue serving.

    Not long after the White House’s announcement, there was a flurry of activity on the fourth floor of the Justice Department building, located near the Trump International Hotel on Pennsylvania Avenue. Yates, accompanied by a significant security detail including members of the U.S. Marshals Service, was packing up her office into the evening. She declined an interview request that was relayed through one of the individuals in her entourage. Later, as a cart topped with boxes and bags was wheeled out of her office, an officer asked, then told, a Huffington Post reporter to leave the area.

    Around 11 p.m. Yates quietly left the building.

    A DOJ spokesman said the new acting attorney general was sworn in at Justice Department headquarters at around 11 p.m.

    Ryan J. Reilly/HuffPost

    Sally Yates left the Department of Justice late Monday night.

    Read the White House’s full statement excoriating Yates and announcing Boente’s appointment:

    The acting Attorney General, Sally Yates, has betrayed the Department of Justice by refusing to enforce a legal order designed to protect the citizens of the United States. This order was approved as to form and legality by the Department of Justice Office of Legal Counsel.

    Ms. Yates is an Obama Administration appointee who is weak on borders and very weak on illegal immigration.

    It is time to get serious about protecting our country. Calling for tougher vetting for individuals travelling from seven dangerous places is not extreme. It is reasonable and necessary to protect our country.

    Tonight, President Trump relieved Ms. Yates of her duties and subsequently named Dana Boente, U.S. Attorney for the Eastern District of Virginia, to serve as Acting Attorney General until Senator Jeff Sessions is finally confirmed by the Senate, where he is being wrongly held up by Democrat senators for strictly political reasons.

    “I am honored to serve President Trump in this role until Senator Sessions is confirmed. I will defend and enforce the laws of our country to ensure that our people and our nation are protected,” said Dana Boente, Acting Attorney General.

    Late Monday, Boente issued a statement to his staff:

    On January 30, 2017, Acting Attorney General Sally Q. Yates issued a memorandum barring Department of Justice Attorney’s from presenting arguments in defense of the President’s January 27, 2017, Executive Order entitled “Protecting the Nation from Foreign Terrorist Entry Into the United States.” At approximately 9:00 p.m. I was asked by the President to serve in the capacity of Acting Attorney General. After having dedicated the last thirty-three years of my life to this Department, I am humbled and incredibly honored to serve as Acting Attorney General. Based upon the Office of Legal Counsel’s analysis, which found the Executive Order both lawful on its face and properly drafted, I hereby rescind former Acting Attorney General Sally Q. Yates January 30, 2017, guidance and direct the men and women of the Department of Justice to do our sworn duty and to defend the lawful orders of our President.

    CORRECTION: A previous version of this entry stated that former President Richard Nixon fired his attorney general and deputy attorney general. They resigned in protest.

    Do you have information you want to share with HuffPost? Here’s how.


    Compare us to PODS – storage services – United and Mayflower Containers #compare #to #united


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    Compare our storage containers to PODS and other competitors

    United and Mayflower Container Services is not sponsored by, or affiliated with any of the companies referenced in this chart. No competitor authorized this comparison and it is based on information published on the competitor’s public website as of 9/28/11.

    PODS and United and Mayflower’s Interior

    United and Mayflower Container Services – A difference you can appreciate

    United and Mayflower portable moving and storage containers were designed to the specifications of the moving professionals at United Van Lines and Mayflower Transit to benefit you, the consumer.

    Delivered to your location – Your United or Mayflower container is delivered to your house or business. You specify the date and time and we’ll arrange to get it there. You don’t even have to be present. It’s that easy.

    Smooth interior walls – Every United and Mayflower container features smooth walls to make loading your belongings much easier.

    Translucent roof – United and Mayflower portable moving and storage containers were designed to the specifications of the moving professionals at United Van Lines and Mayflower Transit to benefit you, the consumer. Our translucent roof material maximizes the amount of natural light in the container, an important feature when loading or accessing your belongings in the container outdoors without artificial lighting. One of the most preferred features is our translucent roof!

    Flush-mounted tie-down rings – Every United and Mayflower container features strategically positioned flush-mounted tie-down rings throughout the container for an extra measure of stability when loading and tying-down your goods. The flush-mounted feature allows you to position your furniture and boxes so your moving container is unobstructed for continued easy loading.

    Online pricing – You can easily determine the costs to rent a United and Mayflower moving container for a local rental, a long-distance move or for storage. And, you don’t have to provide any of the personal information required by PODS or Pack Rat to obtain a storage rate.

    No hidden fees – When shopping for portable containers, make sure you are getting the complete picture! We confidently display the total comprehensive price for container rentals for both storage and moving while competitors such as PODS and Pack Rat require you to either call for rates or show only part of the cost you will need to pay unless you click on additional sections to add services to the total price. Compare United and Mayflower to PODS rates.

    Manage your services online – It’s easy to manage your storage container rental online. Just login to edit your event dates, review your billing, view your agreements or use one of our moving resource tools.

    16-foot containers – When comparing our prices with others, make sure the comparison is for a similarly sized container. For example, when looking at competitors such as U-Pack . be sure to note the length of their container which is less than half the size of one of our 16′ containers.

    Online space calculator – Planning a rental for your moving or storage needs is simple with United and Mayflower Container Services’ online space calculator. The calculator helps you determine how many containers are recommended for your moving or storage needs.

    One call – It’s simple to arrange all of your moving or storage needs from United and Mayflower Container Services. In one simple phone call you can rent your container, book professional packing and loading services and buy packing supplies. No transferring, no other connections, just one call. You can’t receive this level of service from PODS or Pack Rat .

    Over 150 years of experience – United and Mayflower are more than just a company offering moving and storage container services. We can arrange services from DIY to full-service moving and storage, in addition to container rentals. We bring a combined 150 years of experience and can help make your moving and storage experience with us stress-free, because our team is made up of professional, trusted storage and moving experts and we are available seven days a week to help with any questions you may have about renting portable storage and moving containers.

    PODS is a registered trademark for PODS Enterprises, Inc. PACK RAT is a registered trademark for Pack-Rat Portable Mini Storage LLC. ABF and U-PACK are registered trademarks for ABF Freight Systems, Inc. United Van Lines and Mayflower Transit are not sponsored by or affiliated with any of these competitors.


    Latest Mortgage Underwriter jobs – JobisJob United Kingdom Mobile #stated #income #mortgage


    #mortgage underwriter jobs

    #

    Mortgage Underwriter Stellar Select Limited – Uxbridge Mortgage Underwriter required for a growing mortgage lending processing division. You will be responsible for processing and underwriting residential and buy to let mortgage applications in accordance.

    Mortgage Underwriter Morgan Parkes Recruitment – Solihull, West Midlands Due to continued success and business growth, an exciting opportunity has arisen for an experienced Mortgage Underwriter for one of our clients based in Solihull. This position is based in a rapidly expanding. 2 days ago

    Mortgage Underwriter Coventry Building Society – Coventry, West Midlands Coventry Building Society is the UK’s 3rd largest Building Society and one of the top ten mortgage providers, we are growing fast! Having developed a strong reputation for product innovation and commitment. 4 days ago

    Mortgage Underwriter / Broker – Southend James Phillip Financial Recruitment – Southend-on-Sea, Essex My client a successful financial brokerage for specialist products that include second mortgages, bridging and commercial loans. It has a full market panel of national lenders and is fully approved and. 2 days ago

    Mortgage Underwriter SELECTIVE RECRUITMENT LIMITED – Leatherhead, South East The creation of a further Mortgage Underwriter position together with the appropriate Case Managers provides genuine proof of the consistent success of this underwriting team in a progressive specialist. 6 days ago

    Loans and Mortgage Underwriter Fame Recruitment Consultants – South East This is an excellent opportunity to join a high end and upmarket Financial Services company and develop a long term and successful career. The successful candidate will benefit from working within a friendly. 4 days ago

    Mortgage Underwriter Accountancy Divisions Limited – Edgware, Middlesex An exciting opportunity has become available working as a mortgage underwriter for a leading specialist loans provider. The vacancy has become available due to the firm going through a period of expansion. 24 days ago

    Mortgage Underwriter NRG – Durham, North East You’ll be responsible for reviewing and underwriting residential and buy to let mortgage applications, further advances and loan modifications in line with lending criteria, procedures and controls. The. 10 days ago

    Buy To Let Mortgage Underwriter City Elite Recruitment Ltd – Kings Hill, Kent To provide support to the Head of Specialist Underwriting for Keystone brand; managing files accurately within prescribed timescales, focusing on achieving excellent customer service at all times. Responsibilities. 4 days ago

    Mortgage Underwriter GOLD PERSONNEL – Solihull, West Midlands You will have a proven ability to assess and apply sound risk assessment to each stage of the application process, understand the criteria and the ability to apply credit policy and lending guidelines. 11 days ago

    Mortgage Underwriter Adecco – Kent, South East England Are you methodical, logical and financially minded? Do you have experience in underwriting? Do you have the ability to learn processes quickly? Are you ready for your next challenge? Having passed your. 9 days ago

    Receive the latest jobs by email


    Student fascinated by firearms wounds four in French school shooting #france,united #states,achraf,benoit #hamon,christian #estrosi,fabienne #atzori,jean,rene


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    Student fascinated by firearms wounds four in French school shooting

    People embrace near the Tocqueville high school after a shooting has taken place in Grasse, southern France, March 16, 2017. Eric Gaillard

    GRASSE, France (Reuters) – A teenager opened fire at his high school in southeastern France on Thursday, wounding up to four people, in an attack apparently inspired by videos of U.S. mass shootings such as Columbine, officials said.

    The incident in Grasse, which does not appear to be linked to militancy, comes with France on high alert after more than 230 people were killed in the past two years by attackers allied to Islamic State.

    “It was total panic,” Achraf, a student in the school, said on BFM TV. “The gunshots were at 4 to 5 meters from where we were. We thought the gunman was coming toward us. We heard him shouting.”

    France’s Education Minister Najat Vallaud-Belkacem visited the scene in Grasse, a town known for its perfume industry, and said the attack appeared to be “a crazy act by a fragile young man fascinated by firearms”.

    “His motivations seem to be linked to bad relations he had with other students in school,” Grasse prosecutor Fabienne Atzori told reporters.

    With a presidential election less than six weeks away, the attack by a 16-year-old armed with a shotgun loaded with lead pellets looked likely to further stoke France’s debate on security.

    Separately in Paris, an employee of the International Monetary Fund (IMF) was injured in the face and arms when a letter bomb posted to the world lender’s local office blew up as she opened it, police said.

    Related Coverage

    French high school shooter was fascinated with Columbine massacre

    Atzori said 10 people had been hurt in the school attack, either physically or emotionally. One person was shot in the stomach and the headmaster was injured in the shoulder after trying to stop the gunman.

    The youth, who was also carrying munitions, handguns, a grenade and what seemed to be a homemade explosive device, put up no resistance when he was arrested at the school, she said.

    The youth was not known to police and checks were being made to establish whether there were any accomplices and how he had acquired his weapons.

    Members of special Police units RAID outside the Tocqueville high school after a shooting in Grasse, southern France, March 16, 2017. Eric Gaillard

    “The first investigations suggest he had consulted videos of mass killings in America,” an interior ministry spokesman said.

    Gun Laws

    France has some of the strictest gun laws in the world. French citizens are banned from owning automatic weapons, while many other guns require government authorization and a medical exam, along with a permit from a hunting or sport shooting federation.

    “This is reminiscent of the Columbine tragedy in the U.S.,” Socialist presidential candidate Benoit Hamon told reporters, referring to the 1999 incident in which two students fatally shot a teacher and 12 classmates before killing themselves.

    Slideshow (8 Images)

    Images of what appeared to be the Grasse attacker’s Facebook and YouTube pages showed a fascination with Columbine and violent images, as well as with instructions for homemade weapons.

    Local emergency services used Twitter to advise residents of the town of about 50,000 inhabitants to stay at home after the shooting began around 1 p.m. (1200 GMT).

    Witnesses interviewed by local television described a scene of panic as the gunman entered the canteen, with students rushing to hide under tables or sprinting for the exit.

    “I just know the gunman by sight. He was gentle and low-key key, not a nasty guy,” student Achraf added. BFM TV did not give his family name.

    Atzori said the teenager, who fired two or three times, had initially entered a classroom looking for someone in particular.

    After he had left, pupils alerted the headmaster to his presence. The headmaster, who did not appear to be the target, was shot trying to calm the assailant down.

    “He’s a normal boy. There were no signs. He is a bit reserved and doesn’t make waves,” Jean-Rene Laget, a local resident who knows the student’s father, told Reuters. “His father never said he had problems with him.”

    Reporting by Sophie Louet, Marine Pennetier, John Irish, Sudip Kar-Gupta, Brian Love and Geert De Clercq; Writing by John Irish; Editing by Tom Heneghan

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    United States Prime Rate #home #loans #calculator


    #prime mortgage rate

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    Prime Rate

    The Current United States Prime Rate is: 3.5 %

    July 27, 2016: The FOMC has voted to keep the
    target range for the fed funds rate at 0.25% – 0.5%.
    Therefore, the United States Prime Rate remains at 3.5%
    The next FOMC meeting and decision on short-term rates
    will be on September 21 ST. 2016.

    The U.S. Prime Rate is a commonly used, short-term interest rate in the banking system of the United States. All types of American lending institutions (traditional banks, credit unions, thrifts, etc.) use the U.S. Prime Rate as an index or foundation rate for pricing various short- and medium-term loan products. The Prime Rate is consistent because banks want to offer businesses and consumers loan products that are both profitable and competitive. A consistent U.S. Prime Rate also makes it easier and more efficient for individuals and businesses to compare similar loan products offered by competing banks.

    Each U.S. state does not have its own individual Prime Rate, so the New York Prime Rate or the California Prime Rate are in fact the same as the United States Prime Rate.

    When the 4 largest bank holding companies in the United States (by assets) change their Prime Rate, this website, www.FedPrimeRate.com. will update its published U.S. Prime Rate. Currently, these four banks are:

    1. JPMorgan Chase Co.

  • Bank of America Corp.

    Providers of consumer and commercial loan products often use the U.S. Prime Interest Rate as their base lending rate, then add a margin (profit) based primarily on the amount of risk associated with a loan. Moreover, some financial institutions use Prime as an index for pricing certain time-deposit products like variable-rate Certificates of Deposit.

    It’s important to note that the Prime Rate is an index, not a law. Consumers and business owners can sometimes find a loan or credit card with an interest rate that is below the current Prime Lending Rate. Lenders will sometimes offer below-Prime-Rate loans to highly qualified customers as a way of generating business. Furthermore, below-Prime-Rate loans are relatively common when the loan product in question is secured, as is the case with home equity loans, home equity lines of credit and car loans.

    Every U.S. bank sets its own Prime Rate. However, the Prime Rate is invariably tied to America’s cardinal, benchmark interest rate: the Federal Funds Target Rate (or Fed Funds Target Rate [FFTR].) The FFTR is set by a committee within the Federal Reserve system called The Federal Open Market Committee (FOMC ). The FOMC usually meets every six weeks, and it is at these meetings that the FOMC votes on whether or not to make changes to the FFTR. When the FFTR changes, the United States (Fed) Prime Rate will also change. If the FOMC votes to make no changes to the FFTR, then the U.S. Prime Rate will also remain unchanged.

    Since the second quarter of 1994, a rule of thumb for the U.S. Prime Rate has been:

    The FOMC’s primary objectives are to keep inflation under control and maintain steady economic growth with maximum sustainable employment within the United States.

    The U.S. Prime Interest Rate is used by many banks to set rates on many consumer loan products, such as student loans, home equity lines of credit, car loans and credit cards. If you read or hear about a change to the U.S. Prime Rate, then any loan product that is tied to the Prime Rate will also change, like variable-rate credit cards or certain adjustable-rate mortgages.

    The Current Fed Prime Rate is: 3.5 %

    (the last rate change — an increase of 25 basis points
    [0.25 percentage point] — occurred on December 17, 2015)