Interest rates are rising. What does that mean for for you as a consumer? If you’ve ever taken out a loan to buy or refinance a loan or buy a car, you know that you pay interest on the loan. The interest rate is the percentage of the loan that is charged to you, the borrower. When interest rates rise, the consumer pays more in interest, resulting in less disposable income. A rise in the Federal Reserve’s prime interest rate - what it charges lending institutions - doesn’t necessarily affect all loans, however. According to Bankrate, interest rates on home equity lines of credit go into effect first, followed by student loan and credit card interest rates. Mortgages and auto loans are affected more by interest rates in the bond market, so a mortgage rate may be affected by Treasury Notes. When interest rates rise, fewer people buy homes or refinance their homes. Those who took out an ARM (adjustable-rate mortgage) when the interest rates were low, will see an … [Read more...] about Interest rates and what they mean to you
What does mean
France is currently embroiled in a series of travel strikes that threaten to bring the country to its knees. Emmanuel Macron's government is facing a "spring of discontent" 50 years on from the famous protests of May 1968, as parallel disputes involving the country's key transport players conspire to create nightmarish conditions. An effigy of the young president, in power for less than a year, has already been set ablaze in Nantes at a time when Mr Macron is preoccupied with events in Syria. His approval rating has meanwhile dropped from 57 per cent to 40 per cent since his inauguration. Read more French strikes: Air France and SNCF are pitched against liberté Just 11 per cent of France's workforce is unionised, among the lowest in the EU, but its trade bodies retain powerful voices and are not afraid to risk public ire to defend their rights. Why are French railway workers on strike? The country's railway workers are engaged in industrial action over … [Read more...] about Why is France’s transport network mired in strikes and what does it mean for British travellers?
THE Rapture is an event that has been long, and frequently predicted. Here's all you need to know about the potential end of the world. What is the Rapture? The Rapture is a term frequently used by Christians to describe "The End Times". This is purportedly a time when the world will come to an end and all the souls of believers will be "raptured" up to Heaven. Thought it is not an accepted event in all denominations it is particularly common among some evangelical sects. What does The Bible say about The Rapture? The word rapture does not appear in the Bible, but it is a term frequently used in when referring to the Second Coming of Jesus. The meaning of rapture is the idea that the coming of Jesus will take place in two stages. The first will be a secret rapture where the saved will be carried to heaven at the beginning of a seven-year period of tribulation, during which the antichrist will appear. The second occurs at the end of this period when it is said Jesus will return to Earth … [Read more...] about What is the Rapture, what does it mean in the bible and will the world end on April 23?
THERE are 12 star signs which relate to the day we were born with most people knowing theirs off by heart. Also called our horoscope or zodiac, there are Aries, Taurus, Gemini, Cancer, Leo, Virgo, Libra, Scorpio, Sagittarius, Capricorn, Aquarius and Pisces. What are the Virgo horoscope dates? Anyone who’s born between August 23 and September 22 is a Virgo. The exact dates can shift by a day or two depending on the year, but there are generally agreed dates which is commonly used throughout the Western world. What does the star sign mean? Virgo’s symbol is the virgin, and their strengths are said to be loyalty and kindness, while they’re practical and hardworking. Virgo’s are also said to be attractive, smart and sophisticated. They hate to be let down, and are great at forward planning with a good level of control. But while they may seem shy at first, they have a rich inner life and make great friends who will be there for life. Their element is Earth and … [Read more...] about What are the Virgo horoscope dates, what does the star sign mean and who are they compatible with?
THE end is nigh, if some conspiracy theorists are to be believed. They clam that a mysterious planet known as Nibiru, or Planet X, is due to pass close to Earth - and it will bring all sorts of drama with it. Here's what the theory is all about... Is Nibiru home to aliens? Linguist Zecharia Sitchin's controversial 1976 book Twelfth Planet claims that Nibiru is inhabited by an alien race called the Anunnaki, who are referred to in the Bible as the Nephilim. He argued that ancient texts claimed that these mysterious space travellers had come to Earth looking for gold and other minerals. Controversially, he also writes that the Anunnaki were unwilling to do the hard work themselves, so create a new slave race by blending their DNA with humans'. His work forms the basis of many 'ancient astronaut' theories, that claim aliens visited the Earth and changed the path of human history - least of all by building the pyramids. Sitchin also claimed that Nibiru has an elongated orbit around the … [Read more...] about Is Planet X real, what does Nibiru mean, when was the world supposed to end and what is the SpaceX conspiracy theory?