September 2012

It has been a tough couple of years for the American housing market, and we’re finally beginning to see the light at the end of the tunnel. It seems that more and more families are becoming optimistic about their financial futures, leading to an increase in the number of mortgage applications that have been filed recently.

According to Fox Business, last week saw a 2.6% rise in the number of mortgage applications that Americans filed. Mortgage rates continued to decline as well, encouraging families to take the step forward and submit their applications to obtain a home loan.

Workplace injuries are serious occurrences, as they not only affect the employee but also potentially create complications for the employer. A recent study delves into the issue of workplace injuries, and has discovered some interesting facts – specifically that they are less likely in workplaces where paid sick leave is provided.

Groupon is the premier daily deal provider in the United States. Offering coupons to internet users, the service helps millions of Americans save money every year. Now, the company is taking the next step forward by launching its own credit card service.
 
According to Reuters, Groupon Payments will gives restaurants, bars and retail shops that offer Groupon deals to accept credit card payments at lower rates than most providers. MasterCard and Discover Cards will be charged 1.8% plus a $.15 swipe fee. American Express cards will be charged 3% plus the same $.15 fee.

Nowadays, young people across the country seem to have different priorities. Years ago, owning a car was a sign of prosperity and success, but it seems that things have changed. According to a new report by CNN Money (http://money.cnn.com/2012/09/17/news/economy/young-buying-cars/index.html), the past five years have seen 30% less Americans aged 18 – 24 buying cars.