By Ann Brown
Listen to GHOGH with Jamarlin Martin | Episode 29: Alfred Liggins
Jamarlin talks to Alfred Liggins, CEO of Urban One (NASDAQ: UONEK) about why he never merged with BET and whether going public inspired the Fox series “Empire”. They discuss the Democratic Party neglecting Black media when it comes to campaign ad spending, and the disconnect between Black CEOs and Obama. They also examine the need for more Facebook regulation, and what really happened with Roland Martin at TV One.
With mortgage rates rapidly approaching 5 percent — the highest level in more than seven years — it’s going to be a lot tougher and more expensive soon to buy a house.
More people will be hesitant to buy a home, and this, in turn, will be a blow to the already slumping housing market, according to a Wall Street Journal report.
Buying a home at this rate will be out of reach for many.
The average rate for a 30-year, fixed-rate mortgage rose to 4.9 percent according to mortgage-finance giant Freddie Mac.
“For a house with a $250,000 mortgage, rates of 5% add about $150 to the monthly payments compared with the rate of 4% that borrowers Click here to read entire article