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Max Armstrong's Daily Updates

MORNING Midwest Digest, March 6, 2020

Max Armstrong talks about mortgage rates, coronavirus impact on treasury bonds, feral hogs and more.

How many of you remember having a home mortgage rate with a double-digit rate of interest? Ours was 12.5%. Yesterday, the average fixed interest rate on 30-year home mortgage fell to 3.2% yesterday, the lowest in new 50 years Freddie Mac has been tracking it.

As fears grow about coronavirus outbreak, investors rush to safe haven investments. That has pushed yield down on 10-year and 30-year treasury bonds to record lows.

They start the going out of business sales today at 175 Art Van company stores across 9 states. Twenty franchise stores will stay open for business. It was 1959 when Art Van got its start in Warren, Michigan.

Have you had a problem with feral hogs yet? They've spread across the lower 48 and even into Canada. For years, Missouri conservation officials have said closing public lands to federal hog hunting allows for trapping the animals into extinction. Well a state representative in Missouri doesn't agreed with that. He says population is exploding with hunting banned.

It's Employee Appreciation Day created 25 years ago, a day when bosses can thank employees for hard work throughout the year.

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