Mortgage Rates Hit 19-Month Low, 30-Year at 3.89%

The video discusses various economic topics, starting with the low average rate for a fixed 30-year loan, which hasn't been this low since May 2013, and its potential impact on the housing market. It then shifts to Sears' financial struggles, highlighting its tenth consecutive quarterly loss and CEO Eddie Lampert's strategy of selling and spinning off assets. The focus then moves to Barnes & Noble's decision to buy back Microsoft's stake in its Nook business, which has been underperforming. Finally, a study by Oliver Wyman is mentioned, showing that Russian banks outperform U.S. banks in promoting women to executive positions.

What is the current average rate for a fixed 30-year loan?

• 3.9%

• 4.5%

• 3.5%

• 5.0%

How many consecutive quarterly losses has Sears experienced?

• Ten

• Eight

• Five

• Twelve

What action did Barnes and Noble take regarding its Nook business?

• Sold it to Amazon

• Merged it with another company

• Closed it down

• Bought back Microsoft's stake

Which consulting firm conducted the study on women in financial firms?

• Boston Consulting Group

• McKinsey & Company

• Oliver Wyman

• Deloitte

Which country is NOT mentioned as having better promotion of women in financial firms compared to the U.S.?

• Germany

• Norway

• Russia

• Sweden