Author: Edgepage

As parents continue to feel pressures on their household budgets, increasingly skipping specialty clothing stores in favor of one-stop shopping at big-box giants like Target and Walmart, another children’s apparel retailer is closing stores.  Industry data confirms this shift, revealing that mass merchants now capture 80% of planned spending in the back-to-school category, according to

According to rates from the Zillow lender marketplace, fixed mortgage rates are higher than last week. The current 30-year fixed rate rose 18 basis points to 6.55%, the 15-year fixed rate increased by 3 basis points to 5.91%, and the 5/1 ARM fell 48 basis points to 6.26%. Read more: Weekly survey of mortgage lenders