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Mortgage Rates Drop Again to 6.20 Percent, At 2-Year Low After Fed’s Strong Move
Mortgage rates declined once more this past week, as the 30-year fixed rate dipped to 6.20 percent, based on Bankrate’s most recent survey of lenders.
This key mortgage figure hasn’t been this low since September 2022, and experts predict the downward movement may persist.
During its meeting this past week, the Federal Reserve revealed a rate cut that exceeded expectations, marking its first reduction since the pandemic.
“It was a coin flip on whether it was going to be 25 or 50 basis points,” said Bill Banfield, chief business officer at Rocket Companies. “They gave us a little extra.”
{Matzav.com}
Your Gift of Love Shows Our War Almanos and Yesomim That We Care and We Won’t Leave Them Alone
Obama Raising Money for Harris
Former president Barack Obama headlined his first solo fundraiser for Kamala Harris in Los Angeles on Friday night, bringing in $4 million for her campaign as he framed the election as a struggle against radical forces in America that want to take the country backward.
The event was part of the increasingly active role that Obama is playing in Harris’s effort as he wields his popularity within the Democratic Party to power grassroots fundraising and to galvanize younger voters to turn out in what could be a margin-of-error race.
The Harris campaign recently featured clips from his Democratic National Convention speech mocking Donald Trump’s “weird obsession with crowd sizes” in one of its ads to needle the Republican nominee just before his debate with Harris.
So far this presidential campaign cycle, the events where Obama has been featured and the grassroots fundraising appeals that he has signed have generated at least $76 million, according to his office.
In the short time that she has been in the presidential race, Harris has opened a wide cash advantage over Trump. Friday night, reports filed with the Federal Election Commission showed that she raised more than four times as much as Trump did in August.
The private event Friday night was held at the Los Angeles home of James Costos, who served as the U.S. ambassador to Spain and Andorra under Obama, and his partner, Michael S. Smith, who was White House decorator when Obama was president.
Before a gathering of more than 65 people, Obama argued that the nation and the world are at “a crossroads” where demographic changes, globalization and the information revolution have “disrupted the old order” and made “us vulnerable to the appeals of fear and anger and tribe,” according to excerpts of his remarks provided by his office.
Obama described Harris’s campaign as an effort to guard against those destructive forces and usher in a future that would create an economy “where everybody has enough” and Americans don’t see the changes occurring in society as a zero-sum game where “if somebody gains, somebody must lose.”
“That’s what my election was about back in 2008 … and we’ve now gone through 16 years of continuing struggle to move in a direction in which it’s not radical,” Obama said.
He told attendees that Harris, who has been a friend for two decades, “can make us proud on the world stage about what America stands for, as opposed to embarrassing us.”
“We’re still going to have free markets and we’re still going to have our liberties, and Americans are still going to be doing the weird things that we do. But we can make sure that it’s a little bit gentler, a little bit kinder, a little bit more generous, a little bit less unequal, a little bit more inclusive.”
Obama and Harris met when he was running for Senate in Illinois. She became one of the earliest supporters of his 2008 bid for president – traveling to Iowa to knock doors for him at a moment when many of the Democratic Party’s power brokers had lined up behind Hillary Clinton.
Obama served as a sounding board for Harris when she became vice president. He also actively raised money for President Joe Biden, his former vice president, when he was still in the race. That included a star-studded Los Angeles fundraiser with George Clooney and Julia Roberts in June and a New York fundraiser with Biden and former president Bill Clinton in March.
After Biden’s faltering debate performance against Trump, Obama told allies that Biden’s path to victory had diminished and that he needed to seriously consider the viability of his candidacy – creating some resentment among Biden loyalists.
Harris and Obama have been in especially close touch over the past two months as she was elevated to the top of the ticket after Biden withdrew from the race. The former president has offered to help with strategic advice, fundraising and get-out-the-vote efforts, including a major push with creators on social media this week for National Voter Registration Day. Several of the top advisers on his presidential campaigns are now involved with Harris’s campaign.
Both leaders have faced similar attacks from Trump and the conservative right on their mixed-race heritage. For years, Trump falsely claimed that Obama wasn’t born in the United States as he questioned the former president’s qualifications for the office.
After Harris became Biden’s running mate in 2020, Trump tried similar tactics by falsely claiming that there were questions about her eligibility as she was poised to become the first Black and Asian American vice president.
When Trump baselessly questioned the racial identity of Harris – the daughter of an Indian mother and Jamaican father – during a forum hosted by the National Association of Black Journalists, Harris rebuffed his assertion that she “happened to turn Black” by alluding to his many years perpetuating the “birther” movement’s lies about Obama. “Same old tired playbook,” she said during a CNN interview. “Next question, please.”
Attendees of Obama’s fundraiser for Harris in Los Angeles included Netflix co-CEO Ted Sarandos and his wife, Nicole Avant, a producer and author who served as the U.S. ambassador to the Bahamas during Obama’s administration. Others who attended included actress Jennifer Coolidge and comedian Conan O’Brien.
The former president said Friday that he wished he had a four- or five-point plan to win the election, but “truthfully, the plan is we’re going to push through it.”
“If we win – when we win – it won’t solve all the crazy that’s out there,” he said. “But each time we win, it’s solidifying this new future. It is ushering in these new possibilities. Eventually, that will become the new normal and the new reality.”
(c) Washington Post
IS SINWAR DEAD? IDF Probing If Hamas Leader Was Eliminated In Recent Airstrikes
IDF Intercepts UAV Launched from Iraq After Entering Israeli Airspace
Comatose Terrorist Treated by Israeli Hospital for Past 7 Months
One of the terrorists who murdered Matan Elmaleh, 26, from Ma’ale Adumim, and wounded six others in February, has been lying in a vegetative state in Hadassah Ein Kerem Hospital in Yerushalayim ever since.
The hospital, frustrated that the terrorist has taken up a valuable bed for the past seven months, wants him gone, noting there is no reason he can’t be treated elsewhere, including by his family.
The police, expending resources to guard him, also wants to be free of the responsibility. The police turned to the military court, asking that the comatose terrorist be removed from the hospital.
The military court agreed to the request, but set a condition that the terrorist’s family pay 20,000 shekels ($5,300). However, the family isn’t paying, as it’s comfortable with having him cared for at the hospital, Channel 13 reported.
“The military court determined that due to the terrorist’s medical condition, he can be released from custody under restrictive conditions, which include a financial deposit. Since his family did not meet the conditions set forth, the terrorist remains in the hospital in a detainee status—and accordingly, the police continue to guard him,” the police said.
There is also a dispute between the police and Shin Bet (Israeli Security Agency) over which branch has responsibility for the terrorist.
Three terrorists carried out the attack on Feb. 22 on the Route 1 highway near Ma’ale Adumim, 4.3 miles east of Yerushalayim in Yehuda.
The Shin Bet identified them as Mohamed Zawahra, 26, from Ta’amra, his brother, Kathem Zawahra, 31, from Bet Lechem and Ahmed al-Wash, 31, a resident of Za’atara.
Police said the terrorists were armed with assault rifles and a grenade.
The terrorists arrived in two cars and parked a distance of one kilometer (0.6 miles) from each other in the middle of the highway, creating a traffic jam. They exited their cars and began firing at the blocked vehicles.
One Israeli who assisted in killing the terrorist, Hanania Ben Shimon, was an IDF reservist who had just been released from service in the Gaza Strip a week and a half prior.
Waiting in a car with his mother on the way to his job as a tour guard, he leapt out of his vehicle and engaged one of the terrorists at point-blank range, killing him. Ben Shimon was wounded in the exchange of gunfire.
Two of the terrorists were killed by Israeli security forces and armed civilians.
(JNS)
21 Wounded After Russia Strikes Apartment Buildings In Ukrainian City Of Kharkiv
CLOWN SHOW: Biden Snaps At Staffers During Summit After Forgetting Speaker Was Indian Prime Minister: ‘Who Am I Introducing Next?’
A disoriented President Biden stumbled and scolded his aides after losing track of which world leader he was supposed to introduce during a press event at the Quad summit on Saturday.
The 81-year-old president was expected to bring India’s Prime Minister Narendra Modi to the podium, but appeared confused about which of the three visiting leaders he was supposed to call on.
“Thank you all for being here and now, uhh, who am I introducing next? Who’s next?” Biden shouted after finishing his speech.
A voice then announced that Modi — leader of the world’s largest democracy — was up next, and shortly afterward, Modi came forward and shook hands with Biden.
The president has been hosting the Quad allies at his residence in Wilmington, Delaware, for a brief, two-day summit, as these foreign leaders visit the US for the United Nations General Assembly.
The Quad — an alliance aimed at countering China’s influence — is made up of the US, Japan, India, and Australia.
“By the way, he’s from a small country like ours. A small population like ours,” Biden quipped while hugging Modi, 74. “He’s become a good and decent man. A good friend.”
India, with roughly 1.4 billion people, is the world’s most populous country, while the US ranks third, with a population of 333 million.
Earlier in his remarks, Biden introduced a global extension of his Cancer Moonshot initiative and spoke about the death of his son, Beau, who passed away from brain cancer in 2015.
This new initiative involves a partnership between the four nations and aims to decrease cancer-related deaths.
“I’m proud to announce that our four countries, the leaders behind me, and many organizations here today are committing over $150 million for HPV, HPV screening, and therapeutics,” Biden stated.
“Next year, doctors and nurses in the US Navy will start a program to train Indo-Pacific counterparts in cervical cancer screening and vaccination, so we can reach every woman in the region — and it matters folks.”
Throughout his time in office, Biden has faced criticism over similar incidents of confusion or memory lapses during significant public events.
Last year, for instance, Biden accidentally walked into a large flag at the United Nations and appeared to ignore Brazilian President Luiz Inácio Lula da Silva by leaving the stage without shaking his hand.
At 81, Biden holds the distinction of being the oldest president in American history, though Donald Trump could surpass that record if he wins the Nov. 5 election and serves a full second term.
Amid concerns over Biden’s mental sharpness, some Democrats have pushed back, urging him to withdraw from the 2024 presidential race, which has left him seen as a lame-duck president.
During a Cabinet meeting on Friday, first lady Jill Biden raised eyebrows by speaking on her husband’s behalf for much of the meeting, and she later hosted an event in the Rose Garden without him.
This weekend’s gathering may be Biden’s final summit with the Quad Alliance leaders before leaving the White House. The president had tried to personalize the two-day event in an effort to further solidify his bond with these key partners.
“Our countries are more strategically aligned than ever before,” Biden said at the summit. “While challenges will come, the world will change, because the Quad is here to stay.”
Later this week, Biden is expected to meet with Ukrainian President Volodymyr Zelensky, marking Zelensky’s fifth public visit to the US since Russia’s invasion in February 2022.
Zelensky plans to discuss a “Plan for Victory” with Biden and will also meet with Vice President Kamala Harris, as well as former President Trump. His visit includes a speech before the UN General Assembly’s 79th session in New York City.
On Tuesday, Biden is scheduled to deliver a speech at the UN and will have meetings with other world leaders throughout the week.
Following the Nov. 5 election, Biden is anticipated to attend his final Asia-Pacific Economic Cooperation (APEC) meeting in Peru and his last G20 summit, which will take place in Brazil.
{Matzav.com}
Hatzolah of Central Jersey Participates in MCI Drill Simulating Car Crash at Food Festival [PHOTOS]
Report: Hezbollah Pagers Were Detonated Individually; Attackers Knew Who and Where the Target Was
Reports indicate that each explosion of pagers detonated in Lebanon on Tuesday, injuring numerous Hezbollah operatives, was deliberately triggered, with the attackers aware of their specific targets, their locations, and the presence of others nearby, according to Israel’s Channel 12.
The channel’s extensive coverage cites Israeli and international sources, stating that the attackers were meticulous in ensuring that only the pager’s owner would be harmed. An unnamed foreign security official remarked, “Each pager had its own arrangements. That’s how it was possible to control who was hit and who wasn’t.”
The report details that the assailants knew the individuals accompanying the targets to prevent civilian injuries, referencing footage where a man appeared to be killed by his pager next to a produce stand. “They knew who he was with and where he was, so that the vegetable seller in the supermarket would not be hurt” when the pager went off.
Channel 12 adds several fresh insights about the unprecedented incident, which Hezbollah has attributed to Israel, although the latter has not officially confirmed its involvement. An unnamed foreign security source claimed that “tens of thousands of pagers” were manufactured, designed to function normally so that users would not suspect any tampering. The devices needed to look and feel like standard pagers.
Ronen Bergman, an investigative journalist for The New York Times and Yedioth Ahronoth, stated in the report that the entire operation was conceived by an exceptionally talented female intelligence operative, under 30 years old, situated somewhere in the Middle East.
According to the report, those behind the plan established a factory to create the devices from the ground up, ensuring that “it won’t be a device that we will tamper with; it will be a device that we will produce.” This conclusion was also echoed by The New York Times in its Thursday article.
The ability to provide these devices to Hezbollah was aided by the group’s inability to make direct purchases in the market due to suppliers’ concerns over U.S. sanctions, forcing them to rely on intermediaries for their needs.
Channel 12 further mentions that following a request from IDF and Defense Minister Yoav Gallant to target Hezbollah on October 10, instead of focusing solely on Hamas after the October 7 invasion and massacre, “it is reasonable to assume” that the detonation of these devices would have occurred, likely followed by significant airstrikes against Hezbollah.
In reality, the IDF prioritized operations in Gaza, while Hezbollah continued to launch attacks on northern Israel.
The report, which has been vetted by Israeli military censors, states that Hezbollah acquired more pagers after the death of its military chief, Fuad Shukr, in a targeted IDF strike in Beirut last July. This incident led to a broader usage of pagers within the organization, stemming from its increasing caution regarding mobile phone communications. Hezbollah had long feared that Israel would target its cellphone networks amid heightened tensions, thus adopting pagers more widely.
While Channel 12 reiterates the commonly held view that the detonations were prompted by fears of exposure for the Trojan Horse devices, it also cites a foreign security source disputing this narrative, suggesting instead that Israel felt compelled to intensify its operations against Hezbollah.
Amos Yadlin, a former IDF intelligence chief, broadly asserts that Israel aims to demonstrate to Hezbollah leader Hassan Nasrallah that his assaults on the north “are costing him more than he’s gaining,” especially concerning support within Lebanon.
The report indicates that it was seen as “preferable” for the numerous Hezbollah fighters affected by the pager explosions to sustain serious injuries rather than fatalities, as this would significantly strain Lebanon’s healthcare system and, in turn, increase domestic pressure on Hezbollah.
A foreign security source told Channel 12 that the pager detonations should not be viewed as a strategic offensive, emphasizing that Israel possesses much more advanced capabilities.
The source elaborated that Israel has invested years in developing these far-reaching capabilities against Hezbollah and Iran, but not as much against Hamas—likely due to underestimating the threat posed by the latter. This discrepancy partially accounts for the inability to avert the October 7 incident. The capabilities employed thus far in Lebanon are considered “relatively low-level,” the source noted.
Eyal Hulata, a former National Security Adviser, remarked to Channel 12 after the report aired that many Israelis have been diligently working for years to enhance security capabilities for the nation. “There are more capabilities like these,” he asserted, referencing the recent developments in Lebanon. Given the erosion of public confidence in the security establishment following the October 7 failures, it is crucial for Israelis to be aware of this, according to Hulata, who also previously led the Mossad’s technological branch.
{Matzav.com Israel}
World Leaders Are Gathering In New York For The U.N. General Assembly. The Outlook Is Gloomy
Cartoon Showing Anti-Semite Tlaib With Exploding Pager Sparks Controversy
A cartoon tying anti-Israel Rep. Rashida Tlaib (D-Mich.) to Hezbollah sparked anti-Muslim-bias allegations by her and her supporters, as well as pushback by critics who noted her sympathy for Islamist terrorism.
It will “incite more hate and violence against Arab and Muslim communities,” Tlaib wrote on X about the cartoon, which National Review published on Friday.
Created by Henry Payne, the cartoon shows Tlaib at a desk with a smoking pager and the caption: “Odd, my pager just exploded.”
On Sept. 17, thousands of pagers used by Hezbollah operatives exploded in Lebanon and Syria, killing at least a dozen and wounding thousands more in what Iranian terror proxy said was an Israeli attack. The following day, additional Hezbollah devices exploded.
The controversy around the cartoon highlighted allegations of racism by advocates of Tlaib and other far-left Democrats. It also underlined conservatives’ criticism of the slide by some Democrats towards anti-Israel vitriol and acceptance of jihadist terrorism.
Tlaib, a Palestinian American, has a history of appearing alongside terrorists at events. In 2019, she posed with Abbas Hamideh, a Hezbollah apologist and activist for Israel’s destruction, at her swearing-in ceremony in Detroit. In May of this year, she spoke at the People’s Conference for Palestine event in Detroit that also featured Popular Front for the Liberation of Palestine (PFLP) member Wisam Rafeedie.
Like Hamas and other Palestinian terrorist groups, Tlaib is on record as opposing a two-state solution in favor of the maximalist one-state model, which is shorthand for the dismantling of Jewish self-governance. She has denied Israel’s right to exist and has used the “From the River to the Sea, Palestine will be free” slogan, which is widely understood to be a call to ethnically cleanse the Land of Israel of Jews.
Congress voted last November to censure the congresswoman for “calling for the destruction of the State of Israel” in connection with her use of that slogan.
Several Tlaib advocates joined her in condemning the cartoon, including Rep. Alexandria Ocasio-Cortez (D-N.Y.), who wrote on X: “The way Islamophobia and anti-Arab hatred is so deeply normalized and accepted in our politics is horrifying.”
Abdullah H. Hammoud, the mayor of Dearborn, Michigan, which has a sizeable Muslim community, wrote on X: “Absolutely disgusting. Anti-Arab bigotry & Islamophobia have become normalized in our media.”
Marina Medvin, a well-known conservative columnist and jurist, noted that the Dearborn-based Islamic Center of America on Friday hosted a vigil for the Hezbollah terrorists who were targeted on Sept. 17.
“You won’t believe this — or maybe you will: Rashida Tlaib’s Dearborn Michigan crowd is hosting a vigil for Hezbollah pager patrons,” Medvin wrote on X, attaching a banner advertising the event.
Brianna Wu, the executive director of Rebellion PAC, a progressive organization, on Sept. 19 aired her disappointment with Tlaib and Ocasio-Cortez over their stance on anti-Israel terrorism.
“I am extremely frustrated to see AOC, who I used to think was one of the best politicians in the entire country, whitewash Hezbollah. I used to deeply respect Rashida Tlaib, who I thought was one of the most pragmatic leaders in the progressive movement. She’s proven herself to just be a flat out antisemite,” Wu wrote on X, where she has 170,000 followers.
Payne, the cartoonist, told journalist Simon Shaykhet of the ABC-affiliated WXYZ Detroit station that his cartoon was part of a series of works that looks at Tlaib’s “lack of congressional leadership in failing to support Israel’s battle for survival,” as “Jews are under an existential threat from Iran and its Hamas-Hezbollah proxies not seen since WWII.”
National Review has so far resisted calls to remove the cartoon. JNS
{Matzav.com}
Supreme Court Rejects “Frivolous Petition” Against Harav Dovid Yosef’s Candidacy For Chief Rabbi
Herzog: Terrorists Slain In Beirut Were Plotting Oct. 7-Style Attack
Hezbollah leaders killed in an airstrike on Friday were planning the same type of invasion Hamas carried out on Oct. 7 farther south, Israeli President Isaac Herzog said in an interview with Britain’s Sky News on Sunday.
“We do not want to get into a war with Lebanon, but Lebanon has been hijacked by a terror organization which is also a political party in Lebanon called Hezbollah,” the president told senior news presenter Sir Trevor Phillips via satellite feed from Yerushalayim.
“It’s been armed to its teeth by the Iranian empire of evil, and all of these leaders who were eradicated on Friday by the Israeli attack, all of these leaders were meeting together in order to launch the same horrific, horrendous attack that we had on October 7 by Hamas, by burning Israelis, butchering them, raping their women, abducting and taking hostage old people and young, and little babies,” Herzog continued.
“So this is exactly the same plan that they’ve been planning for years under the empire of evil of Iran. So we are fighting, actually the war for the entire free world,” the president said.
On Friday, Israel bombed a building in Beirut, killing more than a dozen Hezbollah officers including Ibrahim Aqil, 61, who was the second top commander of Hezbollah killed since Oct. 7. This was preceded earlier in the week by a series of communication device explosions that killed dozens and wounded thousands of Hezbollah terrorists across Lebanon.
IDF Spokesman Rear Adm. Daniel Hagari said in a video statement on Friday that Aqil and the Radwan Force commanders at the meeting were discussing plans to carry out an Oct. 7-style invasion of Israel, which they called “Conquer the Galilee.”
“These terrorists planned to do in northern Israel what Hamas did in southern Israel on Oct. 7,” Hagari said.
A source close to Hezbollah confirmed to Al–Monitor that the meeting in the Dahiya neighborhood of Beirut was convened to study “plans for a ground operation in the heart of the occupied territories [i.e., Israel]” in response to the communication device attacks.
During the Sky News interview, Herzog stressed that “we are working to change this equation, meaning we have to bring our hostages back from Gaza, and we have to make sure that this attack does not recur from Gaza, and we have to make sure that this attack does not recur again from Lebanon. That’s all there is. It’s very simple, and life can go on in a peaceful manner on an internationally recognized boundary between Israel and Lebanon.”
Herzog also had choice words from the government in London, which hasn’t always seen eye-to-eye with Jerusalem during the campaign against Hamas and other Iranian-supported terrorist groups.
“I believe our friends should understand that we are fighting their war too. In the long term, you have to understand that there is an empire of evil which really thinks and believes as part of an ideology in the jihadist ideology, in conquering the Middle East and moving on into Europe and the rest of the world,” he said.
“They call you Satans. They want to plant bombs in your cities all over the world. Hezbollah has terror cells situated in countries all over the world so and you ask yourself, why? How come Iran armed a tribe in Yemen called the Houthis on the shore of the Red Sea, and they’re affecting the cost of living of each and every British family or European family or American family [by attacking commercial shipping in the Red Sea]?
“This cannot go on. We expect that all our allies will be side-by-side with us in combating this terrible situation and fighting like we are to bring back our hostages home. There are 101 Israeli hostages, already 352 days they are in the dungeons of Gaza,” Herzog said. JNS
{Matzav.com Israel}
For Home Shoppers, The Fed’s Big Cut Is Likely Just A Small Step Towards Affording A Home
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