Monday, March 14, 2011

Mortgage Rates, Pi Day: Hot Trends



"Mortgage rates" is a trending search topic following the release of Freddie Mac's(FMCC_) weekly survey which showed that the mortgage rates held steady below 5%. The 30-year fixed rate came in at 4.88% on Thursday, up slightly from 4.87% one week earlier, and down from 4.95% a year ago. 

"Pi Day" is a hot search topic because Monday, March 14, is the day that we celebrate the mathematical constant Pi, which is equal to roughly 3.14.

Physicist Larry Shaw created Pi Day in 1989 at the San Francisco Exploratorium. Shaw and his fellow staff members made a tradition of marching around the building and eating fruit pies.

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US Aircraft Carrier Ronald Reagan passed through a radioactive cloud from stricken nuclear reactors in Japan

The Pentagon was expected to announce that the aircraft carrier Ronald Reagan, which is sailing in the Pacific, passed through a radioactive cloud from stricken nuclear reactors in Japan, causing crew members on deck to receive a month’s worth of radiation in about an hour, government officials said Sunday.

The officials added that American helicopters flying missions about 60 miles north of the damaged reactors became coated with particulate radiation that had to be washed off.

There was no indication that any of the military personnel had experienced ill effects from the exposure. (Everyone is exposed to a small amount of natural background radiation.)

Fresh blast at Japan nuclear plant (Second blast)

SENDAI, Japan: An explosion rocked an earthquake-hit nuclear plant Monday, as Japan struggled to avert a catastrophic reactor meltdown caused by a quake and tsunami feared to have killed more than 10,000.


At least 11 workers are missing and seven are injured as new explosion rocked Japan's stricken Fukushima Daiichi nuclear power complex, sending a plume of smoke into the air.

After Monday's blast, Japan's nuclear safety agency said it could not confirm whether or not the hydrogen explosion at the plant's No.3 reactor had led to an uncontrolled leak of radioactivity.

Read more...

9.0 Japan earthquake shifted Earth on its axis

Scientists in Pasadena say data from the temblor will show how Earth is deformed during massive earthquakes at sites where one plate is sliding under the other, including the U.S. Pacific Northwest.

Friday's earthquake off the eastern coast of Japan was upgraded to a magnitude 9.0 by the Japan Meteorological Agency, the Kyodo News agency reported Sunday.

The agency's scientists probably had access to new data, said U.S. Geological Survey seismologist Susan Hough. "If they've upgraded, I expect USGS might follow suit," she said, adding that it was not unusual for magnitudes to move up or down by 0.1, because large earthquakes can be tricky to measure.

"It's not surgical precision," she said.

Other details are emerging. The quake probably shifted the position of Earth's axis about 6.5 inches, said Richard Gross, a geophysicist at the Jet Propulsion Laboratory in La Canada Flintridge, in an e-mail.

The temblor also should have caused Earth to rotate somewhat faster, shortening the length of the day by about 1.8 microseconds, he said.

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