Markets are closed today
U.S. financial markets are closed today for Good Friday. Weekly stock and mutual results are published today, along with Motley Fool and Chuck Jaffe's column. Find tomorrow's business news inside the Tucson & Region section.
TUCSON
Marana is home to newest Aztec Flooring retail store
Tucson-based Aztec Flooring has expanded to Marana. The new retail store, at 3805 W. River Road, opened in January, said Ray Byrd, director of the company's retail division. Aztec Flooring's first retail location opened about three years ago at 6451 N. Oracle Road, Byrd said. The company's main warehouse and builder showroom is at 3990 S. Evans Blvd. Aztec Flooring has operated in Tucson since 1967. It sells and installs products such as carpeting, tile and wood flooring.
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Rainbow Signs company is under new ownership
Rainbow Signs, at 3231 E. 46th St., was recently bought by Bill Eklund. The Tucson company was founded in 1977. It specializes in electric signs for offices, restaurants, retail stores, shopping centers, commercial real estate and residential developments. For more information, call 624-3841 or go online to www.rainbowsignstucson.com.
NATION
Direct deposits from IRS can be sent to 3 accounts
For the first time, the Internal Revenue Service is allowing taxpayers to split their refunds and send direct deposits to up to three different accounts at three different financial institutions. This includes bank checking and savings accounts, mutual funds and retirement accounts. To split a refund, a taxpayer needs to attach IRS Form 8888 to the federal tax return to tell the agency how much money should go to which accounts. The form and more information can be found at www.irs.gov.
Mortgage rates still low and relatively stable
Mortgage rates around the country crept up this week, although rates on 30-year mortgages still hovered close to their low for the year. In its weekly survey, mortgage giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages averaged 6.17 percent for the week that ended Thursday. Analysts said mortgage rates have been fairly stable in recent weeks as financial markets — which directly influence these rates — try to figure out the direction of the country's economic growth as well as inflation. Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, rose to 5.87 percent this week, up a notch from last week's 5.86 percent.
● More national business news in brief, Page D2.
