Police seek National City bank robbery suspect

State police in Uniontown are looking for a man armed with a pistol who robbed the National City Bank, 1206 National Pike (Route 40) about 9:25 a.m. Wednesday.

The suspect entered, brandished the gun and demanded money from the teller. The teller gave him the cash and he fled, leaving in a newer-model sport-utility vehicle, toward Redstone Furnace Road.

The robber is black, in his late 20s or early 30s, 5 feet 8 inches to 5 feet 9 inches tall, with a medium build, dark hair and eyes. He wore dark clothing.

Assisting in the investigation is the FBI Mon Valley office. Anyone with information is asked to call Trooper T.C. Knapp at 724-415-1205.

What are people saying about mortgages today:

Rates on 30-year mortgages edged down last week to a seven-month low. Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages fell to 6.3 percent, down slightly from 6.31 percent two weeks ago. It put rates at the lowest level since they were at 6.24 percent the first week of March.

Bank of Hawaii, Central Pacific Bank, Territorial Savings Bank and Wells Fargo Home Mortgages all cut their 30-year mortgage rates to 5.75 percent this week.

Most people think of a mortgage as a means to an end. After all, you buy a house, not a home loan. But a mortgage is much more than the path to homeownership. It is a financial instrument that must be managed, just like any other financial investment.