The average US 30-year fixed mortgage rate fell to 2.81% from 2.87%, its lowest in Freddie Mac data going back nearly 50 years. The reading also marks the 10th record low this year, reflecting the tumbling borrowing costs that fueled the housing market’s rebound. Sales of new and existing homes have thrived […]
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[Fox Business, iStock] As a soon-to-be homeowner, one of the most important steps of buying a home is securing an affordable mortgage rate. To secure the lowest rates, you may have to negotiate. With that in mind, there are things home buyers should do when negotiating your mortgage rates. Armed with this knowledge, you […]
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[MarketWatch, Getty Images] “You have to put all your money into 5 stocks and hold it for 10 years, what are you buying and why?” In Reddit’s “Stocks” community, an investor going by the name 7thAccountDontDelete posed that question to the group’s nearly 900,000 members over the weekend. The answers ranged from the […]
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[BankRate] Multiple benchmark mortgage rates receded today. The average rates on 30-year fixed and 15-year fixed mortgages both trended down. The average rate on 5/1 adjustable-rate mortgages, or ARMs, the most popular type of variable rate mortgage, advanced. Mortgage rates are constantly changing, but they continue to represent a bargain […]
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[Barron’s, Getty Images] PepsiCo shares were rising on Monday, following an upgrade from Citigroup, which argues that the food-and-beverage company can increase its bottom line next year. Analyst Wendy Nicholson boosted her rating on Pepsi (ticker: PEP) to Buy from Neutral, and raised her price target to $169 from $148. She […]
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[The Motley Fool, Getty Images] Forget politics and a pandemic. The outlook for these stocks keeps getting better, and analysts can’t keep up. With a contentious November election on the horizon — one that may have monumental implications for the economy, and in particular the healthcare industry — it’s easy for investors […]
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New York (CNN) A new majority Black and Latinx-owned and operated digital bank hopes to make supporting Black-owned banks and businesses a little easier for consumers. Greenwood was created by Bounce TV founder Ryan Glover and his close friend, rapper-activist Michael “Killer Mike” Render. The leadership team at Greenwood, which includes former Atlanta Mayor Andrew […]
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[Beckett] It’s time for Beckett Sports Card Hot/Cold where we take a quick look at what’s hot and what’s not in the worlds of sports and sports cards. Three of the final four spots in the MLB postseason are confirmed. The basketball season could come to a close very shortly. […]
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[Investor’s Business Daily, AP] Move over Apple. Millennials prefer another stock — and it’s not even in the S&P 500 yet. Consumer discretionary Tesla (TSLA) dethroned information technology giant Apple (AAPL) as the most popular stock held by millennials. Apple got bounced from the top spot after holding it for four-straight quarters, says a just-released quarterly analysis […]
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[CNBC, GETTY IMAGES] Refinance volume surged to the highest level since mid-August as mortgage rates dipped to 3.01%. Refinances jumped 8% last week and were 50% higher than a year ago, according to the Mortgage Bankers Association. Mortgage rates moved even lower last week after setting multiple record lows in […]
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