Cash News In theory, switching from debit to credit cards is simple, but that doesn’t mean it’s easy. If you’ve become accustomed to paying for everything with a debit card, you might hesitate to transition to a credit card — and rightly so. You typically can’t spend more than you have with a debit card, […]
How to get a 3% down mortgage in 2025 #CashNews.co
Cash News The mortgage industry was transformed in late 2015 when low down payments became available for conventional loans. That was the year two ground-breaking loan programs, HomeReady and Home Possible, opened the doors to home buyers with low and moderate incomes to qualify for a conventional mortgage with down payments as low as 3%. […]
What are mortgage discount points, and should you pay for them? #CashNews.co
Cash News Mortgage discount points are an optional fee you can pay to lower the interest rate on a home loan. Discount points can be a strategic financial tool for a borrower — or a misleading junk fee used by a lender. Read more: 13 steps to buying a house Sometimes lenders add discount points […]
Best low- and no-down-payment mortgage lenders of January 2025 #CashNews.co
Cash News If the down payment is your biggest blocker to buying a house, we’ve got good news. Yahoo Finance has hand-picked the best home loan lenders specializing in low- and no-down-payment mortgages. As you’ll see, you have some excellent choices. Each lender has a specialty, and one of them (or more) may be a […]
The Arctic: climate change’s great economic opportunity
An enormous prize is on offer. When might it be grasped? Source link
Can you file for bankruptcy and keep your house? #CashNews.co
Cash News According to data from the Administrative Office of the US Courts, there were more than 450,000 bankruptcy filings in 2023. If you’re considering bankruptcy this year to gain some much-needed debt relief and have a mortgage, one question might weigh heavy on your mind: Can my house be taken if I file for […]
China’s financial system is under brutal pressure
“Short essays” appear to be causing big problems in China’s bond market. Over the past year the term has been used to refer to rumours swirling around financial hubs, which often originate with brief posts on social media that attempt to explain the inner workings of the system. One such rumour claims that the central […]
A guide to checking account minimum balance requirements by bank #CashNews.co
Cash News Minimum balance requirements can be a major roadblock for people who need bank accounts. In fact, among the “unbanked” (those who don’t have a traditional bank account), the main reason they give for not having an account is that minimum balance requirements are too high. Minimum balance requirements vary by checking account, but […]
Saba Capital wages war on underperforming British investment trusts
“Have you no shame?” cried Boaz Weinstein during a presentation to investors on January 14th. The boss of Saba Capital, an American hedge fund, was railing at fund managers in Britain’s venerable investment-trust industry. Mr Weinstein has picked seven trusts, overseeing £4bn ($5bn), whose performance he deems so abysmal that both boards and managers must […]
Great for casual Delta flyers #CashNews.co
Cash News The charges a higher annual fee than other mid-tier airline cards, but the perks alone can make it worth your while. If you fly with Delta at least once or twice a year, this card should be on your radar. Annual fee $0 introductory annual fee for the first year, then $150. Welcome […]