Donald Trump’s victory has a flavour of revenge—not just for the man but also for crypto bros and their assets of choice. Over the course of election night, as it became clear Mr Trump had won America’s presidential election, the price of bitcoin, the most widely traded cryptocurrency, jumped by 10%. On November 11th, as […]
America’s strengthening dollar will rattle the rest of the world
In 1971 John Connally, then the American treasury secretary, told his European counterparts that the dollar was “our currency, but your problem”. Over the following half-century the global economy has transformed, but Connally’s adage still rings true: even though the value of the dollar remains largely set by domestic developments in America, its swings almost […]
FHA cash-out refinance: Requirements and guidelines #CashNews.co
Cash News When you build equity in your home, the house can become a source of cash as well as a place to live. With an FHA cash-out refinance, you can tap into your home equity to pay off higher-interest debt, make home improvements, return to school, or accomplish other financial goals. There are pros […]
FHA vs. conventional loan: Which should you choose? #CashNews.co
Cash News If you’re on the hunt for a new home, you’re probably planning to take out a mortgage to finance the purchase. You’ll have to decide which kind of home loan makes the most financial sense for your situation. Two popular options for homeowners are FHA and conventional loans. Here’s everything you need to […]
Earn cash back while building your credit history #CashNews.co
Cash News The Discover it® Secured credit card doesn’t require a credit score to apply. In fact, it helps build up your credit score by offering cardholders cash-back rewards as an incentive for responsible credit behavior. There’s a 10.99% intro APR for 6 months from the date of your first transfer. After that, it’s 28.24%. […]
Is the Amex Gold Card still worth it? See what’s changed #CashNews.co
Cash News The American Express® Gold Card has long been a favorite of foodies, offering impressive rewards on eligible supermarket and restaurant purchases, along with some dining benefits to help cover the cost of its annual fee. But recently, Amex made some updates to the Gold Card, which included an annual fee bump from $250 […]
Credits and lounge access for frequent travelers #CashNews.co
Cash News If you’re a frequent traveler looking to save money and make traveling a little easier, you may want to add the Capital One Venture X Rewards Credit Card to your list. This premium travel card has a steep annual fee, but plenty of benefits and a simple rewards structure can go a long […]
Custom parts and equipment insurance: What it covers #CashNews.co
Cash News Magnilion via Getty Images Standard car insurance typically doesn’t cover aftermarket parts that are added to a vehicle to boost its performance or appeal. Insurers price their coverage based on costs to repair or replace a vehicle as it came from the original manufacturer. If you want to cover such aftermarket modifications — […]
How to file a diminished value claim after an accident #CashNews.co
Cash News Whether you’re in an accident or a tree limb falls on your car, you may need to make an insurance claim for repairs at some point. And after your vehicle is fixed, it’s probably not worth as much as it was before. That’s what’s known as diminished value, and it affects your vehicle’s […]
How does an interest-only mortgage work? #CashNews.co
Cash News There are two parts to a traditional home loan payment: the mortgage principal and the mortgage interest. But if you have an interest-only mortgage, you only have to make interest payments for the first few years of the loan. Once the interest-only period has lapsed with an interest-only loan, you will be required […]