When a government falls apart, pay attention to the laws ministers still manage to pass. Germany’s collapsing “traffic-light” coalition was unable to agree on climate policy or a budget, but it flashed green for one change: an exit tax. Since January 1st anyone with over €500,000 ($520,000) in investment funds has had to pay income […]
Cash News With interest rates finally beginning to drop, many banking customers are doing anything they can to continue earning high returns on their deposits. One potential option is a jumbo money market account (MMA). These accounts require a higher minimum deposit (usually $100,000 and up) and, in return, often pay higher interest rates than […]
Mountain-naming turned out to be a curiously high priority for Donald Trump. Mere hours after his inauguration, the president signed an executive order to change the name of America’s highest peak from Denali, of indigenous Alaskan origin, back to Mount McKinley, as it was officially known until Barack Obama intervened in 2015. The rechristening reflects […]
Cash News These days, every mortgage lender with a national profile has an online presence. Most, if not all, allow you to start a home loan application online too. However, only a few have grown their mortgage lending business organically by leveraging technology and establishing early-mover status as online lenders. Yahoo Finance has completed due […]
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Cash News Homeowners and buyers don’t experience appraisal gaps very often. According to CoreLogic, an appraisal gap occurs about 10% of the time, but that’s frequently enough to put it on your radar. Whether you are selling or buying a house, there are beneficial ways to respond to a home appraisal surprise — or prepare […]
Cash News Getting a mortgage can feel overwhelming, and most borrowers are happy to receive any advice or guidance from their mortgage company. But how can you be sure that your loan officer has the appropriate training and licensure to help you? That’s why the NMLS was created — to help borrowers ensure that they […]
Cash News Today, there are close to 4,000 commercial banks in the U.S. And with online banking, customers have access to more banking products and services than ever before. Of course, when it comes to choosing where to bank, these seemingly endless choices can make the decision pretty tough. There are many factors you could […]
Cash News This month, the Federal Reserve lowered the federal funds rate for the third time in 2024. That means deposit account rates are now on the decline as well. The good news: You can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. Read on for […]
Cash News As interest rates begin to fall following the Fed’s recent rate cuts, it’s more important than ever to ensure you’re earning a competitive rate on your savings. One option you may want to consider is a money market account (MMA). These accounts are similar to savings accounts — they offer interest on your […]