Cash News Refinancing your mortgage is often a smart move. It can reduce your interest rate, lower your monthly payment, extend your loan term, or even give you access to much-needed cash in a pinch. Now that the Federal Reserve has cut the federal funds rate for the first time in four years, it could […]
What are the conforming loan limits for 2024? #CashNews.co
Cash News If youâre shopping for your first home, youâre probably aware that your financial situation will impact how much you can borrow with a mortgage loan. But did you know that the type of mortgage you select will also help determine your maximum loan amount? Many hopeful home buyers want to get a conforming […]
Big Fed rate cut leaves little changed in stock and bond markets #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Capital markets myFT Digest — delivered directly to your inbox. Investors braced for wild market moves ahead of Wednesdayâs Federal Reserve meeting. But by dayâs end, there was little sign of a momentous shift or the beginning of a new era. The US central […]
Jim Cramer Shares NVIDIA Corporation (NVDA)âs New Blackwell Chip Platform Has Begun Full-Scale Production #NewsUnitedStates
CashNews.co We recently compiled a list titled Jim Cramerâs Ultimate Stock Picks: 10 Hot Stocks to Consider. In this article, we will look at where NVIDIA Corporation (NASDAQ:NVDA) ranks among Jim Cramer’s 10 hot stocks to consider. In a recent episode of Mad Money, Jim Cramer emphasized the unexpected strength in the market, pointing out that […]
Iran hackers offered Trump information to Biden campaign, say agencies #NewsMarket
CashNews.co Iran hackers offered Trump information to Biden campaign, say agencies Read More #cashnews #newsfinace #finance #FollowsCashnews
What is the Federal Reserve? #CashNews.co
Cash News At one level, you could consider the Federal Reserve as a bank to banks. It holds bank deposits, lends money to financial institutions, and facilitates the process for banks to borrow funds from each other. However, the Federal Reserve is much more than that. The Federal Reserve ensures the smooth operation of the […]
What it is and how it affects you #CashNews.co
Cash News The Fed lowered the federal funds rate by 0.50% at the most recent Federal Reserve meeting on September 18. The federal funds rate. The Fed. The FOMC. All these terms we hear in the news that somehow deal with interest rates. What does it all mean? Here’s what you need to know about […]
Is now a good time to refinance your mortgage? #CashNews.co
Cash News After two and a half years of slogging through higher interest rates in an effort to throttle back inflation, the cycle is reversing. The Federal Reserve lowered its key interest rate by 0.50% at its meeting on Sept. 18. However, the federal funds rate is not the only driver of mortgage rates. Will […]
Nvidiaâs $406 Billion Drop This Week Makes Bitcoin Look Calm #NewsUnitedStates
CashNews.co (Bloomberg) — Nvidia Corp. wiped out about $406 billion in value this week, weighing on key equity benchmarks as jitters spread over the health of the US economy and an AI trade that may have gotten ahead of itself. Most Read from Bloomberg The worldâs largest artificial-intelligence chipmaker shed a fifth of its value […]
Rates have plummeted and should continue falling #CashNews.co
Cash News For the most part, fixed mortgage rates have decreased since yesterday, and adjustable rates have increased. Fixed rates have fallen significantly since the beginning of August. According to Zillow data, the average 30-year fixed rate is down 55 basis points since August 1, and the 15-year fixed rate has dropped by 54 basis […]