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 […]
The best online mortgage lenders of January 2025 #CashNews.co
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 […]
LNG tankers change course to Europe as gas storage levels drop #NewsMarket
CashNews.co Unlock the Editorās Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tankers carrying liquefied natural gas are changing course in the Atlantic and heading to Europe, as cargo owners look to profit from a market hit by the loss of Russian pipeline gas flows through […]
Fed to keep rates on hold for āforeseeable futureā, Pimco says #NewsMarket
CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The Federal Reserve is poised to keep interest rates on hold āfor the foreseeable futureā and could even boost borrowing costs, as central bankers await clarity on Donald Trumpās policies, said bond […]
BP is a victim of wishful thinking on fossil fuels #NewsMarket
CashNews.co Unlock the Editorās Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trumpās inaugural address as US president this week included a eulogy to fossil fuels and the āliquid gold under our feetā. Despite BPās large oil and gas operations and reserves in Texas and […]
Rachel Reevesā offensive against regulators sparks alarm from consumer groups #NewsMarket
CashNews.co For a Labour chancellor it was a bold move: Rachel Reeves went to Davos and told an audience of global plutocrats that she wanted to make their lives easier by creating a riskier regulatory environment for UK consumers. Far away from the Swiss Alps, Reevesā offensive against regulators was cheered on by right-wing Conservatives, […]
European banks to reward investors with bumper ā¬123bn in payouts #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the European banks myFT Digest — delivered directly to your inbox. European banks are on course to return close to ā¬123bn to shareholders for the second consecutive year as lenders lift dividends above their pre-financial crisis peak and buybacks soar. The largest listed European and […]
Will Angolaās mystery debt holdout please stand up? #NewsMarket
CashNews.co Unlock the Editorās Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. You are one lender, among a group of lenders, who, at some point in time, extended a syndicated loan of mysterious purpose and unknown quantum to the oil-rich but currently quite broke African nation […]
What is an appraisal gap, and what can buyers do when it happens? #CashNews.co
Cash News Homeowners and buyers donāt 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 ā or prepare […]
What is NMLS, and how does it help borrowers? #CashNews.co
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? Thatās why the NMLS was created ā to help borrowers ensure that they […]