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 […]
These are the 3 best banks in the United States, according to their customers #CashNews.co
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 […]
Best CD rates today, January 22, 2025 (up to 4.35% APY) #CashNews.co
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 […]
Best money market account rates today, January 22, 2025 (up to 4.75% APY) #CashNews.co
Cash News As interest rates begin to fall following the Fedās recent rate cuts, itās more important than ever to ensure youāre 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 ā they offer interest on your […]
High rates could be here to stay #CashNews.co
Cash News Most of today’s mortgage rates have remained stagnant. According to Zillow, both the 30-year and 15-year fixed interest rates haven’t budged and sit at 6.67% and 5.95%, respectively. Unless there is a severe financial setback, 30-year mortgage rates might be stuck in the 6.5%-to-7% range for a while. Do you have the down […]
China pushes insurers to buy equities #NewsMarket
CashNews.co Unlock the Editorās Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China has told state-owned insurance funds to invest more in the countryās domestic stock market as authorities try to boost equities. This is the first time regulators have set explicit investment targets for mutual […]