Eight in 10 mortgages originated in 2018 carries an interest rate 0.75% higher than the current average. Getty If your mortgage was originated in 2018, then it might be time to consider a refinance. According to new data, 80% of mortgages from last year carry an interest rate at least 0.75% higher than today’s prevailing
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A staff member shows gold ornaments at a jewelry store on June 21, 2019 in Huzhou, Zhejiang Province of China. VCG | Visual China Group | Getty Images Veteran investor Mark Mobius is bullish on gold as central banks around the world cut interest rates. “Physical gold is the way to go, in my view,
Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Jason Alden | Bloomberg | Getty Images Somewhere, Jamie Dimon is smiling. J.P. Morgan Chase is close to winning the lead advisory role for the initial public offering of Saudi Aramco, the world’s most profitable corporation, edging out rivals for the plum assignment, according to
Multiculturalism and globalization have helped drive immigration and growth to major hubs, but in some cases, it has also caused brain-drain and damaged the economies of immigrants’ home nations. The Caribbean has experienced widespread immigration and boasts a large diaspora worldwide relative to its population . Jamaica, which is home to 2.9 million people is
The Lakehouse pool is one of the many amenities that are part of the building’s offerings to help residents live “a conscious life.” Courtesy Lakehouse Around the nation, builders and developers are beginning to experiment on projects that include wellness features – better air filtration, circadian rhythm lighting, furnishings and building materials that don’t off-gas
Still from Warner Bros.’ “It: Chapter 2.” Warner Bros. “It: Chapter Two” wasn’t able to scare up more ticket sales than the first installment of Warner Bros. two-part adaptation of Stephen King’s famed novel, but it did manage to have the second-highest horror movie opening of all time. The film, which takes place 27 years
JEWEL SAMAD/AFP/Getty Images For a sector that’s typically not known as a dividend play, technology stocks could be a great place to find yield in this world of tumbling rates. In the past decade, the tech sector has increased its dividend payouts by about 17% to $88 billion, according to Credit Suisse. Apple and Microsoft,
Wilmington Trust’s Meghan Shue warns snap decisions during market volatility spikes will trap investors in losing trades. According to the firm’s senior investment strategist, reacting to every U.S.-China trade war development and taking on large positions are two of the worst things they can do right now. “For long-term investors, to chase those headlines risks
If you’re among the estimated 38 million adults expected to bet on NFL games this season, remember that good ol’ Uncle Sam expects a piece of your winnings — and, in some cases, will grab a slice without asking first. The NFL’s 100th season, which kicks off Thursday night on NBC in a game between
Share to facebook Share to twitter Share to linkedin Photocredit: ASSOCIATED PRESS Bonds had benefited from a trifecta of cycle support. Not only were bonds in the strong period of seasonality as depicted in chart 1, but both the weekly and the monthly dynamic cycles pointed up. Chart 1 US Notes have left the strong
Las Vegas is among the top ten most searched out-of-state home-buying destinations. Getty Images The prospect of higher-paying jobs, lower taxes and overall lower home prices within mid-sized metros is leading bargain-seeking home buyers to expand their property search beyond their housing markets, a new study by realtor.com shows. Home buyers typically move only 15
The 2019 BMW 330i Mack Hogan | CNBC BMW has long been the king of the compact sports sedan market. The 3 Series is the segment benchmark, with everyone from Cadillac to Genesis coming after it in recent years. Perhaps that’s why, today, the all-new 3 Series isn’t getting a lot of attention. It’s certainly
Bank of America financial center manager, center, shows a customer how to use the ATM with Teller Assist station in Cherry Creek. Andy Cross | Denver Post | Getty Images Keefe, Bruyette & Woods (KBW) lowered its rating on Bank of America shares to market perform from outperform, saying the bank is facing earnings pressure
Source: TCS World Travel There’s luxury travel and then there’s super-luxury travel. And by any measure, touring the world on a specially outfitted private jet with 15 to 50 like-minded passengers, all on the same financial playing field, falls into the “ultra-luxe” category. For well-to-do, worldly travelers with destinations and experiences still on their bucket
Traders on the floor of the New York Stock Exchange. Brendan McDermid | Reuters As bond yields plunge to historic lows, investors craving for steady income are turning to dividend-focused funds. But beware — not all dividend exchange-traded funds are created equal. There are hundreds of ETFs that currently offer much higher payouts than the
Westend61 | Westend61 | Getty Images Chad Chubb, a certified financial planner, walked a 66-year-old client through four premium increases on her long-term-care insurance policy. In all, the retiree, who is single, has seen her annual premiums rise by more than 60% over the last six years. Her cost in 2018 was $2,721, up from
Is each generation trading a secure retirement for a college education? Getty It’s that time of year again in Boston. September — when the streets are jammed with a seemingly endless parade of trucks and trailers. No, it’s not carnival season. It is college season. Parents from all over converge upon a city of 700,000
Living Room with Hermes-designed chandelier Joel Dantro It isn’t just the cars that should catch your eye for this home in Beverly Hills Flats. The Fendi-designed kitchen, the Hermes-designed chandelier, quartz marble driveway and elevator lined with crocodile leather are also worth mentioning. Asking $45 million, which would break all on-market records for the Flats
Members of the Humanitarian and Disaster Relief (HADR) team from the Royal Fleet Auxiliary’s RFA Mounts Bay deliver supplies after Hurricane Dorian on the island of Great Abaco, Bahamas September 4, 2019. LPhot Paul Halliwell | Royal Navy | Reuters Volunteers continue to search for victims and survivors after Hurricane Dorian blasted the Bahamas with
Bespoke Investment’s Paul Hickey believes a market hot streak is unfolding. The independent market researcher is building his bullish case by zeroing in on the Citi Economic Surprise Index, which is built to measure optimism in the economy. In the week ending Friday, the index flipped into positive after spending more than 100 days in