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Existing home sales dip for a second consecutive month

April 21, 2022

Housing activity slowed for a second straight month in March. Existing home sales fell 2.7% to a seasonally adjusted 5.77 million units in March from a month earlier, according to the National Association of Realtors (NAR). Home sales fell across…

US rent prices reach record highs as buyers pushed out of market

April 21, 2022

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Mortgage

Rent prices across the U.S. climbed to record highs in March largely because an increasing number of potential buyers are being pushed out of the market, according to a new report. The median monthly asking rent increased 17% compared with…

Netflix says more than 100M households sharing passwords

April 21, 2022

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Finance

Netflix said more than 100 million households are using a shared password. In its quarterly letter to shareholders, the streaming giant said the tally includes over 30 million in the U.S. and Canada. Netflix has 222 million paid subscribers. “Account…

Ackman gives up on Netflix, taking $400 million loss as shares tumble

April 21, 2022

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Finance

Billionaire investor William Ackman liquidated a $1.1 billion bet on Netflix on Wednesday, locking in a loss of more than $400 million as the streaming service’s stock plunged following news that it lost subscribers for the first time in a decade.…

What Is a Good Credit Score?

April 21, 2022

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Credit Scores

A credit score ranges from 300 to 850 and is a numerical rating that measures a person’s likelihood to repay a debt. A higher credit score signals that a borrower is lower risk and more likely to make on-time payments.…

Rite Aid’s stock rockets after the New York Post reported it rejected a buyout bid at a hefty premium

April 21, 2022

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Finance

Shares of Rite Aid Corp. RAD, +10.81% rocketed as much as 38.5% intraday before paring gains to be up 18.7% in very active afternoon trading Wednesday, after the New York Post reported that the drugstore chain rejected earlier this month a buyout bid that valued…

Latest mortgage news: 30-year rate climbs to highest point in 12 years

April 21, 2022

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Mortgage

With inflation raging and the U.S. economy running hot, the average rate on 30-year mortgages surged to 5.28 percent this week from 5.12 percent last week, the highest level since April 2010, according to Bankrate’s national survey of large lenders. The…

How Much Earnest Money Is Normal? Earnest Money Deposit Mistakes

April 21, 2022

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Finance

nce home buyers find a home they love, they declare their commitment to the seller with a sizable chunk of change known as an earnest money deposit. Yes, it sounds so sincere and serious because it is—and if you get it…

Payment Adjustments Move 3.6 Million Student Loan Borrowers Closer to Forgiveness

April 21, 2022

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Loans

The Department of Education on Tuesday announced a series of steps to bring millions of federal student loan borrowers closer to forgiveness. These steps include providing payment adjustments to retroactively credit borrowers with additional payments toward Public Service Loan Forgiveness…

Best American Express Cards of April 2022

April 21, 2022

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Cards

American Express offers some of the most exclusive credit cards and luxury benefits available, but its excellent customer service and high-value perks are more widely available than you might realize. Along with premium travel cards, American Express offers co-branded options…

All Posts

Existing home sales dip for a second consecutive month

US rent prices reach record highs as buyers pushed out of market

Netflix says more than 100M households sharing passwords

Ackman gives up on Netflix, taking $400 million loss as shares tumble

What Is a Good Credit Score?

Rite Aid’s stock rockets after the New York Post reported it rejected a buyout bid at a hefty premium

Latest mortgage news: 30-year rate climbs to highest point in 12 years

How Much Earnest Money Is Normal? Earnest Money Deposit Mistakes

Payment Adjustments Move 3.6 Million Student Loan Borrowers Closer to Forgiveness

Best American Express Cards of April 2022

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