Mortgage rates declined again this week, sparking a subtle boost in demand for purchase and refinance applications.  Still, many buyers continue to hold off on making a move while waiting for steeper cuts, as fresh data shows existing home sales eased in August from the month before.Freddie Mac’s latest Primary…

This article was written byFollowJussi Askola is the President of Leonberg Capital, a value-oriented investment boutique that consults hedge funds, family offices, and private equity firms on REIT investing. He has authored award-winning academic papers on REIT investing, has passed all three CFA exams, and has built relationships with many…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Bank of England has held interest rates at 5 per cent after inflation remained steady in August, but indicated it may lower borrowing costs again as soon as November.The Monetary Policy…

Really, I don’t want to be doing this. I just want a fact-based discussion on retirement income security, so we can fix what needs fixing and stop worrying about things we shouldn’t be worrying about. Is that too much to ask? Apparently, it is. Back in August I published an…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. During…

Average annual total returns (%) as of 6/30/24 2Q24 (not annualized) YTD (not annualized) 1 Year 3 Year 5 Years 10 Years Institutional (MUTF:BIICX) 0.79 3.41 9.72 1.06 3.77 3.81 Investor A (Without Sales Charge) 0.72 3.29 9.45 0.83 3.51 3.55 Investor A (With Sales Charge) -4.57 -2.14 3.70 -0.96…

Hizbollah has vowed to retaliate against Israel for a sophisticated and co-ordinated attack that detonated thousands of pagers carried by the Lebanese militia’s members, killing at least a dozen and injuring thousands and plunging Beirut into a widespread panic. Two children and 10 Hizbollah members were killed in Tuesday’s apparent…

You probably find lots of junk mail in your mailbox. But, if you are one of the 50 million beneficiaries with Part D prescription drug coverage, either through a stand-alone Part D drug plan or incorporated into a Medicare Advantage plan, pay attention now. Buried in that stack of mail…

The Federal Deposit Insurance Corporation on Tuesday proposed a new rule forcing banks to keep detailed records for customers of fintech apps after the failure of tech firm Synapse resulted in thousands of Americans being locked out of their accounts.The rule, aimed at accounts opened by fintech firms that partner…

If Robert Kaplan still had a say in the matter, he’d be pushing for a half percentage point interest rate reduction at this week’s Federal Reserve meeting.The former Dallas Fed president told CNBC on Tuesday that making the bolder move of 50 basis points would better position policymakers heading into…