Mountain View, CA

CBS News

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  Buyers have faced unprecedented challenges in the real estate market since the start of COVID-19. Record low interest rates and low housing supply during the pandemic pushed home prices to record highs, leaving many borrowers facing bidding wars. In the post-pandemic era, surging inflation caused would-be buyers to take another hit, as mortgage rates skyrocketed to their highest level since the year 2000. Inventory remains low today and mortgage rates remain high, but frustrated buyers may soon see a light...

What's the mortgage interest rate forecast for September 2024?

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  Mortgage rates have been high over the last few years, but it appears that may be changing. With inflation cooling, mortgage rates finally dropped in August to 6.47%, the lowest rate across the prior 15 months. Federal Reserve Chair Jerome Powell also suggested last week that the central bank will cut rates in September, which would likely have an impact on mortgage rates. Although these anticipated interest rate cuts offer prospective buyers hope, there's no guarantee of how low rates...

How low could mortgage rates drop this September?

Editor's Note: Investopedia did not publish daily mortgage rate news on Monday, Sept. 2, in observance of Labor Day. The states with the lowest 30-year new purchase mortgage rates on Friday were New York, Utah, Florida, Louisiana, Texas, Massachusetts, and California. Meanwhile, the states with the highest averages on Thursday...

Today's Mortgage Rates by State – Sept. 3, 2024

Business Insider

These are today's mortgage and refinance rates. Mortgage rates are down as the Fed gears up to start lowering its benchmark rate in September.

Mortgage Interest Rates Today, August 27, 2024 | Rates Drop Below 6% as Powell Signals September Cut

Georgia State

Seven GOP-led states have filed the first lawsuit targeting Biden's plan to cancel student debt for millions of borrowers.

30 million student-loan borrowers who were about to benefit from Biden's second try at broad debt cancellation are now facing the first lawsuit to block it

TheStreet

August put investors through a lot of drama. This week features one giant economic report. Also: The top stocks of the month.

How big will the Fed rate cut be? Watch the jobs report

This story is part of CNBC Make It's Ditching the Degree series, where women who have built six-figure careers without a bachelor's degree reveal the secrets of their success. Got a story to tell? Let us know! Email us at AskMakeIt@cnbc.com. In the middle of getting a tattoo, Sess Lee...

37-year-old's hair salon brings in over $1 million a year—how she did it without a bachelor's degree

People are not holding off on buying cars or houses while the Federal Reserve contemplates a reduction in interest rates in the coming week. For economist Adrián Alós, if the reduction is finally put into effect, it will cause an increase in sales, although I would be a short one.

On the verge of an interest rate reduction

Dollar Tree cut its full-year outlook, citing increasing pressures on middle-income and higher-income customers. Dollar stores, in particular, have felt pinched as their core customer makes trade-offs after a prolonged period of pricier food and everyday costs. Dollar Tree same-store sales for the company rose by 0.7% in the quarter.

Dollar Tree shares slide after discounter cuts full-year forecast

The Independent

 Some of Britain’s biggest lenders have been cutting mortgage rates this week, including sub-4% deals.NatWest launched a deal on Tuesday with the cheapest five-year fixed rate currently on the market, according to financial information website Moneyfacts.The rate sits at 3.71%, but borrowers will need to stump up a deposit of at least 40%. The NatWest deal also has a £1,495 fee.NatWest made various rate cuts to its mortgage ranges on Tuesday.Barclays also reintroduced some new mortgage products and reduced rates on a selection of deals on Tuesday.Barclays’ new products include a five-year fixed-rate mortgage at 4.05% for people buying...

Major banks cut mortgage rates in ‘positive signs’ for market

Connecticut State

DraftKings and White Hat Gaming were fined a total of $22,500 by the state of Connecticut for operating an online slot machine game that failed to pay any winners on more than 20,600 spins over one week in August 2023. The game, Deal or No Deal Banker's Bonanza, was advertised...

DraftKings fined in Connecticut for online slot machines that paid zero wins for a week

You never know what you're going to get on the days surrounding a 3 day weekend for financial markets, and that's doubly true when it corresponds with the final/first trading day of the month. Despite all of those potential curveballs, the bond market stayed calm enough for mortgage rates to do the same. Friday took rates slightly higher, but that modest move has been erased at the start of the new week/month.

Mortgage Rates Slightly Lower With Important Data Looming

President Joe Biden may try to forgive student debt again as early as next month, in a sweeping redo effort that could impact tens of millions of Americans. The relief package is almost certain to face legal challenges. President Joe Biden may try to forgive student debt again as early...

Biden may start forgiving student debt in October

New York City, NY

The US Sun

NEW York City real estate tycoon Brandon Miller had almost $34 million in debt before he died by suicide. Miller had only $8,000 in his bank account when he died in July, legal documents show. Miller was married to the influencer Candice Miller, who runs the popular lifestyle blog Mama and Tata. The second-generation businessman […]

Real estate mogul Brandon Miller left $34m in debt behind and had just $8k in bank account before he died by suicide

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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DeanLand

Three earthquakes were recorded in Georgia during August, the strongest a 2.4 magnitude which occured far outside of the area where Georgia earthquakes most often occur. The quakes were recorded and reported by the US Geological Survey, which maintains seismograph stations throughout the US.

Rare SE Georgia Earthquake Recorded in August, State's Farthest South in 10 Years

You've probably heard the oft-repeated adage that you should stay in a job for at least one year before switching. Like other popular career advice, the rule isn't an absolute, but you shouldn't ignore it entirely. Half of hiring managers are reluctant to move forward with a candidate whose resume...

It’s OK to quit your job after less than a year, says recruiter—but there’s a catch

CNBC's Jim Cramer reviewed Tuesday's market action, saying some of it seems more extreme than is warranted. "This market's so ridiculous, you can knock it over with a feather or take it up with a breeze," he said. While he acknowledged that the economy is slowing, he suggested that interest...

Jim Cramer calls Tuesday's market action 'ridiculous' as averages tumble

Kentucky State

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contributor

Northern Kentucky Tribune

This story was produced through a collaboration between the Daily Yonder , which covers rural America, and Climate Central , a nonadvocacy science and news group. On the day he would become homeless, Wesley Bryant was awoken by his wife, Alexis.

Some Kentuckians, like many rural Americans, are too poor to qualify for federal flood protections

Denver, CO

David Heitz

Despite touting its social equity programs, arrests for marijuana-related offenses in Denver skyrocketed 83% from 2022 to 2023 with 189 arrests, according to the city’s recently released 2024 marijuana report, “The Denver Collaborative Approach: Leading the Way in Municipal Marijuana Management.”

Denver marijuana arrests surge despite lower consumption, report reveals

Adriane Schwager has interviewed thousands of people during her 20-year career working in recruiting — and she's made hundreds of hires as a result. Finding the right people for her team is all the more important now that she's the CEO and co-founder of GrowthAssistant, a hiring platform that uses global talent to fill roles.

The 2 most underrated skills that will get you hired, from a CEO who's interviewed thousands

NewsBreak

Mortgage refinance demand is 94% higher than a year ago, as interest rates fall again

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.43% from 6.44%. Applications for a mortgage to...

Mortgage refinance demand is 94% higher than a year ago, as interest rates fall again

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