Average 30-year US mortgage rate climbs to 6.58%, highest level in nearly a year
The average long-term U.S. mortgage rate climbed this week to its highest level in nearly 12 months, pushing up borrowing costs for prospective homebuyers at a time when rising oil prices are already squeezing household budgets.
The benchmark 30-year fixed rate mortgage rate rose to 6.58% from 6.55% last week, mortgage buyer Freddie Mac said Thursday.
Read MoreWhy your retirement experience may depend more on the agency than the benefit
As federal employees transition into retirement, they also transition from familiar routines. After many years, if not many decades, of knowing where to go when it is time to access or change their federal benefits, retirement creates a need to learn new methods of communicating with new organizations. For health benefits, life insurance and,
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Read MoreDemocrats say Social Security boss’ message pushed misleading statements on Trump tax law’s benefits
By MIKE CATALINI
Some Democrats are squaring off with President Donald Trump’s administration over one of the most potent political issues in the country ahead of this year’s midterm elections: Social Security.
The social safety net program that financially supports more than 70 million people — mostly retirees but also those with disabilities — was at the center of a critical letter some Senate Democrats sent to Social Security Commissioner Frank Bisignano.
Read MoreFans fume as Travis Kelce’s retirement plans may have been revealed by NFL legend
Could 2026 be it for Travis Kelce?
Not long after his July 3 wedding with Taylor Swift, Travis Kelce was seen on Instagram with former Vikings wide receiver Cris Carter, who may have revealed 2026 will be Kelce’s final NFL season.
“Know the goat is preparing for THE LAST DANCE. Next stop Canton/HOF,” Carter wrote.
Read MoreBest mid-cap mutual funds: 12 funds delivered over 18% 10-year SIP returns
Mid-cap mutual funds have rewarded disciplined investors over the long run, with a majority of schemes delivering strong returns through systematic investment plans (SIPs). Data from Value Research shows that 12 mid-cap mutual funds generated annualised SIP returns of more than 18% over the past 10 years, highlighting the category’s wealth-creation potential despite periodic bouts of market volatility.
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Read MoreThe Burst
Get $50,000 Per Year From $3,000 Annual Investment?
Most people think of index funds as boring but that’s because the majority don’t have a good understanding of how these funds actually work. To simplify it, consider the following analogy.
Imagine you’re betting at a horse race but you don’t know which horse will win so you’re permitted to bet on all the horses and whoever wins you win.
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Read MoreThe Ivy
How To Get Rich Trading: Step by Step Guide
Warren Buffett famously commented that he didn’t have to better at stock picking than others, he just had to be more disciplined.
Seems simple to say but look back at your trading and you’ll see why it’s so insightful. How many times did you sell when you got scared or buy when you got greedy?
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Read MoreThe Spotlight
1 Stock So Cheap It’s a STEAL?
Crocs started selling its trademark footwear in 2002, and it rapidly became an iconic American brand. Before long, the shoes gained a global following, and today, more than 720 million pairs have been sold in 90+ countries.
Originally, there was just one style — a soft, lightweight sandal made from Crocs’ proprietary Croslite material.