How to use a mortgage rate lock to secure a low interest rate
Mortgage rates can change from day to day, depending on factors like the economy, inflation, and the job market. A 30-year fixed-rate mortgage may look like a great deal on a Monday, only to move higher or lower on Tuesday.
A mortgage rate lock can be a way to get ahead of those fluctuations because it guarantees your lender won’t change the rate it’s promised you,
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Read MoreWill high yield savings interest rates go back up in 2021?
Like many things during the pandemic, high-yield savings accounts have taken a hit in recent months. A few years ago (think early to mid-2019), you could secure an interest rate of over 2% on these accounts. Now? Averages are just 0.5%.
Fortunately, “what goes around comes around,” as they say,
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Read MoreTaiwan Semiconductor's Revenue Is Booming. Is the Stock a Buy?
Taiwan Semiconductor’s revenue is growing above projected rates.
Companies listed in the U.S. are only required to divulge their financials once per quarter. However, some companies offer more information to investors to keep them better informed on the current state of the business.
Taiwan Semiconductor Manufacturing (TSM 0.84%) —
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Read MoreStock market today: Indexes mixed as traders look to recover from chip sell-off
- US stocks wavered on Wednesday as traders looked to recover from a sell-off in the chip sector.
- ASML shares continued to decline after issuing weak guidance for next year.
- Investors are digesting more earnings. Morgan Stanley beat estimates on strong investment banking activity.
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Read MoreShould You Buy Tesla Before Wednesday?
In this week’s video, I discuss need-to-know news items related to Tesla (NASDAQ: TSLA) during the week of Oct. 14.
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Read MoreThe Burst
The Ivy
Will SoFi Crash the Market?
SoFi Technologies is a lender and online bank that has recently received some troubling publicity. A warning was recently issued from Acting Comptroller of the Currency Michael Hsu, bringing heat to SoFi’s (SOFI) stock.
Like most tech stocks,
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