yourmoney

Mortgage rates hit 7.5% for the first time since 2000 as house sales tumble to multi-decade low

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Mortgage rates hit 7.5% for the first time since 2000 as house sales tumble to multi-decade low 30-year mortgage rates increased throughout September ending at 7.53 percent Rates will likely remain high as the Fed indicated interest rates will rise again Home sellers are slashing prices as sales were at their lowest levels since 1995  By … Read more

America’s red-hot labor market FINALLY starts to cool: Private firms added 89,000 jobs in September -the slowest pace of growth since 2021

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America’s red-hot labor market FINALLY starts to cool: Private firms added 89,000 jobs in September -the slowest pace of growth since 2021  Private employers added just 89,000 jobs in September, new report shows Figures fall well below economist’s predictions of 160,000 Red-hot labor market has been repeatedly blamed for keeping inflation high  By Helena Kelly … Read more

Here are the most frequently drawn Powerball numbers

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Revealed: The ‘luckiest’ Powerball numbers in the last 8 years – as jackpot soars to $850 million By Neirin Gray Desai Consumer Reporter For Dailymail.Com Updated: 22:02 BST, 27 September 2023 An estimated $850 million Powerball jackpot will be up for grabs on Wednesday night – the world’s ninth-largest lottery prize of all time. Although no … Read more

The true cost of influencer culture: Americans spent $71 BILLION on social media impulse buys last year – with over half regretting their purchases

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The true cost of influencer culture: Americans spent $71 BILLION on social media impulse buys last year – with over half regretting their purchases Some 39 percent of adults purchased an item on social media in the last year Of those that made purchases, 57 percent said they regretted at least one Those who do … Read more

Fed holds steady on interest rates but hints a further hike could be on the way this year – what does it mean for YOUR pocket?

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The Federal Reserve has held interest rates steady – keeping benchmark borrowing costs between 5.25 and 5.5 percent.  The much-anticipated decision is the second time in six policy meetings this year that the central bank has not raised rates, slowing the pace of increases to allow time to assess the impact of its aggressive drive to … Read more

How inflation has hit YOUR pocket: Cost of gas and airline fares shot up last month – but dairy, bread and electronics are on the decline

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Household budgets suffered another blow in August as the rate of annual inflation ticked up for the second month in a row, new figures revealed today. The annual rate is now hovering at 3.7 percent – after falling to a low of 3 percent in June. And it remains well above the Fed‘s target of … Read more

Money TikToker reveals the four things to NEVER do when negotiating your salary

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Money TikToker reveals the four things to NEVER do when negotiating your salary Patrick Di Cesare said workers should not lie about having other job offers  He warned Americans not to weaken their negotiation stance by apologizing The financial guru revealed the tips to his 186,000 followers online By Tilly Armstrong Consumer Reporter For Dailymail.Com … Read more

I’m a banking expert, here’s the optimum credit score you need – anything above is just bragging

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While having a perfect 850 credit score may be impressive, you do not necessarily need it to secure the best deals. Once you hit 740 you are considered to have an excellent credit score for credit cards, auto loans and other non-mortgage products, according to Ted Rossman, senior industry analyst at Bankrate.  ‘For mortgages, I would … Read more