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How to score an ultra-low 30-year mortgage rate for your refinance

TipRanks

These 3 Penny Stocks Have Massive Upside Potential, Says Cowen

It’s a mixed bag when it comes to opinions on penny stocks. These tickers trading for less than $5 per share divide Wall Street like no other; market watchers either love them or hate them.It’s easy to understand the appeal. First and foremost, you get more bang for your buck. On top of this, with shares changing hands for bargain prices, even what seems like miniscule share price appreciation can translate to monstruous percentage gains. For some, however, the risk poses too great a threat to ignore. When you look under the hood of these low-priced names, you might find very real problems like poor fundamentals or looming headwinds.So, how are investors supposed to spot the penny stocks poised to go from rags to riches? By turning to the pros.With this in mind, we wanted to take a closer

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How to land an ultra-low 30-year mortgage rate for your refinance

Refinancing your home to take advantage of today’s lowest-ever mortgage rates has been one of 2020’s hottest crazes, right up there with baking your own bread, wearing joggers and making TikTok videos.



a fire hydrant in front of a house: How to get an ultra-low 30-year refinance rate


© @zekkino / Twenty20
How to get an ultra-low 30-year refinance rate

Homeowners this year have been refinancing at more than double the rate seen in 2019, according to research from Attom Data Solutions.

Plunging mortgage rates have given homeowners a major incentive to refinance and save. An estimated 19 million Americans could refi and lower their interest rates enough to slash their monthly payments by an average $299, says mortgage data firm Black Knight.

Rates have just dropped to their 10th record low this year, in the long-running weekly survey from mortgage giant Freddie Mac. Some lenders are advertising 30-year rates at 2.5% and even lower.

But borrowers need to hurry to beat a new refinance fee

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Tax Burden Equal to 70% Rate Crushes Americans Unable to Pay

A Professional Disinfecting Company Cleans Businesses As Ohio Weekend Virus Cases Remains High

Photographer: Ty Wright/Bloomberg

Millions of low-income Americans are locked into poverty thanks to U.S. tax policy, Federal Reserve Bank of Atlanta researchers say.

About a quarter of lower-income workers effectively face marginal tax rates of more than 70% when adjusted for the loss of government benefits, a study led by Atlanta Fed Research Director David Altig found. That means for every $1,000 gained in income, $700 goes to the government in taxes or reduced spending. In some cases, there are no gains at all.

Poorer families may rely on Medicaid insurance, welfare payments, food stamps, housing vouchers and tax credits that are based on family incomes. Small increases in wages can bring big losses of benefits, reinforcing a negative cycle in which workers aren’t rewarded if they improve their skills or pay.

“This is a perverse incentive that says you shouldn’t try to make yourself better,” said

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Tax Burden Equal to 70% Rate Crushes Americans Unable to Pay It

A Professional Disinfecting Company Cleans Businesses As Ohio Weekend Virus Cases Remains High

Photographer: Ty Wright/Bloomberg

Millions of low-income Americans are locked into poverty thanks to U.S. tax policy, Federal Reserve Bank of Atlanta researchers say.

About a quarter of lower-income workers effectively face marginal tax rates of more than 70% when adjusted for the loss of government benefits, a study led by Atlanta Fed Research Director David Altig found. That means for every $1,000 gained in income, $700 goes to the government in taxes or reduced spending. In some cases, there are no gains at all.

Poorer families may rely on Medicaid insurance, welfare payments, food stamps, housing vouchers and tax credits that are based on family incomes. Small increases in wages can bring big losses of benefits, reinforcing a negative cycle in which workers aren’t rewarded if they improve their skills or pay.

“This is a perverse incentive that says you shouldn’t try to make yourself better,” said

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How to score an ultra-low 15-year mortgage rate for your refinance

TipRanks

Needham Sees at Least 30% Upside Potential for These 3 Tech Stocks

Out on Wall Street, who has been leading the charge forward? Tech. After the space’s key players dragged the market lower in September due to overheated valuations, tech is once again at the helm.The rise in tech makes sense. The pandemic helped accelerate a move toward remote work and telecommuting, and this in turn has put a premium on tech products. From the 5G rollout, to improvements in semiconductor chips, to the expansion of IoT and smart device capabilities – tech is everywhere, and it’s growing fast.Bearing this in mind, we turned to Needham, which lands among the top ten on TipRanks’ list of Top Performing Research Firms, for some inspiration. The firm’s analysts highlight three tech stocks that appear especially compelling, noting at least 30% upside potential could be in store for each.We’ve used the TipRanks

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How to negotiate a better mortgage rate

Did you know that you can negotiate your mortgage rate? Here’s how to do it. (iStock)

As a soon-to-be homeowner, one of the most important steps of buying a home is securing an affordable mortgage rate. To secure the lowest rates, you may have to negotiate.

With that in mind, there are things home buyers should do when negotiating your mortgage rates. Armed with this knowledge, you should be able to use your negotiating power to the fullest and find lower rates. Here are five ways to negotiate a better mortgage rate:

  1. Compare multiple lenders and loan rates
  2. Ask a bank or lender to match other mortgage offers
  3. Use discount points
  4. Build up your credit card history and score
  5. Make a bigger down payment

1. Compare multiple lenders and loan rates

One personal finance tip shared all the time is to shop around for mortgage rates. This tip

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How to land an ultra-low 15-year mortgage rate for your refinance

InvestorPlace

7 Growth Hacks for a Bulletproof Electric Car Portfolio

For years, Tesla (NASDAQ:TSLA) was synonymous with electric car stocks. While other automobile manufacturers have toyed with electric vehicle technology, arguably none had put as much skin in the game as Elon Musk and company. But with the surge in demand for EVs, we’ve likewise seen a rapid rise in publicly traded corporations specializing in this field. But many are left wondering how to invest for growth in this exciting market without getting burned.
Undoubtedly, growth investing is a pivotal component for shorter-term and longer-term strategies. Even if your goal as a young investor is to facilitate a comfortable retirement, you most likely can’t get there by playing it safe. As with anything in life – whether making a career move or buying a house – you’ve got to take risks. At the same time, you can’t just throw money

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4 steps to a smooth mortgage refinance at a rock-bottom rate

4 steps to a smooth mortgage refinance at a rock-bottom rate
4 steps to a smooth mortgage refinance at a rock-bottom rate

Today’s mortgage rates are still among the lowest ever seen, with some lenders offering 30-year fixed-rate refinance lows at 2.50% or lower.

If you’re a homeowner with an existing mortgage, you might want to consider refinancing — even if your current loan is less than a year old. At the start of 2020, 30-year rates were averaging 3.72%, compared to just 2.90% now, according to mortgage giant Freddie Mac.

Refinancing at today’s record-low rates could save you a few thousand dollars a year in interest, and tens of thousands of dollars over the course of your loan.

If you think refinancing might be right for you, here are four steps to make it a success.

1. Be certain a refi is the right move

Before you commit to a refinance, there are a few important things you need to

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GA Unemployment Rate Falls To 5.6 Percent, Beats National Average

GEORGIA — The Georgia Department of Labor recently that for the month of August, Georgia’s unemployment rate was 5.6 percent, while the national unemployment rate stood at 8.4 percent. Along with outpacing the national rate, Georgia recorded a decrease of 2 percentage points since July and a seven-point drop since the beginning of the pandemic. The state reported a 12.6 percent unemployment rate in April and has seen a steady decrease since the initial surge.

“We anticipated a drop in the unemployment rate as we have seen many businesses reengaging in the economy and bringing employees back to work,” Commissioner of Labor Mark Butler said. “I believe our strong unemployment rate has a positive influence on the number of jobs we are seeing on EmployGeorgia.com. With an unemployment rate of less than half of what we registered in April and more than double the jobs available on our state job

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Applications Are Up At UC-Berkeley Haas, But Acceptance Rate Jumps, Too

The UC-Berkeley Haas Class of 2022 is the largest the school has ever enrolled. Campus, however, remains closed amid the coronavirus pandemic. File photo

For two years in 2016 and 2017, the acceptance rate at UC-Berkeley’s Haas School of Business was among the lowest of any B-school in the world. The Haas School’s 11.8% and 12% rates, respectively, put it in the rarefied company of Stanford GSB, Harvard Business School, and very few others in terms of selectivity. But beginning in 2018 and continuing last year — as all of the top 25 U.S. schools reached the nadir of a three-year decline in application volume — Berkeley Haas started to have to dig deeper to fill its ranks. The new reality was reflected in Haas’s 2019 acceptance rate, which climbed to 17.7%.

Then came Covid-19. Like most of its peers, Berkeley Haas extended its third-round application deadline this spring to

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