If you’re in the market for a house and are considering an “interest-only” mortgage, proceed with caution. With tightened lending standards amid ongoing economic uncertainty — coupled with continually rising home prices and persistent low interest rates — some borrowers may gravitate to these so-called interest-only loans, experts say. These are loans where you only
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Strategists say two factors are helping give legs to the global stock market’s Monday morning surge – bullishness about China and the view that central banks will backstop markets. A front page editorial in state-owned China Securities Journal is getting credit for fueling a strong rally in Chinese markets overnight that spread to global equities.
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Ali Jamal is the Owner and CEO of Stablegold Hospitality, a real estate investment company. Getty I’ve always been a strong believer in diversification, or in other words, not putting all of your eggs in one basket. Typically, when we want to learn about how to diversify our assets, the information provided through general research is
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People pass by the Salesforce Tower and Salesforce.com offices in New York City, March 7, 2019. Brendan McDermid | Reuters What seemed like a few decades ago, I mean in February, people used to occasionally ask “How’s business?” Despite usually responding, “Fine, thanks,” I would often think of the inquiry as two-part. One, and probably
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MoMo Productions With mortgage rates at record lows, it’s no wonder many Americans are refinancing their homes. Add to that the coronavirus pandemic and the economic recession, and the need to find extra cash or to cut expenses becomes even greater. In fact, refinance applications are 74% higher than a year ago, according to the
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Investors who take a sustainable approach to allocating capital may be reevaluating putting their money into Hong Kong after the city implemented a national security law, an analyst said on Friday. “That’s the one area of international capital flows that could be quite significant,” said Andrew Collier, managing director of Orient Capital Research, a research
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Warren Buffett‘s Berkshire Hathaway is finally pulling the trigger. The conglomerate is spending $4 billion to buy the natural gas transmission and storage assets of Dominion Energy. Including the assumption of debt, the deal totals almost $10 billion. It’s the first major purchase from Berkshire since the coronavirus pandemic and subsequent market collapse in March.
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The metals and mining sector is the industry dedicated to the location and extraction of metal and mineral reserves around the world. Global reserves of metals and minerals are mined for profit and then used in jewelry-making, industrial applications, and investments. The sector has a significant number of companies located internationally and operates with large revenues.
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Florida recorded a record number of new Covid-19 infections on Saturday, as a nationwide surge in cases forced the cancellation of many Independence Day celebrations — with the exception of two fireworks displays hosted by Donald Trump. A further 11,458 people in Florida tested positive over the previous 24 hours, the state’s health department reported on Saturday
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Investopedia publishes unbiased product reviews; our opinions are our own and are not influenced by payment we receive from advertisers. Learn more about how we review products and read our advertiser disclosure for how we make money. Figo may be a new player on the pet insurance scene, but this company is growing in popularity for its affordable pet
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The UK is in talks to join an EU plan to secure supplies of potential coronavirus vaccines in an important test of the co-operation required to tackle international emergencies after Brexit. London is assessing whether the advantages of the European bloc’s bargaining power to strike deals with international drugs companies outweigh the broader political desire
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Revenue vs. Income: An Overview Revenue is the total amount of income generated by the sale of goods or services related to the company’s primary operations. Revenue, also known as gross sales, is often referred to as the “top line” because it sits at the top of the income statement. Income, or net income, is a company’s total earnings or profit. When investors and analysts
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2-8a Rutland Gate in Knightsbridge was bought by a Hong Kong investor for $264 million Beauchamp Estates London’s prime housing market is seeing strong interest from Hong Kong and mainland Chinese buyers, with real estate agents reporting above-average levels of investment. London-based estate agency Beauchamp Estates reports that over the past 6 months it has sold
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Chris McAllister is the Founder of Real Estate Brands Ltd, the franchising entity for ROOST Real Estate Co. and Lucky Town Real Estate Co. Getty The real estate market has never been tighter. I have been licensed for 20 years now, and I have never seen the market more aligned with the interests of sellers and residential
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Tourists pass by a homeless man sitting on Hollywood Blvd, Hollywood, California on June 12, 2020. Mark Ralston | AFP | Getty Images Eviction moratoriums nationwide are set to expire later this month, potentially thrusting tens of thousands of people into a housing crisis.  Congress in March passed a federal mandate prohibiting evictions or foreclosures
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