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Search resuls for: "Nationwide Mortgage"


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Elon Musk wants your 'entire financial life' on X: Report
  + stars: | 2023-10-27 | by ( Jake Piazza | In | ) www.cnbc.com   time to read: +1 min
Elon Musk, CEO of SpaceX and Tesla and owner of X, formerly Twitter, attends a U.S. Senate bipartisan Artificial Intelligence (AI) Insight Forum at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023. X owner Elon Musk is attempting to create a future in which X users can use the platform for their entire financial lives, according to a report from The Verge. "When I say payments, I actually mean someone's entire financial life," Musk said in the meeting, according to The Verge's article, citing audio it obtained. X is working on securing money transmission licenses across the U.S., The Verge reported. The company already has licenses for money transmission or money services in nine states, according to the Nationwide Mortgage Licensing System.
Persons: Elon Musk, Musk, Linda Yaccarino, It'll, it's, I'm Organizations: SpaceX, Tesla, Twitter, U.S, Senate, Artificial Intelligence, Capitol, Washington , D.C, Nationwide Mortgage Locations: Washington ,, U.S
News about mortgage rates comes out daily. But for most would-be homebuyers, up-to-the-minute financial information might not feel as important as the bigger-picture questions: How do mortgages work? "Borrowing to purchase property is probably the most important financial decision that most people are ever going to make in their life," she says. The average 30-year mortgage rate was above 10% for most of the 80s, cresting in 1981 at 18.39%. "One can never truly predict the future, but I don't see mortgage rates returning back to the 3% range in the remainder of my lifetime," he says.
Persons: Will, Mary O'Sullivan, Read, Jeff Ostrowski, Z homebuyers, Lawrence Yun, that's, Freddie Mac, you've, O'Sullivan Organizations: Nationwide Mortgage Brokers, Federal Reserve, Fed, cresting, National Association of Realtors, CNBC, PMI, Federal Housing Administration, Financial, Urban Institute
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