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Unless the economic outlook changes, mortgage rates may hold steady for the rest of 2024. If they were to weaken unexpectedly, that could spur the Fed to cut rates more aggressively, which in turn could push mortgage rates down further. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. But now that inflation has decelerated and the Fed is expected to cut rates soon, mortgage rates have trended down. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.
Persons: you'll, They've, they've, Freddie Mac, it's, Fannie Mae Organizations: Fed, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Mortgage, Association Locations: Chevron
SKIP AHEAD How I tried the Apple Watch Series 9 | Why I love the Apple Watch Series 9 | What I don’t love about the Apple Watch Series 9 | What’s Apple’s return policy? What to know about the Apple Watch Series 9The Apple Watch Series 9 replaces last year’s Series 8 model, one of our favorite smartwatches and fitness trackers. What I like about the Apple Watch Series 9Like its predecessors, the Apple Watch Series 9 is easy to use. What I don’t love about the Apple Watch Series 9Out of the box, the Apple Watch has always been smart, notifying me about everything — my group texts, multiple email inboxes, reminders to stand up and more. Only products purchased directly from Apple, either online or at an Apple store, can be returned to Apple — an Apple Watch purchased through Amazon follows Amazon’s return policy.
Persons: What’s Apple’s, Siri, Jet Black, Rose Gold, Harry Rabinowitz I’ve, I’ve, Harry Rabinowitz, TikTok Organizations: Apple, Garmin, Samsung, Google, Apple’s Health, Apple Watch, Amazon, NBC, Facebook, Twitter
Self-compassionate touch, which can be practiced anywhere, can include stroking the upper arms like a hug. Milko/E+/Getty ImagesThe study showed a single 20-second session of self-compassionate touch significantly reduced stress, increased kindness to the participant and improved mental well-being. However, Hafeez noted that while self-compassionate touch showed similar mental health benefits to long-term therapy, it is not a complete substitute for it — especially among those with diagnosed mental health conditions. Instead, she advised people to think of self-compassionate touch as an added tool for their mental health toolbox. The study results showed the more people make self-compassionate touch a habit, the greater the mental health benefits.
Persons: Eli Susman, Susman, ” Susman, , , , Sanam Hafeez, Susan Evans, ” Evans, Hafeez, It’s, “ It’s, Jocelyn Solis, Moreira Organizations: CNN, University of California, Research, College, Weill Cornell Medical College Locations: Plum, France, Berkeley, New York City, New York
Now that the Fed has cut rates, mortgage rates may not drop much further in the near term. But if the Fed doesn't lower rates as much as expected this year, mortgage rates may hold steady or even inch up. But rates are still expected to come down further, so it may also be worth waiting to see how low mortgage rates go. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile.
Persons: Lawrence Yun, you'll, they've, Freddie Mac, it's, Fannie Mae Organizations: Federal Reserve, Wednesday, National Association of Realtors, Consumers, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed, Mortgage, Association Locations: Chevron
The Federal Reserve is widely expected to start cutting interest rates Wednesday afternoon. Those yields are expected to start coming down sharply as the Fed begins to ease back on generationally high rates. Adding some duration Duration refers to a bond's price sensitivity to changes in interest rates. A bond yield moves inversely to its price, so that when bond prices rise, yields decline. Though investors in the space may be concerned about prepayment risk, especially as interest rates come down and homeowners look to refinance, Cetera says that worry may already be priced in.
Persons: Kathy Jones, Tony Miano, Jones, Schwab's Jones, Gene Goldman, Goldman, James Shagawat, Shagawat Organizations: Federal Reserve, Treasury, Schwab Center, Financial Research, Wells, Wells Fargo Investment Institute, York Life Investments, Investment Management, Investors Locations: Wells Fargo, AdvicePeriod, Paramus , New Jersey
Read previewThe Philippines has withdrawn one of its key patrol vessels from the South China Sea, where tensions with China have been growing in recent months. But, he added, its presence in the waters had been "further complicated by the structural damage to the vessel resulting from the deliberate ramming by the China Coast Guard on August 31, 2024." AdvertisementThe Teresa Magbanua has operated since April around Sabina Shoal — a disputed island in the South China Sea that has become a key flash point between the Philippines and China. Earlier this month, the Philippines' Rear Adm. Roy Vincent Trinidad told the Daily Tribune that the Teresa Magbanua had been outnumbered by more than 50 Chinese ships. China "has indisputable sovereignty over Xianbin Jiao and its adjacent waters," Liu Dejun, a spokesperson for China's Coast Guard, said, using the island's Chinese name.
Persons: , Jay Tarriela, BRP Teresa Magbanua, Teresa Magbanua, Tarriela, Roy Vincent Trinidad, Lucas Bersamin, Xianbin Jiao, Liu Dejun, Teresa Magbanua's, Alexander Lopez, Lopez Organizations: Service, Coast Guard, BRP, Philippine Coast Guard, Business, China Coast Guard, South China, coastguard, Daily Tribune, National Maritime Council, Armed Forces, Guard, China's Coast Guard, Reuters, Sunday Locations: South China, China, Philippines, Sabina, South, Philippine, China's, Sabina Shoal, Xianbin
Mortgage rates probably won't drop much further if the Fed cuts rates, unless central bankers opt for a larger-than-expected cut. 30-Year Mortgage RatesAverage 30-year mortgage rates have been dropping this month and are now down near 5.70%, according to Zillow data. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.
Persons: you'll, they've, Freddie Mac, it's, Fannie Mae Organizations: Federal Reserve, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed, Mortgage, Association Locations: Chevron
The third-quarter estimated tax deadline for 2024 is Sept. 16, and skipping a payment could trigger a penalty, according to the IRS. Some filers also need estimated payments if they haven’t withheld enough taxes from a full-time or part-time job. Estimated payments can help avoid “refund disappointment or balance due shock,” said Mark Steber, chief tax information officer of Jackson Hewitt. For 2024, the quarterly estimated tax deadlines are April 15, June 17, Sept. 16 and Jan. 15, 2025. You can use your online account, IRS Direct Pay or the U.S. Department of the Treasury’s Electronic Federal Tax Payment System, or EFTPS.
Persons: , Mark Steber, Jackson Hewitt, there’s, Tricia Rosen, Virgin Organizations: Taxpayers, IRS, U.S . Department Locations: Newburyport , Massachusetts, Puerto Rico
The third-quarter estimated tax deadline for 2024 is Monday, Sept. 16, and skipping a payment could trigger a penalty, according to the IRS. Typically, you need estimated payments for any income without tax withholdings, such as earnings from self-employment, contract or gig economy work and investment or retirement income. Some filers also need estimated payments if they haven't withheld enough taxes from a full-time or part-time job. Estimated payments can help avoid "refund disappointment or balance due shock," said Mark Steber, chief tax information officer at Jackson Hewitt. You can find adjusted gross income on line 11 of Form 1040 from your 2023 tax return.
Persons: Mark Steber, Jackson Hewitt, Organizations: Finance, Security Locations: Washington
Read previewTensions between the Philippines and China have heightened around contested waters in the South China Sea in recent months. In recent months China has engaged in increasingly aggressive operations against the Philippines around the disputed islands of Sabina Shoal, Escoda Shoal, and Second Thomas Shoal in the South China Sea. Chinese Coast Guard holding knives and machetes as they approach Philippine vessels in the disputed South China Sea on June 17, 2024. A Chinese Coast Guard firing a water cannon at a Philippine Navy-chartered vessel resupplying troops stationed at Second Thomas Shoal in March 2024. AdvertisementSpeaking at a conference, he said that the "escort of one vessel to the other is an entirely reasonable option within our Mutual Defense Treaty."
Persons: , Collin Koh, Thomas Shoal, Second Thomas, Jay Tarriela, Timothy Heath, Heath, Koh, Shoal, Ezra Acayan, Samuel Paparo, Alexander Lopez, Sari Arho Havrén Organizations: Service, Institute of Defence, Strategic, Singapore's Nanyang Technological University, Business, coastguard, Mutual Defense Treaty, RAND Corporation, Coast Guard, Armed Forces, AP, Congressional Research Service, China, Philippine Navy, Navy, Air Force, Pacific Command, Mutual Defense, Philippine National Maritime Council, RAND, Royal United Services, Democrats, Republicans Locations: Philippines, China, South, Sabina, South China, Philippine, Second, Sabina Shoal, Asia, Ukraine, Israel
CNN —Having trouble navigating the complicated, often frustrating, world of airline loyalty programs? 1 airline rewards program, according to the rankings. Last week, the US Department of Transportation announced a consumer protection probe into US airlines’ loyalty programs. World’s top 10 airline rewards programsHere are the top 10 programs globally and their scores on a 100-point scale, according to Point.me’s analysis:1. SeongJoon Cho/Bloomberg/Getty ImagesNorth America’s top 10 airline rewards programsHere are the top 10 programs in North America and their scores on a 100-point scale, according to Point.me’s analysis:1.
Persons: CNN —, , Tiffany Funk, Point.me, Canada’s Aeroplan, Funk, Delta, Avianca, they’re, ” Funk, SeongJoon Cho, Allegiant Organizations: CNN, Air France, KLM, Air, United, ” United Airlines, Virgin Atlantic, British Airways, JetBlue, Delta Air Lines, Delta, North, Canada’s, Qatar Airways Privilege, Cathay Pacific, Singapore Airlines KrisFlyer, US Department of Transportation, American Airlines, Southwest Airlines, United Airlines, Air Canada, British Airways Executive, Virgin Atlantic Flying, Alaska Airlines, JetBlue TrueBlue, Bloomberg, Getty, Southwest Airlines Rapid, Airlines, Spirit Airlines, Qatar Airways, Cathay Locations: Alaska, Latin America, East, Africa, Cathay Pacific Asia Miles, Asia, Pacific, Air France, North America, Europe, Middle East, Oceania
George Kinder Kinder Institute'You should be focused on your dream of freedom'Greg Iacurci: What is the basic premise of the life planning movement? George Kinder Kinder InstituteGI: But that's not necessarily to say that the way that people are saving is wrong, right? Maybe you're doing more remote work. Maybe you're already looking at where it is you want to stay, and figuring out how, in a year or two, you can spend three months there. So you're moving actively toward the freedom as part of the program of financial planning, of your financial life.
Persons: George Kinder, Greg Iacurci, I've, they've, It's, you've, it's, they're Organizations: George Kinder Kinder Institute, GK, Street, Kinder Institute of Life Locations: West Virginia, Ohio
College still pays off, but the return on investment largely depends on your choice of major. College graduates earn 37% more than those with only a high school diploma, according to a new report by Payscale. But as the cost of a degree rises, it is increasingly important to consider both your area of concentration and future earnings potential before taking out student loans to pay for college, most experts say. Often, a good rule of thumb is not to borrow more than you expect to earn as a starting salary. To that end, Payscale ranked which majors are the most financially rewarding, after accounting for salaries at the entry level and median income years down the road.
Persons: Amy Stewart, Payscale's Organizations: College, Payscale, Finance
Read previewThe Philippines says it has stepped up its naval patrols and air surveillance around a disputed island in the South China Sea to counter the growing number of Chinese vessels in the area. In June, Chinese coast guards armed with swords and knives attacked Philippine vessels in the contested waters, resulting in injuries and one soldier losing a thumb. Chinese coast guards holding knives and machetes as they approached Philippine troops in the disputed South China Sea in June. "We once again warn the Philippines to face reality and give up illusions," Liu Dejun, a spokesperson for China's coast guard, said. Advertisement(Vietnam, Malaysia, Brunei, and Taiwan also lay claim to parts of the South China Sea.)
Persons: , Roy Vincent Trinidad, BRP Teresa Magbanua, Trinidad, Sabina Shoal, Jay Tarriela, Tarriela, Teresa Magbanua, Liu Dejun, Liu, Sari Arho Havrén, Collin Koh, Koh, Adm, Samuel Paparo, Alexander Lopez Organizations: Service, Coast Guard, Navy, Air Force, Daily Tribune, Business, BRP, Armed Forces, AP, The Daily Tribune, Liberation Army Navy, US Department of State, Royal United Services Institute, Institute of Defence, Strategic, Singapore's Nanyang Technological University, CNN, Pacific Command, Mutual Defense, Philippine National Maritime Council Locations: South, Philippine, Sabina, Escoda, China, Philippines, South China, China's, Sabina Shoal, Vietnam, Malaysia, Brunei, Taiwan, Washington, Manila
For example, Apple at nearly a 6% weighting and Nvidia with a nearly 5% weighting are our top two stocks holdings in the Club portfolio. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Kimberly S, Jim, let's, Jim Cramer's Organizations: Apple, Nvidia, Club, AMD, Jim Cramer's Charitable, CNBC Locations: Massachusetts,
AdvertisementAs someone who's also been dating through whatever it is we've been doing romantically since 2020, I've noticed that my dating costs are going through the roof. How much should a date cost? For alcohol-free drinkers, the average price of a coffee is about $6 in New York City, which is comparable with other markets. Meanwhile, an informal 2022 report found that the average cost of a full body wax was $152, and Cosmopolitan reported in January that low-end forehead Botox would cost you $300. But even with the high up-front cost of dating, getting into a long-term relationship might pay off in the long run.
Persons: Ben Keenan, he's, Keenan, , who's, we've, I've, Amy Nobile Messing, Damona Hoffman, Poyser, Messing, there's, Hoffman, Caesar, Josh rosé, Andy Kiersz, they'd, would've, aren't, Keenan's, daters Organizations: American Museum of, Business, Inmar Intelligence, Cosmopolitan, HingeX, Seattle, Bills Locations: Seattle, New York City, Los Angeles, Hudson , New York, New York, America
Four bitcoin wallets that led to sex-trafficking fugitive Michael Pratt's capture are seen in the bottom left corner. AdvertisementFrom Michael Pratt's 2019 criminal complaint. Federal prosecutors say Pratt increased traffic by forwarding each victim's video link to her school, work, family, and social connections. Michael Pratt's Swiss ID and Barcelona Mailboxes Etc. AdvertisementThese days, DeBarber runs the Baltimore-based Phoenix AI cybersecurity firm with cofounder Justine Li, a Girls Do Porn victim and plaintiff.
Persons: , Michael James Pratt —, Pratt, Michael Pratt's, Michael Pratt, it's, Charles DeBarber, ike, ake, ould, ong, hough, erving, J ames, rove, ratt, ong K ong, egan, ove, arlene, lew, anni, rooke,, rian H olm,, wiss Organizations: Service, Spanish, Business, Spain's Policia Nacional, Policia Nacional, ust Locations: New Zealander, Madrid, Southern California, Spain, bitcoin, omiting,, ife, ictim
Mortgage rates have plunged in recent days, leaving many homeowners wondering if they should refinance their mortgages. DON'T MISS: Achieve Financial Wellness: Be Happier, Wealthier & More Financially Secure Another consideration is the loan term, which determines how much total interest you will pay on the loan. You can run the numbers through a mortgage refinancing calculator. Of course, with refinancing you'll want to scrutinize the terms of the new agreement to ensure that there are no surprises. You could wait for mortgage rates to drop further
Persons: Dean Tsantes, Hazel Secco Organizations: Mortgage Locations: Virginia, New Jersey
Read previewMeta is counting on Gen Z's love of a good deal to attract more young users to Facebook. Facebook Marketplace has "seen particular traction with young adults" and has been "one of the drivers of strength in young adults" for Meta, said CFO Susan Li during Meta's Q2 earnings call last month. Among social media users, Marketplace is the most popular social commerce platform, according to Capital One Shopping research. AdvertisementIn an average month, up to 1.228 billion online shoppers worldwide make a purchase from Facebook Marketplace, and 51.2% of all social media users made their latest social media purchase from it. Thanks in part to Marketplace, Zuckerberg is "particularly pleased with the progress that we're making with young adults on Facebook," he said in the earnings call last month.
Persons: , Z's, Mark Zuckerberg, it's, Gen, Zuck, Meta, that's, Susan Li, Max Willens, Willens, Karissa Franklin, Franklin, Zuckerberg Organizations: Service, Facebook, Business, Meta
I'm a financial planner with several easy steps you can take now that will set you up for financial success. These funds should be placed in an easily accessible FDIC-insured high-yield savings account. Park your cash in a high-yield savings accountA common financial mistake people in their 20s make is letting their savings sit in a low-yield checking or savings account. Keep in mind that online banks offer most high-yield savings accounts, so you won't have access to a physical branch. Many online high-yield savings accounts, like Discover, allow you to manage multiple savings accounts under one login, making this strategy even more convenient.
Persons: , Benjamin Graham, Schwab, doesn't Organizations: Service, Fidelity, Vanguard
Sixty metres into the men’s 100-metre Olympic final in Paris and Noah Lyles is third. AdvertisementThe headline is Lyles winning by five-thousandths of a second in the closest men’s 100m Olympic final ever — and the hardest for which to qualify. Lyles (9.78sec) ran the fastest time in an Olympic 100m final since Bolt’s Olympic record (9.63) in London back in 2012. The final frontier for him to become Olympic champion was the start… so here’s the story of how a 75-year-old and a stickman helped give Lyles the edge. At Lyles’ training base in Clermont, Florida, Mann, now 75, has a marquee set up by the side of the track.
Persons: Noah Lyles, Fred Kerley, Jamaica’s Kishane Thompson, Lyles, Usain Bolt, , Ralph Mann, , Mann, Lyles ’, Tim Clayton, Corbis, you’ve, Mario, ” Lyles, , imploring Mann, Christian Coleman, Coleman, Letsile, Thompson, Marcell Jacobs, Jacobs, Akani, he’s, Noah, Steve Magness, Simbine, — Mann, “ Ralph Mann, Andy Cheung Organizations: Getty, Olympic, Olympics, Stade de France, U.S, Paris Diamond League, Thompson's Locations: Paris, London, Clermont , Florida, Glasgow, Tokyo, Seville, Lyles, 6.41sec, 3.35sec
Clermont County Common Pleas Judge Richard Ferenc sentenced Chad Doerman, 33, to three life terms without the possibility of parole for the killings of Clayton, 7; Hunter, 4; and Chase, 3. Chad Doerman followed him and repeatedly fired, striking the boy, Tukelve said. Laura Doerman’s daughter, then 14, had seen Hunter’s killing and followed Clayton and Chad Doerman from the house. After the boy ran to his mother, there was a struggle over the gun and Laura Doerman pressed her finger into the barrel. “Ultimately she had to drop Chase.”When she did, Tukelve said, Chad Doerman shot the boy once in the head, killing him.
Persons: Richard Ferenc, Chad Doerman, Clayton, Hunter, Chase, Ferenc, Doerman, , Laura Doerman, Mark Tekulve, , Tukelve, Laura Doerman’s, ” Tukelve, , he’d, hadn’t, Chad Doerman's Organizations: Cincinnati Enquirer Locations: An Ohio, Clermont, Clermont County, Monroe Township, Cincinnati
Advertisement"I had a full-time job at the time, and I even had a property manager managing the properties," Cabrera said. Dutton, who has dealt with sellers wanting out, says even property owners trying to offload the problem can lose money in the process. This way, if one unit loses money for whatever reason, the other units will continue to cash flow. In terms of considerations when thinking about the location of an investment property, Dutton noted that one of the biggest expenses buyers often miss, especially in places like South Florida, is property taxes. Another tax mistake buyers make is checking the current property tax and assuming they will pay the same amount.
Persons: it's, Whitney Dutton, Daniel Cabrera, Cabrera, Cabrera isn't, Shelby Johnson, Johnson, Dutton, Chrissy Grigoropoulus, Grigoropoulus Organizations: Service, Native Realty, US Army Locations: South Florida, San Antonio, North Carolina, Florida, New York's Nassau County, New York
Read previewWhen my older daughter turned 10, we held her birthday party at an arts and crafts center in the mall. Kid-led birthday parties allow kids to practice practical skills every step of the way, taking work off the parents' plates. There are different expectations with park parties because people can bring potluck dishes. My kids decorated the gift bags for the park party — a wonderful rainy Sunday afternoon activity. The bunny paper crafts, purchased online for $10, kept the kids just as busy as the mall art center projects.
Persons: , goody Organizations: Service, Business
Aurélien Quinion, a French race-walker who competed on Thursday, had a dramatically different experience ahead of the 20km final. Quinion instead was at his wife’s bedside at 2 a.m. Paris time as she gave birth to their baby girl, Charlie. The French athlete eventually got about 30 minutes of something approaching sleep before getting in a taxi and heading to the race, less than six hours after Charlie entered the world. In a statement released by the French Athletics Federation, Quinion said mother and daughter were both doing well. Quinion finished ninth in the event, setting a personal best of 1:19:56.
Persons: Aurélien, Quinion, Charlie, , It’s Organizations: Paris CNN —, French Athletics Federation Locations: Paris
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