Author: Press Room
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were lower for 3-year loans and higher 5-year loans when compared to fixed-rate loans for the seven days before. For borrowers with credit scores of 720 or higher who used the Credible marketplace to select…
Dear readers/followers, I’ve been covering BE Semiconductors (OTC:BESIY), or just straight ‘BESI’ for a few years at this point, and I’ve also been an active investor in the company for a few years as well. In my last article, I maintained my neutral “HOLD” recommendation for the company and clarified that I was rotating my position in the company due to overvaluation. Since that time, this stance has outperformed. The company was by the market considered overvalued and has moved sideways – up 5.44% exclusive of dividends since my last article in December, which you can find here. The market…
A trading glitch on the New York Stock Exchange earlier this month has cost Interactive Brokers $48mn after it covered trades in Warren Buffett’s Berkshire Hathaway conducted as the price plunged 99 per cent.The brokerage revealed the hit — which is not material to its earnings — on Wednesday and said it was considering its options “including any claims at law it could assert against NYSE”.Berkshire Hathaway’s A shares were among several that plummeted unexpectedly on June 3, leading to trading halts at the exchange. The conglomerate’s shares tumbled to $185 from $622,000. The shares then rocketed as high as…
Medicare beneficiaries need to know the changes taking place in in 2024 and 2025. The changes begin with the inflation adjustments for various Medicare features. The monthly basic Part B Medicare premium increased by $9.80 (or 5.94%) to $174.70 on January 1. The annual Part B deductible increased by $14 to $240. The additional Part B premiums paid by higher-income beneficiaries under the Medicare premium surtax (also known as IRMAA) rose by about 8%. The maximum total monthly premium is $594.00. That top premium will apply to individuals who had adjusted gross incomes greater than $500,000 in 2022 and married…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The interest rate on a 30-year fixed-rate mortgage is 6.875% as of June 4, which is 0.115 percentage points lower than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.125%, which is unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate…
Missouri Attorney General Andrew Bailey announced that the U.S. District Court for the Eastern District of Missouri granted his motion to block what he called President Biden’s latest illegal student loan handout scheme. Bailey said that Congress never gave Biden the authority to saddle working Americans with half-a-trillion dollars in other people’s debt and that this is a huge win for the Constitution.Bailey told FOX Business exclusively that it’s a huge win for the rule of law. “The Constitution makes clear that Joe Biden does not get to thwart Congress when it suits his political agenda. The Constitution will continue…
Summer travel is heating up with the weather, but consumers are weary about spending too much. Nearly 71% of consumers blame inflation for impacting their road trip plans, an Experian survey found. A majority of survey respondents planned to spend an average of $1,000 on their trips this summer. Road trippers plan to spend the most on gas and accommodations.Auto insurance rates are also impacting travelers. Three out of four respondents to Experian’s survey are worried their rates will increase in the next year. This concern that rates will rise is causing a third of respondents to shop around for…
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