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Mortgage interest rates fell this past week, but not by much. Rates for 30-year mortgages averaged just a hair under 7% at 6.99%, Freddie Mac reported in its weekly rates report. Last week’s average for 30-year fixed-rate mortgages was just over 7%. Both last week’s and this week’s rates are…

Back in February, used electric vehicle prices dipped below used gasoline-powered vehicle prices for the first time ever, and the pricing cliff keeps getting steeper as car buyers reject any “premium” tag formerly associated with EVs.The decline has been dramatic over the past year. In June 2023, average used EV…

At this time of year, a reservation with Chill RV Rentals isn’t usually the easiest to come by. The Los Angeles-based company’s 16-camper fleet is typically booked solid, with the RVs oftentimes reserved weeks in advance. That’s just not the case this year, said Nika Shneyder, who started the recreational…

Meme stocks are back, with the investor Keith Gill (better known as “Roaring Kitty”) back on Reddit (NYSE:RDDT) promoting GameStop (GME). Though news of this broke after the close of Reddit’s first quarter, we were already seeing tremendous traffic growth from the company, which has helped to boost revenue growth…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Leaders of France’s leftwing New Popular Front moved to shore up their new alliance for forthcoming snap elections after it was rocked by a far-left party purge of moderates.Far-left leader Jean-Luc Mélenchon…

One of the most knowledgeable financial advisors I’ve ever observed had one of the worst communication tendencies one could have in such a role: He constantly interrupted when clients were talking. But it was worse than you think. Although I’m fairly sure it was subconscious, it was almost as though…

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…

Investors worried about concentration risk in the market may want to consider value-oriented investments.Avantis Investors chief investment strategist Phil McInnis suggests taking a more diversified approach than simply looking at index funds such as the S&P 500. He thinks his firm’s exchange-traded fund strategy can provide better returns in the…

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