Knowing a stockâs earnings per share can be a valuable portfolio benchmarking tool. Think of EPS as GPS for where a public company is on the value map, based on how profitable it has been. What is earnings per share? Itâs a ratio arrived at by taking a company’s quarterly or annual net income and […]
The post What Is Earnings Per Share & How to Calculate It appeared first on SoFi.
Posted To: MND NewsWire
The volume of mortgage applications for both home purchase and refinancing fell for the third straight time during the week ended February 19. The Mortgage Bankers Association (MBA) says its Market Composite Index, a measure of that volume, dropped 11.4 percent on a seasonally adjusted basis. It was the largest single week decline since the week ended April 3, 2020. On an unadjusted basis the index was down 10.0 percent. The Refinancing Index decreased 11 percent from the previous week but was still 50 percent higher than the same week one year ago. The refinance share of mortgage activity decreased to 68.5 percent of total applications from 69.3 percent the previous week. The seasonally adjusted Purchase Index dropped 12 percent and was 8 percent lower before adjustment. Activity was 7 percent…(read more)
Of the 3.2 million borrowers with mortgage delinquencies, keep on eye on the 626,000 with government loans in Ginnie Mae securities.
The post Mortgage delinquencies below 6% for first time since March appeared first on HousingWire.
For some investors, IRAs may be long-term, hands-off investment vehicles. That doesnât mean you should ignore them completely. This year, give a little love to your IRA and make sureâ¦
To achieve financial freedom and grow wealth over long periods of time, itâs vital to understand the concept of inflation. Inflation refers to the ever-increasing price of goods and services as measured against a particular currency. The purchasing power of a currency depreciates as a result of rising prices. Put differently, a rising rate of […]
The post 5 Tips to Hedge Against Inflation appeared first on SoFi.
When shopping for a mortgage, it’s very important to pick a suitable loan product for your unique situation. Today, we’ll compare two popular loan programs, the â30-year fixed mortgage vs. the 7-year ARM.â We all know about the traditional 30-year fixed â it’s a home loan with a 30-year duration and an interest rate that [&hellip
The post 7/1 ARM vs. 30-Year Fixed Mortgage: Pros and Cons first appeared on The Truth About Mortgage.
Even with all of the financial tech available at your fingertips, like online banking and mobile apps, it can still be a drag to deposit a check. Whether itâs trying to take a clear photo of the front and back to submit to the bank, which will deposit it pending review, or physically bringing it […]
The post How Long Does a Direct Deposit Take? appeared first on SoFi.
The total number of mortgages in forbearance declined seven basis points to 5.22%, according to the latest estimate from the Mortgage Bankers Association.
The post Forbearances fall for third week in a row, to 5.22% appeared first on HousingWire.
Mortgage rates shoot up to highest levels since mid-November The Washington Post
Zcash is a potentially private cryptocurrency that offers unique âshieldedâ features. The set-up allows for addresses and amounts in a Zcash transaction to be encrypted on the blockchain. Hereâs a guide to its privacy features, price performance, technology and history. What Is Zcash? Zcash crypto falls under the category of cryptocurrencies known as âprivacy coins,â […]
The post Guide to Zcash Cryptocurrency appeared first on SoFi.