Mortgage Rates See Modest Drop Amid Market Adjustments
Article Summary Mortgage rates in the U.S. have declined slightly, offering a small relief to homebuyers navigating affordability concerns. According to Freddie Mac’s latest...
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BNPL Expands into Grocery as Inflation Pressures Persist
Article Summary The use of Buy Now, Pay Later (BNPL) services for grocery purchases is accelerating, with 25% of BNPL users now applying the option to food shopping—up from...
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PayPal Credit Introduces Physical Card
Article Summary PayPal Credit is expanding beyond digital transactions with the introduction of a physical payment card, issued by Synchrony, allowing customers to use their...
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BofA’s Head of Branches: ‘Proximity Is Still Important to People’
Article Summary Despite the rise of digital banking, Bank of America continues to emphasize the importance of physical branches in maintaining customer relationships and...
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Payments Firms Dominate Fintech Revenue Growth
Article Summary Payments firms continue to lead the fintech sector, accounting for $126 billion of the $378 billion in global fintech revenues in 2024. Despite fintech...
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Jobs Report Reflects a ‘Steady but Cautious’ Labor Market
Article Summary The May 2025 jobs report highlights moderate job growth, with 139,000 positions added and the unemployment rate holding steady at 4.2%. While hiring...
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SUV Lease Deals Offer Budget-Friendly Options
Article Summary 2025 brings a wave of attractive SUV lease deals, with many models available for under $300 per month. Automakers are eager to move inventory, offering low...
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Investors Retreat from Condo Market Amid Rising Costs
Article Summary: Investor purchases of condos have dropped to their lowest level in 10 years, with transactions falling 3% year-over-year in Q1 2025. Nearly 70% of condos...
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Mortgage Applications Decline as Home Prices Continue to Rise
Article Summary: Mortgage application activity fell for the second consecutive week as home prices continued to climb. The Market Composite Index, which tracks mortgage loan...
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When Financial Therapy Becomes a Necessary Step
Article Summary: Financial therapy is gaining traction as individuals recognize the emotional and psychological impact of money-related stress. The article highlights four...
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