24/7 Wall St

PennantPark Floating Rate Capital Is Paying Out 171% of Earnings and That’s a Problem

PennantPark Floating Rate Capital (PFLT) pays out 171% of earnings as dividends. Net income fell 27.8% year-over-year to $66.4M. PennantPark’s debt surged 50.9% to $1.78B. The debt-to-equity ratio ...
The Washington Post

Scientists thought they understood global warming. Then the past three years happened.

The last 30 years are the fastest warming period since 1880, according to a Washington Post analysis of NASA data. Warning: This graphic requires JavaScript. Please ...
CNBC

A surprising share of homeowners have high mortgage rates. Here's the breakdown

If the average on the 30-year fixed mortgage moved to 6%, 5.5 million current homeowners would be able to benefit from a refinance. About 20% of borrowers have mortgages with a rate over 6%. A ...
The New York Times

Tips for Lowering Your Credit Card Interest Rate

The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt. By Ann ...
CNN

The Fed just paused its rate cuts. Here’s the best way to make that work for your money

After weighing a slightly lower unemployment rate and a hiring slowdown with small increases in inflation in December, the Federal Reserve on Wednesday decided to leave its key overnight lending rate ...
Wall Street Journal

Life Insurance Cost: How Rates are Determined

Find out how life insurance rates are determined and how to compare rates and shop around for a better deal Written By Written by Insurance Staff Writer, WSJ | Buy Side Kimberly Lankford is an ...
Fox Business

Mortgage rates tick higher but remain near 3-year low

Mortgage rates ticked higher this week but remain the lowest in three years, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed ...
AOL

Average US long-term mortgage rate edges higher, but still near lowest point in more than 3 years

The average long-term U.S. mortgage rate ticked higher this week, but remains near its lowest level in more than three years. The benchmark 30-year fixed rate mortgage rate rose to 6.09% from 6.06% ...
24/7 Wall St

How Rising Interest Rates Change Safe Retirement Withdrawal Plans

2020-2021 retirees faced 15-20% portfolio losses and should cut withdrawal rates to 3%. New retirees can sustain 4.5-5% withdrawals with current bond and dividend yields at 4-5%. Retirees with ...
CNN

Mortgage rates fall to lowest level in more than three years

The average 30-year fixed mortgage rate was 6.06% for the week ending January 15, according to Freddie Mac. The last time home borrowing rates were this low was September 2022. Experts hope the drop ...
NBC News

Mortgage rates just fell below 6% for the first time in years

Mortgage rates on Friday fell below 6% for the first time in years, after President Donald Trump ordered his “representatives” to begin buying $200 billion worth of mortgage bonds, his latest push to ...