Robinhood Opens Cryptocurrency Trading

More than 4 million people have signed up to open accounts at Robinhood Markets Inc. as the brokerage app begins offering commission-free trading of Bitcoin and Ethereum today for the first time. The Palo Alto, California-based firm, which first gained traction by offering a free stock-trading app, said
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Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages rose to 4.40 percent, up slightly from 4.38 percent last week. It's the seventh straight weekly increase and the highest rate since April 2014. The rate on 15-year, fixed-rate loans rose to 3.85 percent from 3.84 percent last
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It's been an up and down ride for mortgage rates over the past twenty-four hours. The FOMC minutes yesterday created some market jitters that moved rates higher, but then today we saw a reversal with rates moving back down toward levels that we saw at the start of the week. Read on for more details.
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“Broken Heart” is among dozens of fortune-telling businesses on the street, packed between cheap clothes and cosmetics shops. Business is brisk. Other stores offer the Korean arts of face-reading, palm-reading—one entices clients with a detailed mapping of Barack Obama's raised hand at his
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MCLEAN, VA–(Marketwired – Feb 22, 2018) – Freddie Mac ( OTCQB : FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed mortgage rate increasing for the seventh-consecutive week. News Facts. 30-year fixed-rate mortgage (FRM) averaged
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NEW YORK, Feb. 22, 2018 /PRNewswire/ — ArborCrowd, an online commercial real estate crowdfunding company, announced the opportunity for investors to own equity interest in a multifamily property with tremendous upside potential. Tower on Ryan Park (the Property) is a 141-unit, high-rise
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In 2017, through entities such as Fannie Mae and Freddie Mac, the Treasury guaranteed 70% of all new mortgage lending. … If Fannie and Freddie were capitalised to the same standards as banks and forced to make adequate profits, taxpayers would be left with only the remote risks that markets find it
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“Fixed mortgage rates increased for the seventh consecutive week, with the 30-year fixed mortgage rate reaching 4.4% in this week's survey; the highest since April of 2014,” said Len Kiefer, Freddie Mac deputy chief economist. “Mortgage rates have followed U.S. Treasury's higher in anticipation of
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The amount of top 20 non-performing assets (NPA) accounts of public sector banks stand at Rs 1.54 lakh crore as of today. As most skeletons come tumbling out of the Nirav Modi and the Rotomac cases, analysts say this is the tip of the iceberg. This bank NPA number could keep going up and up.
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Old Republic National Title Insurance Co. has selected Pavaso to process eClosings for the company's direct and national settlement operations, the company … Old Republic's Pavaso solution integrates technologies such as Blockchain and eNotary and enables title agents to assimilate complimentary
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“Most mortgage people will go their whole career without ever doing one,” says Jerry Thomas, a mortgage loan officer in Farmington Hills, Michigan. “Another big group of (lenders) will do one and then swear they'll never do another one again.” There's no easy way to find a construction lender. Ask for
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The average rate on a 30-year fixed mortgage was 4.38% last week, according to Freddie Mac. That's a place it has barely passed over the past five years. And Treasury yields are rising, some analysts note, potentially intimating that higher mortgage rates might make home buying a tougher nut to crack.
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The provincial government unveiled a suite of new taxes aimed at cracking down on property speculators on Tuesday, but Vancouver City Council says it doesn't go far enough. Tuesday's provincial budget included a new two per cent tax on property speculators, an expansion to the foreign buyers' tax
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Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year fixed-rate mortgages rose to 4.40 percent this week, a slight gain from 4.38 percent last week. That average is the highest since April 2014 and the seventh straight weekly increase. The rate on 15-year, fixed-rate loans rose to
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Up-front costs matter, but there are also brain damage, public attacks, financing hurdles, ubiquitous risks and time delays associated with higher density affordable units that greatly exceed those associated with one-off expensive homes. Market housing is expensive because there is so much demand
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Total inter-authority lending has risen above £10bn for the first time, according to government statistics. The latest borrowing and investment figures from the Ministry of Housing, Communities & Local Government (MHCLG) show £10.75bn of outstanding loans between local authorities during the third
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Underfunded Team. “There's no doubt in my mind that the luge team needs a whole lot more money,” Danco said in an interview with Bloomberg. Although the athletes are financially supported by a number of sponsors, he sees Bitcoin as another avenue for the underfunded luge team to raise more
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President Donald Trump has pushed the Republican Party toward a European-style populism that is amply evident in the line-up at an annual conference in Washington that long has reflected the pulse of the American right. The list of speakers at the Conservative Political Action Conference that opens
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A market-neutral version of U.S. momentum reversed its one-week losses in just three days and is trading at a two-year high, according to a Bloomberg index. In fact, momentum is more calm now than it was in early December, when U.S. stocks were consistently posting new records. One-month realized
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Word spread quickly in the days leading up to tax reform: The home mortgage interest deduction was on the chopping block. Ultimately, the deduction was spared, but the amount of home mortgage allowable for purposes of the deduction was limited to $750,000 for new mortgages. Existing mortgages
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