May 16, 2024
Funds

$147 million fund manager finds bargains in small-cap stocks | Thestreet

Small-cap stocks have underperformed large-cap stocks for the past 10 years. So now might be a good time to look for opportunities in the former category. One possibility is Needham Small Cap Growth Fund  (NESGX) . The fund has $147 million in assets, according to Morningstar. Through March 31, it produced annualized returns of 4%

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Mortgage

‘I got frustrated and gave up’: High mortgage rates keep some Utah homebuyers on the sidelines

SALT LAKE CITY — It’s a difficult time for Utah homebuyers as high mortgage rates are keeping some of them on the sidelines. Mortgage rates sat at nearly 7.4% nationally as of Wednesday afternoon, according to Mortgage News Daily. That’s a difference of hundreds of dollars in monthly payments on a typical Utah home compared

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Loans

Odessa Launches Originations Platform, Plans Auto Finance Suite

Equipment finance company Odessa has entered the auto industry. The company has launched an originations platform called Odessa Auto and plans to grow it into a full-service end-to-end auto finance suite, Odessa said in a Wednesday (April 24) press release. “Odessa’s deep asset finance experience enables the company to offer state-of-the-art auto origination technology on Day 1,” Robert Johnson, executive vice

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Funds

Thousands of Utahns could potentially lose access to internet as funds for program set to expire

SALT LAKE CITY — Congress in 2021 passed a $1 trillion infrastructure package that included $14.2 billion in funding for the Affordable Connectivity Program which helped connect millions of Americans to high-speed internet. Now the program is at risk of losing funding after April unless it receives additional backing from Congress, according to a statement

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Finance

How to finance a car when you have bad credit

Quick facts about bad-credit car financing: Even borrowers with numbers in the lowest credit score categories may find auto loan financing. You should dispute errors on your credit report when you find inaccurate information that lowers your credit score. Increasing your down payment on the car helps convince potential lenders that you are serious about your finances. Financing a car with

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Mortgage

2023 was slowest year for home sales in nearly 30 years as mortgage rates frustrated buyers

Estimated read time: 4-5 minutes LOS ANGELES — Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low, as sharply higher mortgage rates, rising prices and a persistently low level of homes on the market combined to push homeownership out of reach for many Americans. The National Association of Realtors said

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