March 15, 2025

Personal Finance

Property

‘My landlord wants to increase rent by 40% or evict me’

Question: I live in a five-bedroom villa in Dubai on a three-year lease. My landlord sent me an eviction notice. He originally contacted me to increase the rent by 40 per cent compared with my original rent. I have one year remaining on my lease, it ends on April 30, next year. According to the

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Loans

Student loan forgiveness programs may be at risk if Trump is elected

Former President Donald Trump gives the keynote address at Turning Point Action’s “The People’s Convention” in Detroit, June 15, 2024. Bill Pugliano | Getty Images Trump also brought up the Supreme Court’s decision in 2023 to block President Joe Biden’s first attempt at broad student loan cancellation: “He got rebuked, and then he did it

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Finance

Here’s How Women Can Feel Empowered in Their Finances

©Keturah Orji The topic of personal finance can be daunting. According to a 2023 GOBankingRates study, 57% of Americans believe “a lack of financial understanding has impacted their ability to be financially prepared for the future.” The journey to mastering personal finance isn’t easy. For women, the expectation is often for someone else to handle

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Finance

High school graduates to be required to take financial literacy class

California students will have to complete a course in pocketbook economics — balancing a checkbook, managing credit cards, avoiding scams — to graduate from high school under a bill that will become law, state lawmakers announced Thursday. “We need to help Californians prepare for their financial futures as early as possible,” Gov. Gavin Newsom said

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Investors

This asset can provide investors hefty yields at a favorable tax rate

Preferred stocks can offer investors plenty of attractive income – and do so at a favorable tax rate – but they should proceed with caution before adding them to their portfolio. Preferred stocks are hybrid assets, combining attributes of bonds and equities, and their issuers include banks and utilities . They trade on exchanges just

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Mortgage

Current mortgage rates as of June 27, 2024

The current average interest rate for a fixed-rate, 30-year conforming mortgage loan in the United States is 6.885%, according to the most recent data available from mortgage technology and data company Optimal Blue. Read on to see average rates for different types of mortgages and how the current rates compare with the last reported day

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Loans

Student Loans With Fastest Co-Signer Release Of July 2024

A creditworthy co-signer can help you get the top private student loans with favorable interest rates. But being a co-signer means taking on a lot of responsibility: You’re on the hook for any debt the borrower can’t pay off. As a co-signer on a loan, that debt shows up on your credit report and your

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Loans

Best FHA Mortgage Lenders Of July 2024

If you’re shopping for a mortgage with bad credit or want to make a small down payment, consider a Federal Housing Administration (FHA) loan. Created during the Great Depression to help low-income and moderate-income Americans buy homes, these government-backed mortgages accept borrowers with credit scores as low as 580 with 3.5% down. Borrowers who put

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Finance

6 Terrible Pieces of Money Advice To Ignore If You Want To Get Rich

PeopleImages / iStock.com When it comes to financial advice, there is no shortage of it. Whether it’s on social media, mainstream media, coming from well-intentioned acquaintances or via popular culture sayings, the sheer avalanche of “tips” can be overwhelming — and perhaps sometimes not always quite right. Find Out: I’m a Frugal Self-Made Millionaire: 6

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Investors

Microsoft’s AI possibilities are worth the long-term investor’s attention

The Motley Fool’s Take Research by PwC estimates that artificial intelligence will grow to contribute over $15 trillion to the global economy in 2030, so consider investing in Microsoft. Thanks in large part to its multibillion-dollar investment in OpenAI (the organization behind ChatGPT), Microsoft has a foothold in the rapidly growing AI space — and

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