May 16, 2024
Investment

A bank’s offering a 100-year CD. Should you consider investing in one?

Savers may want to lock in high interest rates for the long haul before they likely head lower later this year. But is 100 years too long? Concord, New Hampshire-based Walden Mutual Bank is finding out. The financial institution is offering a100-year Local Impact Certificate of Deposit (CD) paying a fixed 4.75% annual interest rate.

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Property

Property transfers that took place in April in Greater New Bedford

One of this week’s top-selling homes is a renovated Colonial with water views in Freetown that sold for $1,035,000. Built in 1994, the single-family house situated on a 1.56-acre lot at 69 Narrows Road, Freetown, boasts 3 bedrooms with bonus playroom and 3.5 baths.  Overlooking Assonet Bay and Shepherds Cove, the 3,924-square-foot home features a

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Loans

Loan debt list ranks 3 Florida cities in US’s top 20 for most debt

Two months ago, Jacksonville ranked in personal finance company WalletHub’s top 10 U.S. cities where residents are the most financially stressed.  Just last week, Florida ranked in Forbes Advisor’s top 10 states where it’s most difficult for residents to save money and the Miami metro area ranked in the top five metro areas where it’s

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Finance

Amid FAFSA crisis, Federal Student Aid chief Richard Cordray steps down

The top Biden official overseeing federal college financial aid has resigned, the Education Department said Friday, capping off a year of turmoil for students and universities.  Richard Cordray, the chief operating officer for Federal Student Aid, will step down at the end of June, officials said. The former head of the Consumer Financial Protection Bureau,

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Mortgage

OceanFirst makes mortgages more affordable, if you can find the home

MARLBORO – Patricia Kelly signed up for affordable housing 2½ years ago, hoping to buy a place of her own where she and her disabled daughter, Jessica, could live with security, steady payments and, finally, their own bedrooms. Last fall, a two-bedroom townhouse came onto the market. Its walls were black. It smelled of cigarette

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Property

Guernsey County, Ohio, property transfers

The following are property transfers recorded in Guernsey County from April 8-12. First name indicates the seller; second name represents the buyer  Byesville 104 N. Ninth St.; Chugg Justin and Richelle Maple; Reed Jon E and Carla R; 4/8/2024; $222,000 110 N. 11th St.; Jamiel Holdings LLC; Wichterman Aaron James; 4/10/2024; $12,500 250 S. Second

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Investment

401(k) tweaks you should try with inflation picking back up

With inflation picking up again and highly anticipated Federal Reserve interest rate cuts delayed, it may be a good time for Americans to tweak their investment and retirement portfolios, financial advisers say. While U.S. rate cuts are on hold, the European Central Bank (ECB) suggested last week that its first rate cut could come in

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Crypto

Nebraska man stole over $3.5M in cloud service to mine crypto: Feds

A Nebraska man operated a large-scale “cryptojacking” scheme that defrauded cloud computing service providers out of more than $3.5 million worth of services, the U.S. Attorney’s Office said Monday. Charles O. Parks III, 45, also known as “CP3O,” has been charged with wire fraud, money laundering, and engaging in unlawful monetary transactions in connection with

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Property

Property Transfers in Sandusky County OH from March 25-April 3, 2024

The Sandusky County Auditor’s Office recorded the following property transfers between March 25 and April 3. Bellevue 272 Southwest St., John E. Giedeman III, to Jennifer Giedeman, $90,000. 826 Bellaire Drive, Matthew Stephen and Patricia I. Wahl, to Charles W. Cheek III, $175,000. 424 Southwest St., Michael William and Kayla Lacourse, to Newrez LLC. $78,000.

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Property

Property transfers this month in the Greater New Bedford

This week’s top-selling home in Dartmouth is a cozy Cape that sold for $612,500. Located in a sought-after neighborhood, 632 Elm St. could use some updating but it retains a lot of charm.  The four-bedroom home with 1,874 square feet of living space has brand-new oak floors, sun-drenched rooms, and impeccably made built-ins. It offers a sweet

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