Mortgage rates could fall below 5% next year, emboldening US consumers and allowing banks to 're-liquify,' Fundstrat's Tom Lee says

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Mortgage rates could fall as low as 4.75% next year, according to Fundstrat's head of research Tom Lee.

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HENRYs are turning to a little-known and risky type of mortgage as home prices soar

Tech Insider : Economy, Economy
A FOR SALE sign is displayed outside a property on Madison Ave. in Toronto.
Interest-only mortgages were much more strictly regulated after the financial crisis, but now higher-income borrowers are turning to them as home prices stay high.

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A New York City finance CEO explains why his company and all of its staff relocated to Miami

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A New York-based finance CEO said "probably nothing" could convince him not to move to Miami in 2024.

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UBS sold a Credit Suisse private jet that was used by its ex-chair to fly to Wimbledon and the Euros, breaking COVID rules — and the Maldives for a family vacation

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Dassault's Falcon 7X jet is moved on the tarmac on June 12, 2015 three days before the opening of the International Paris Airshow at Le Bourget.
A Dassault Falcon 7X.

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Best Banks in America - Banks with the Best Benefits

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Our experts choose the best products and services to help make smart decisions with your money (here's how). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.

The CEO of a hedge fund that averaged 70% returns over 2 decades doesn't regret sleeping 2,000 nights in his office: 'I really don't see how I could do it otherwise'

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How US banks can wiggle out of the $650 billion balance-sheet bomb hanging over them

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Bond-market crash leaves big banks with $650 billion of unrealized losses as the ghost of SVB continues to haunt Wall Street

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People walk by Bank of America
Bank of America shares have fallen 14% this year.

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An ex-Goldman Sachs banker who passed secrets to his squash buddy just got jailed for 3 years

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In this photo illustration, the American multinational investment bank and financial services company Goldman Sachs logo is seen displayed on a smartphone with an economic stock exchange index graph in the background
Brijesh Goel had worked for Goldman Sachs.

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Best Banks and Credit Unions in California for November 2023

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Our experts answer readers' banking questions and write unbiased product reviews (here's how we assess banking products). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on this page.

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