Could You Live off Credit Card Rewards Points? This man is. (VIDEO)
Could you live off the rewards points and frequent-flier miles you’ve racked up on your credit card over the years? This man is. He’s a former executive from Southern California who’s become homeless since the bottom fell out of the economy in 2008.
He’s so far managed to keep his food bill to around $5 per [...]
Up Next: A Social Security Bailout?
Yes, you read that right. The U.S. taxpayer could be on the hook yet again for another bailout in the next year or so - this time for Social Security! This according to an article by Allan Sloan (Fortune magazine’s senior editor at large).
It’s long been common knowledge that the Social Security system is deeply [...]
Mortgage Refinance Trends: New Wave Spurs 6-Week High Demand.
It looks like there’s a “mini-wave” of mortgage refinancing that’s been pushing the rate of applications up to a six week high. But the home buyer tax credit doesn’t expire until the end of April, and that doesn’t apply to refinancing anyway, so why the rush?
The rush may be due to the anticipated end to [...]
New Home Sales Down 7.6% In December.
According to this article from the AP, new home sales fell 7.6% last month.
The Commerce Department said December sales fell to a seasonally adjusted annual rate of 342,000 from an upwardly revised November pace of 370,000. Economists surveyed by Thomson Reuters had forecast a pace of 370,000 for December.
It’s mildly surprising given that the home [...]
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