Managing Editor’s Note: Adam O’Dell and Charles Sizemore are working on something special…
They’re joining forces with a team of financial experts over at Banyan Hill (including some familiar faces) to deliver a daily email that will help you become the investor you’ve always dreamed of.
But they need your help to make a final decision on the name.
The value of all outstanding student loans is estimated at $1.75 trillion.
Today’s Power Stock is a specialty finance company that services student loans and rates a 93 on our proprietary system.
I am just like millions of Americans.
I have student loan debt.
It’s not as high as some, but it’s higher than what I’m comfortable with.
While student loan repayment is on hold until June 2023, we’ll have to pay the piper again soon.
I know the Biden administration is fighting for student loan forgiveness. But even if the current plan is implemented, it will only put a small dent into what has become a mountain of debt.
Headlines may be giving false hope to potential homebuyers.
MarketWatch noted: "The S&P CoreLogic Case-Shiller U.S. 20-city price index fell 1.2% in September, its third consecutive monthly decline." But prices are still up 10.7% in the last year. (Check out the Federal Reserve chart below.)
The number of listings is on the decline. And with higher mortgage rates keeping homeowners from selling, the prospects of a steep decline in home prices remain slim.
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