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Connecticut Gov. Ned Lamont told CNBC on Friday that the coronavirus pandemic will likely cause more people who live in New York City to consider moving to his state. “There’s no question about it. Phones are ringing off the hook at real estate offices all throughout southern Connecticut,” Lamont said on “Squawk Box.”  Lamont, a Democrat, said
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A month-long battle with the coronavirus made it difficult for Esteban Giron and his husband to pay their $990 rent. ”I was so sick I could barely walk to the bathroom,” Giron, 41, said. He’s lived in his apartment in Crown Heights, Brooklyn, for over seven years, and if he had to move out, it would be
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Loan servicers are being slammed by requests from homeowners to delay their monthly mortgage payments as the coronavirus forces millions of people out of work. Yet one of the industry’s top regulators vehemently denies that those servicers need any help. Top industry leaders are fighting back in an escalating war of words that could have a
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For everyday Americans, there’s some good news to the coronavirus fears that are driving investors to safe-haven investments likeTreasurys.  The yield on the benchmark 10-year Treasury note, which moves inversely to price, sank more than 11 basis points to an all-time low of 0.906% on Tuesday in the wake of an emergency rate cut by the
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A single family home is shown for sale and in escrow in San Marcos, California. Mike Blake | Reuters Pending home sales in January rose 5.2%, the National Association of Realtors said Thursday, crushing analysts’ expectations of a 2% monthly gain. They were 5.7% higher on an annual basis. “This month’s solid activity — the
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If you want to improve your financial know-how, there are plenty of opportunities to do so. From short online tutorials to extensive in-person bootcamps, the number of “Money 101” classes has ballooned since the Great Recession. And yet, when it comes to financial literacy, Americans are still falling far short. According to a survey by
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A home improvement contractor works on a house in Cambridge, Massachusetts. Suzanne Kreiter | The Boston Globe | Getty Images Americans are moving much less frequently. Mobility is actually at a record low. That is fueling strong growth in the home remodeling market. But not all renovation investments yield equal payback. Overall remodeling returns are
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