Because this status confuses MLS users, some listing database services changed their procedures to allow another status for these types of short sales; they are now better defined as “pending short lender approval.” The remaining homes in the MLS flagged as “active short contingent” are those where the seller is actively looking for backup offers. How Active Short Sale Contingents Work Sometimes, depending on the real estate market, an agent might list a short sale property below market value, much to the chagrin of some buyer agents....

Aggregate supply is measured by gross domestic product (GDP). The U.S. economy is one of the largest suppliers in the world. Short-run and Long-run Supply The typical time frame measured is a year. That time frame is important because supply changes more slowly than demand. For example, demand can rise quickly, but companies can’t ramp up production as fast. They’ve got to hire new workers and build new plants and equipment....

What Is Apple Cash Family? Apple Cash Family lets parents and kids send and receive money and make purchases through Apple Cash. The feature integrates the Family Sharing and Apple Cash features Apple offers through its devices. Family Sharing allows a family unit of up to six people to share App Store purchases and iCloud storage. Instead of using one login with multiple devices and many different people, Family Sharing lets you set up permissions for kids and give them their own logins....

When to Choose Long-Term Over Short-Term Investments Long-term investments are those that you know you’re likely to keep for a long time. Wendy Liebowitz, vice president of Fidelity Investments’ Fort Lauderdale branch, told The Balance in a phone interview that long-term investments are generally assets like stocks and real estate that you plan to keep for a while. They provide opportunities for growth in your portfolio because you know you won’t access the money for a significant period of time....

Barclays US Consumer Bank announced Tuesday that it has teamed with fintech Amount to develop point-of-sale (POS) financing installment options that would allow consumers to pay for eligible purchases on installment payment plans rather than paying in full. The bank, which offers credit cards for brands like Barnes & Noble and the National Football League, said it will also give merchants using its network the option to offer installment plans under their own brands later this year....

Capital Group’s American Funds family of mutual funds is the one of largest in the world, behind fund giants Vanguard and Fidelity, as measured by assets under management. Their massive presence in 401(k) plans in the U.S. is a big part of that success. Whether you are an employer, an advisor, or an employee wanting to choose the best funds for your work retirement plan, you’ll want to take a look at the best American Funds to buy for 401(k) plans....

Fidelity has dozens of low-cost, top-performing mutual funds in several diverse categories. While it may be best known for actively managed funds, it offers some of the cheapest index funds available on the market. Therefore, it’s easy to see why it is one of the best no-load mutual fund companies in the investment universe today. Below, we narrow down and present a list of the best funds that Fidelity offers....

In order to get the most out of your Roth IRA, you need to know the best way to invest in the account. Here are some tips to make sure that you can get the greatest benefit from this type of account. Avoid Tax-Friendly Investments Roth IRAs are funded with after-tax dollars and your investments can grow tax-free. You don’t have to pay taxes on dividends, capital gains, or anything else that happens in your Roth IRA if your withdrawals follow the rules....

The first rule in saving more money is committing to doing it regularly and having a clear goal in mind. Once you’ve got that down, you can put these savings tips to work: 1. Automate Savings Transfers Each Payday If you’re struggling with the savings habit, scheduling automatic transfers to savings can be a huge help. When money is moving from checking to savings automatically each payday, there’s less temptation to spend it and you can easily watch your savings balance grow over time....

The 3.42% is within shooting distance of the 2021 high of 3.51%, reached in March, according to our data. The recent jump in interest rates is especially unwelcome in the pandemic era because the relatively low rates of the last 18 months have been helping to offset sky-high sale prices that mean homeownership is eating up more income than at any time in more than a decade. Rates that reached record lows in 2020 (the 30-year bottomed at 2....

Here are some examples of business innovation, and a list of some of the most innovative countries in the world. What Is Business Innovation? At its most basic level, innovation is coming up with a new way to do things. When it comes to business innovation, those new ways of doing things are introduced with the goal of earning the business more money. Beyond that basic definition, business innovation is a general concept that can apply to many different products, services, efforts, and policies....

First-time home buyers generally start out house hunting by putting together a list of amenities and nailing down a few locations where they want to look. A standard choice for a starter home in the suburbs is often one with three bedrooms and two bathrooms. A standard choice for a starter home in a high-cost urban area might have two bedrooms and one bathroom, or it might even be a studio condo....

If you’re concerned about a former employer, note that at least the last organization you worked for will be notified if you file a claim because, in most states, unemployment benefits are funded by employers. If you’re worried about a prospective employer, they may not be able to find out the details but a gap on your resume can be a flag. It’s always best to be honest though—you don’t want to get caught not telling the truth....

Who Can I Add to My Car Insurance? Usually, car insurance policies are designed to cover everyone in your household, including your partner or spouse, licensed teenagers, and other relatives who share your home. If a new driver moves into your home, you can add them to your policy. In some cases, you might need to add a non-relative who lives in your home. For example, if you rent a room in your home, you may decide to let your roommate share your car....

A loophole was repealed—at least temporarily—by the Tax Cuts and Jobs Act (TCJA) in 2018. You won’t be able to claim your spouse as a dependent in any respect as long as the TCJA remains in effect through 2025, or even longer if the TCJA is renewed at that time. But you might still have time to go back and amend a prior year’s return. The Loophole Before the TCJA A dependent is someone who meets the criteria for being either a “qualifying child” or a “qualifying relative....

You’re out of luck if they wait until 12:01 a.m. on Jan. 1 to arrive, at least until you file that year’s tax return. Because yes, your baby must be born to qualify. You can’t claim an unborn child…at least on your federal tax return. You can do so in at least one state beginning in 2023. A Qualifying Child: The Residency Rule The first rule for claiming a qualifying child as a dependent is that the child must live with you for more than half the tax year....

While you might assume it’s perfectly legal to rent out a home you own, stipulations in your home loan agreement might say otherwise. Renting your house without telling your lender can even be considered a crime in some cases. Learn more about whether or not you can rent out your primary residence, and how it could impact things such as your loan terms and your taxes. Can You Rent Your House Without Telling Your Mortgage Lender?...

PayPal Cash Card The PayPal Cash Card is a debit card that allows you to make payments that draw from your PayPal balance. With this card, you can shop online and in stores, as long as the merchant accepts Mastercard payments. (When you apply for the PayPal Cash Card, your regular PayPal account becomes a Cash Plus account, which offers a few additional features.) PayPal Key Getting PayPal Key is even easier than requesting a PayPal Cash Card in that you don’t have to wait for a plastic card to arrive in the mail....

Ultimate Rewards points redeemed by people with the Ink Business Preferred and Ink Business Plus cards will be worth 25% more—1.25 cents rather than 1 cent each—when redeemed for statement credits on select online advertising and shipping purchases as well as eligible charity donations, Chase said Monday. Freedom, Freedom Flex, and Freedom Unlimited cardholders also can now get the 25% boost when using points for donations, and the existing Pay Yourself Back promotion on the Sapphire Preferred and Sapphire Reserve cards has been extended for another seven months....

Consumers’ credit card balances have risen 15% over the last year as of September—the biggest annual spike since 2001, the Federal Reserve Bank of New York said Tuesday. Total credit card debt stood at $930 billion at the end of the third quarter, up from $890 billion at the end of the second quarter and tying the record set in the fourth quarter of 2019 just before the pandemic struck....