• February 16, 2025

3 ways to raise your credit when buying a home

Wells Fargo (WFC) executive director of mortgage sustainability Rulon Washington joins Wealth host Brad Smith to discuss the importance of credit in the homebuying process. "As consumers think about buying their first home, they must also think about the credit perspective," Washington states, emphasizing that improving your credit is "the best thing" individuals can do to prepare for homeownership. First, he recommends tracking your credit score and staying informed about factors that influence it using the many free tools available. Second, he stresses the importance of making on-time payments and avoiding major purchases before applying for a mortgage, as payment history is a primary factor that lenders evaluate. Finally, he advises keeping your oldest credit accounts open because the length of your credit history significantly impacts your overall credit score. Watch the full video above for further insights into costs to be aware of when purchasing a home. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

  • February 13, 2025

Mortgage rates tick lower, 30-year still hovers below 6.9%

US mortgage rates remain elevated over this past week, according to new data out from Freddie Mac, with the 30-year fixed rate mortgage slipping slightly to 6.87% while the 15-year moves up from 6.05% to 6.09%. Yahoo Finance senior housing reporter Claire Boston joins Wealth's Brad Smith in breaking down the latest mortgage data and how it relates to interest rates and the homebuying environment. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.

  • February 12, 2025

U.S. Global Investors Reports Results for the Second Quarter of 2025 Fiscal Year

SAN ANTONIO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm1 with longstanding experience in global markets and specialized sectors, today reported operating revenues of $2.2 million, with a net loss of $86,000, or a loss of $0.01 per share, for the quarter ended December 31, 2024. Losses were reflective of market fluctuations and lower assets. At December 31, 2024, total assets under management (AUM) were appro