Q: My wife and I are in the process of refinancing our 30-year fixed-rate mortgage to eliminate private mortgage insurance payments. This is our dream house, and we want to live in it forever.We also are 50% owners of a duplex with my brother and we receive $3,400 per month in rent.My questions: Should I go with a 15- or 30-year mortgage? Also, would it be best if I bought out my brother and concentrated on paying down the rental property for a possible $3,400 positive cash flow, which could offset my mortgage? John Pengelly, Calif.
A: Jack Guttentag president at Mortgage Professor, a multi-lender site where consumers can shop for the best price recommends the 15-year mortgage. The price is better, and you can now afford the higher payment while you are still working, he says.
Hot Insurance Stocks For 2019: Aon Corporation(AON)
- [By WWW.THESTREET.COM]
We’re seeing the exact same price pattern playing out in shares of $29 billion risk and insurance consultancy firm Aon plc (AON) . Aon has been a strong performer for all of 2016, up 20% since the calendar flipped to January. But don’t worry if you’ve missed the move – an ascending triangle pattern is signaling a second leg higher here. For Aon, the breakout level to watch is resistance up at $113.
Hot Insurance Stocks For 2019: Principal Financial Group Inc(PFG)
- [By Ben Levisohn]
The twenty stocks in Worth’s basket are: Ameriprise Financial (AMP) Bank of America, Banner (BANR), Citigroup, Citizens Financial Group (CFG), East West Bancorp (EWBC), First NBC Bank Holding (FNBC), HFF (HF), KeyCorp(KEY), Legacy Texas Financial Group (LTXB), Lincoln National (LNC), Morgan Stanley, Old National Bancorp (ONB), PacWest Bancorp (PACW), PNC Financial Services Group (PNC), Principal Financial Group (PFG), Stifel Financial (SF), SVB Financial Group (SIVB), TCF Financial (TCB), and Wells Fargo.
Hot Insurance Stocks For 2019: Prudential Financial Inc.(PRU)
- [By Chuck Saletta]
Prudential Financial (NYSE:PRU) has long had the Rock of Gibraltar as its corporate symbol, representing its solid financial position. With more cash and equivalents than debt on its balance sheet, and a total cash hoard of over $49 billion, Prudential still looks set up to handle some downright awful insurable losses. That’s its “Rock of Gibraltar” strength showing through.
- [By WWW.MONEYSHOW.COM]
Prudential Financial (PRU) is also a major provider of asset management and retirement services. It focuses is on fixed income, a major liability during the past eight years of ultra-low interest rates.
- [By WWW.THESTREET.COM]
Cramer was bearish on Prudential (PRU) , Advanced Semiconductor Engineering (ASX) and ZTO Express (ZTO) .
Read more of Cramer’s comments about the stocks in the Lightning Round.
Hot Insurance Stocks For 2019: American International Group Inc.(AIG)
- [By Ben Levisohn]
BMO’s Charles Sebaski explains why he upgraded American International Group (AIG) to Outperform from market Perform:
Agence France-Presse/Getty Images
AIG has been trading at discount to its tangible book given its mid-single digit return profile; however, we expect AIGs valuation to keep increasing with its improving return profile. We are now forecasting AIG to generate a 9.9% operating return on tangible common equity (ROtE) in 2018, which would be a 450 bp improvement from 2016. A double-digit return profile warrants the 1x multiple that we are applying to its tangible book value per share. While we expect AIGs return profile to benefit from lower taxes, we also expect the companys life and retirement business to improve from the rising interest rates as those spread businesses are more interest rate sensitive than the P&C business. That said, we expect continued improvement on both the loss and expense sides of the P&C as contributing factors to the ROtE improve.
BMO also upgraded Arch Capital Group (ACGL), Brown & Brown (BRO), and Travelers (TRV).
Shares of American International Group have declined 0.4% to $65.60 at 3:36 p.m. today, whileArch Capital Group has gained 2% to $87.90,Brown & Brown has advanced 0.5% to $44.65, andTravelers has risen 1.3% to $120.79.
- [By Ben Levisohn]
Heading into its earnings following the close of trading yesterday, shares of American International Group (AIG) had gained 34% from its low on Jun. 28 to Feb. 14. Then the bottom fell out.
- [By Max Byerly]
Get a free copy of the Zacks research report on American International Group (AIG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Lisa Levin]
Some of the stocks that may grab investor focus today are:
Wall Street expects Dr Pepper Snapple Group Inc. (NYSE: DPS) to report quarterly earnings at $1.06 per share on revenue of $1.57 billion before the opening bell. Dr Pepper Snapple shares fell 0.07 percent to close at $93.49 on Monday.
Analysts expect American International Group Inc (NYSE: AIG) to post quarterly earnings at $1.01 per share on revenue of $12.87 billion after the closing bell. AIG shares gained 0.38 percent to $66.39 in after-hours trading.
Flowers Foods, Inc. (NYSE: FLO) reported in-line earnings for its fourth quarter, while sales missed expectations. Flowers Foods shares fell 1.87 percent to $20.45 in the after-hours trading session.
Before the markets open, Diebold Nixdorf Inc (NYSE: DBD) is projected to report its quarterly earnings at $0.32 per share on revenue of $1.31 billion. Diebold Nixdorf shares slipped 0.73 percent to close at $27.20 on Monday.
Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
- [By Dan Caplinger]
Wednesday was yet another record-setting day for the stock market, as the Dow climbed triple digits and the S&P 500 and Nasdaq Composite followed the venerable average to unprecedented heights. Economic data showing rising inflation made it more likely that the Federal Reserve will look to boost interest rates at its next Federal Open Market Committee meeting next month, and the ripples throughout the bond market sent many investors to consider stocks instead. Yet despite the substantial rally, some stocks missed out on the move higher, and American International Group (NYSE:AIG), Teck Resources (NYSE:TECK), and Movado Group (NYSE:MOV) were among the worst performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so poorly.