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- 85% of Americans are wasting money every month on these (8 12 24)
85% of Americans are wasting money every month on these (8 12 24)
Anthony Hazzard
August 12, 2024
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Do you know where the top rental markets are located in the US? It might not be where you think. Find out more later in this email.
💵 Today’s Top Stories
 | The percentage of the population not using their paid subscriptions is astonishing. We reveal the monthly average value of unused paid subscriptions. Read more. |
 | The BBB is a popular avenue for consumers who have been wronged to warn others or get recourse. But can a company’s BBB rating be trusted, in Clark’s opinion? Read more. |
 | You may be surprised to learn how much you can earn working from home. Read more. |
 | Standard homeowners insurance policies don’t cover earthquake damage. But if you’re in an at-risk area, you should have earthquake insurance, Clark says. Read more. |
📣 Today’s Top News
🏠️ 10 Best Rental Markets in the United States
The last several years have been tough sledding for homeowners and renters with high prices and low inventory.
However, the current trajectory seems somewhat positive. That may be especially true in the 10 best rental markets.
Realtor.com ranked 325 cities based on affordability, rental availability, job stability, job opportunities, share of renters that are 25+ years old and average commute time to work.
It’s interesting that all of the top rental markets are in the South and Midwest, Realtor.com noted.
The 10 best rental markets in the United States are:
1. Austin, Texas
2. Oklahoma City, Oklahoma
3. Birmingham, Alabama
4. San Antonio, Texas
5. Minneapolis, Minnesota
6. Sandy Springs, Georgia
7. Nashville, Tennessee
8. Kansas City, Kansas
9. Raleigh, North Carolina
10. Norfolk, Virginia
🏠️ Today’s Current Mortgage Rates
According to Freddie Mac, 30-year mortgage rates are 6.47% and 15-year rates are 5.63% as of August 8, 2024. The following chart shows the 30-year mortgage rate trend over the last year.
📊 Stat of the Day
🥇 $414,016: The value of a two-bedroom furnished condo that a real estate company in the Philippines awarded to its first-ever male gold medalist, 24-year-old gymnast Carlos E. Yulo. He took two golds at the Paris Olympics. The country’s government also gave him the equivalent of $276,030. He was offered free ramen for life from multiple restaurants, free colonoscopies and even free university credits.
💰️ Deal Alert: Today’s Top Deals
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🎙️ Podcast
It’s time for "Clark Stinks!" Christa reads the latest "Clark Stinks!" submissions and Clark responds. Also, Target recently announced that it will stop accepting checks as a form of payment in stores. Clark passionately explains why checks are so dangerous and why you should never, ever, not ever carry a checkbook.
☎️ Need Money Help?
The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.
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