- Clark.com Biweekly Newsletter (Mondays and Thursdays)
- Posts
- Clark Biweekly 5 6 24
Clark Biweekly 5 6 24
Advertisement
💵 Today’s Top Stories
💰️ Gift Card Crime Is Growing Fast
[Gift card] crime is growing so fast. If I wasn’t so cheap, I would burn up a $20 [bill] right now on camera. But I want that impression in your mind. That’s what you’re doing when you buy gift cards. Every dollar you’re putting into them you might as well light a match to it. Because the crime is going so fast, the system is so flawed and the money is so gone.
🏠️ Today’s Current Mortgage Rates
According to Freddie Mac, 30-year mortgage rates are 7.22% and 15-year rates are 6.47% as of May 2, 2024. The following chart shows the 30-year mortgage rate trend over the last year.
![Mortgage Rates](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/7c81b599-e189-4792-8028-e6707b9e97dc/Mortgage_Rates_050224.png?t=1714736841)
📊 Stat of the Day
⛽️ $3.63: The nation’s average price of gasoline per gallon as of April 29, 2024, according to GasBuddy. This is an increase of more than eight cents from a month ago, but it’s four cents cheaper than a year ago.
💰️ Deal Alert: Today’s Top Deals
🎙️ Podcast
It’s time for "Clark Stinks!" Christa reads the latest "Clark Stinks!" submissions and Clark responds. Also, Clark has long disliked gift cards because they can be difficult to actually use and they can be full of scams like “card draining.” Clark explains how this scam works and how you can protect your wallet.
☎️ 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.
Advertisement
Did You Enjoy Today’s Newsletter?Let us know what you think so we can better serve you! |