JP Morgan Chase sees at least 5 different paths for our economy. CNBC reports on how its CEO, Jamie Dimon, views our “unprecedented” situation. How low will mortgage rates go? They’re never been lower, but this may not be the best time to refinance. Anna Bahney details the points to consider for CNN Business. Tax season is over, but tax scams are still circulating. The IRS has just released its Dirty Dozen tax scams list, with a special warning about those relating to COVID-19.

Jamie Dimon’s Warning For The U.S. Economy — Nobody Knows What Comes Next — Attempting to forecast the path of the American economy right now is like peering into a dark well — nobody knows how deep the hole goes. Jamie Dimon is the CEO of JPMorgan Chase and the head of  the financial system’s bellwether, a bank with $3.2 trillion in assets that serves almost half of U.S. households. He shares his views on what’s ahead. Read more…

Mortgage Rates Are At Record Lows. Is Now The Time To Refinance? — Mortgage rates have never been lower. While that can present a great opportunity to refinance, does it mean you should? As a rule of thumb, refinancing your mortgage is worth it if the new rate is roughly 1% lower than your current rate. But there are plenty of other factors — including closing costs, your loan term and how long you plan to stay in your home — that you need to consider. Read more…

Phishing, Fake Charities And IRS Impersonators Top 2020 Dirty Dozen Scam List — Tax season is finally over, unless you opted for a filing extension until October 15, but tax scams are still brewing. The Internal Revenue Service released its annual Dirty Dozen tax scams today with a warning about aggressive and evolving schemes related to Covid-19 tax relief. Read more…

John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller

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