The family of Nancy Guthrie, mother of "Today" show host Savannah Guthrie, pledged to pay a bitcoin ransom for her return after she was reported missing on February 1, according to ABC News. The 84-year-old was last seen on January 31 and authorities believe she was abducted from her home. The family faces a Monday deadline set by the alleged kidnapper.
Savannah Guthrie and her siblings posted a message to Instagram over the weekend, stating their intention to pay the ransom. "We received your message and we understand," Savannah Guthrie said in the message, as reported by ABC News. "We beg you now to return our mother to us so we can celebrate with her. This is the only way we will have peace. This is very valuable to us, and we will pay." The search for Nancy Guthrie continues into its ninth day.
In other financial news, the price of silver has surged recently, increasing by more than 200% since January 2025, according to CBS News. The precious metal is considered a cost-effective alternative to gold, which has also seen its price rise. Gold is viewed as a safe-haven asset and inflation hedge, and physical gold has historically held its value, making it a smart bet for many investors, according to CBS News.
Homeowners looking to borrow money have options available, including home equity loans and HELOCs, according to CBS News. These options often have lower interest rates than credit cards and personal loans. However, with elevated interest rates, borrowing can be cost-prohibitive.
Those looking to buy a new home or refinance their current mortgage may face challenges due to high mortgage rates and limited inventory, according to CBS News. It is important to know what mortgage rates to expect, especially if you have a strong credit score.
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