Find out if now is the right time to put your money in a savings account. In 2024, the Federal Reserve implemented a series of cuts to the federal funds rate and those rates continued on a downward trend through 2025. As a result, deposit interest rates have fallen from their all-time highs. Still, it…
Current mortgage rates are significantly lower than rates last January. This time last year, the average 30-year fixed mortgage rate was above 7%, according to Freddie Mac. Now, the 30-year year-over-year rate has fallen 98 basis points to 6.06%. This is a good time to shop around for the mortgage lender that offers the best…
Find out which banks offer the best CD rates right now. If you’re looking for a safe place to keep your savings, a certificate of deposit (CD) can be a great option. These accounts typically offer higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely. Learn more about the…
NEW YORK (AP) — Wall Street hit more records Monday after recovering from losses suffered on concerns about the worsening dispute between the White House and the Federal Reserve, a dispute that experts warn could lead to higher inflation in the future. The S&P 500 rose 0.2% to its previous all-time high set on Friday….
Current savings account rates still remain well above the national average. However, the Federal Reserve cut the federal funds rate three times in 2025, meaning deposit account rates are also declining. It’s more important than ever to make sure you get the highest possible rate on your savings, and a high-yield savings account could be…
Mortgage rates average just under 6% and some lenders offer mortgage loans in the mid-5% range. According to Zillow data, the 30-year fixed mortgage rate is 5.91%and the 15-year fixed rate is 5.36%. Here are the current mortgage rates, according to the latest data from Zillow: Fixed for 30 years: 5.91% Fixed for 20 years:…
National average HELOC and lump sum home equity loan rates have fallen closer to 7%. Second mortgage home equity rates are at their lowest level in years. According to data from Curinos, the average monthly HELOC rate has fallen to 7.25%19 basis points less than a month ago. The national average home equity loan rate…
Bill Ackman said President Donald Trump’s call to impose a one-year cap on credit card interest was a “mistake.” The hedge fund billionaire said a rate cap could lead to millions of people having their credit cards cancelled. Trump on Friday called for a 10% cap on credit card interest for one year. Bill Ackman…
The national average rate for home equity lines of credit (HELOC) fell to a new low in more than a year. The average home equity loan rate is down three basis points from last month. According to Curinos data, the average HELOC rate is 7.25%19 basis points less than last month. The national average home…
Here’s a look at how current rates on high-yield savings accounts compare. The Federal Reserve cut the federal funds rate three times in late 2024 and three times in 2025, meaning deposit rates have been steadily declining. It’s more important than ever to make sure you get the highest possible rate on your savings, and…
