The current mortgage rate on a 30-year fixed mortgage fell by 0.20 percentage point in the last week to 6.6%, according to the Mortgage Research Center. Meanwhile, the APR on a 15-year fixed mortgage dropped 0.25 percentage point during the same period to 5.68%. For existing homeowners, compare your current mortgage rates with today’s refinance […]
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up to 85% of their home’s value and pay that amount back in monthly installments. A home equity line of credit […]
Key Takeaways Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates Online banks tend to offer the best yields available Rates on savings accounts are the same compared to one week ago. You can now earn 6.35% or higher on your savings. […]