Back-to-school shopping is already strenuous on parents’ wallets, and this year, it’s about to get worse. The federal government’s latest round of tariffs is hitting everyday items families rely on, from pencils to sneakers. According to the U.S. Chamber of Commerce, the new tariffs will pile on an estimated $73 million in extra taxes on […]
The 2025 U.S. Open is underway at the USTA Billie Jean King National Tennis Center in Queens, New York, and Chase cardholders are in for some special perks. As a long-time tournament sponsor, Chase gives cardholders exclusive ways to enjoy the action. Perks include access to VIP lounges and shaded terraces with complimentary food and […]
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 […]
30-year fixed refinance mortgage rates didn’t budge at 6.61% today, according to the Mortgage Research Center. Rates averaged 5.52% for a 15-year financed mortgage and 6.38% for a 20-year financed mortgage. Related: Compare Current Refinance Rates !function(){“use strict”;window.addEventListener(“message”,(function(a){if(void 0!==a.data[“datawrapper-height”]){var e=document.querySelectorAll(“iframe”);for(var t in a.data[“datawrapper-height”])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[“datawrapper-height”][t]+”px”;r.style.height=d}}}))}(); 30-Year Refinance Rates Climb 0.53% The current 30-year, fixed-rate mortgage […]
Key Takeaways The highest money market account rate available today is 4.35% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates As of today, the highest money market rate is 4.35%, compared to a national average […]
Key Takeaways Today’s highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your money long-term. The best interest rates on CDs—certificates of deposit—range as high as 4.94% […]
The current average mortgage rate on a 30-year fixed mortgage is 6.53%, compared to 6.51% a week earlier, according to the Mortgage Research Center. For borrowers who want a shorter mortgage, the average rate on a 15-year fixed mortgage is 5.51%, up 0.46% from the previous week. Homeowners who want to lock in a lower […]
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 as much as 5.84% on your […]
At today’s economic symposium in Jackson Hole, Wyoming, Federal Reserve Chairman Jerome Powell hinted that the Fed could start cutting interest rates as soon as its September meeting. While most eyes are on the impacts on high-yield savings accounts and certificates of deposits, lower rates could also shake up the housing market. For homeowners and […]
During a speech this morning at the Federal Reserve Bank of Kansas City’s economic symposium in Jackson Hole, Wyoming, Federal Reserve Chair Jerome Powell addressed the tensions behind the central bank’s upcoming decision on the federal funds rate. He stopped short of confirming a move, but his comments suggest that the Fed may prepare to […]