Cash News Most mortgage rates have held steady since yesterday and even since this time last week. According to Zillow data, the national average 30-year fixed mortgage rate is currently 6.21%, and the 15-year fixed mortgage rate is 5.53%. Are you ready to buy or refinance but worried about high interest rates? Shopping around for […]
Cash News Today’s savings account interest rates are some of the highest we’ve seen in more than a decade due to several rate hikes by the Federal Reserve. However, the Fed finally cut its target rate in September, which means savings interest rates are beginning to fall as well. So it’s important to be sure […]
Cash News Today’s certificate of deposit (CD) interest rates are some of the highest we’ve seen in more than a decade thanks to several rate hikes by the Federal Reserve. However, the Fed finally cut its target rate in September, so now could be your last chance to lock in a competitive rate. CD rates […]
Central bankers have avoided celebrations and declarations of victory. They know full well that consumers and firms, stung by the highest inflation since the 1970s, would not appreciate them. In private, though, many are elated. The sharpest rise in borrowing costs in decades, dubbed “the great tightening” by the IMF, appears to have worked better […]
Cash News Online banking lets you avoid visiting a physical branch and take care of many routine banking needs from the comfort of your home. However, if you bank online, it’s important to be sure your financial institution has safeguards in place to protect your personal information and finances from cybercriminals. According to a 2023 […]
Cash News When you buy a home for the first time, you’ll have to learn a whole new set of financial terms and concepts. You’ll see acronyms like ARM (adjustable rate mortgage), DTI (debt-to-income), PITI (principal, interest, taxes, and insurance), and LTV (loan-to-value), making the home-buying process feel a bit like eating alphabet soup. We’ll […]
Cash News Getting a mortgage can be confusing and lengthy, especially if you’re a first-time home buyer. As you learn more about it, you’ll probably hear about milestone steps like prequalification, preapproval, home appraisal, and closing. We’ll share everything you need to know about mortgage prequalification. That way, you can shop for a home and […]
Cash News Paper checks may seem obsolete at this point, but there are still some instances when they’re needed. For example, you might have to write a check to pay rent to your landlord, or you may receive a check in a birthday card from a relative. Unlike some other forms of payment, checks can […]
Cash News Bitcoin has soared to new highs in 2024. Demand for digital currency surged so much that it even led the crypto-trading platform Coinbase to crash in February. After the brutal crypto winter that began in 2022, bitcoin could shatter previous records as investors pour money into newly created spot bitcoin ETFs or exchange-traded […]
Cash News Both the average 30-year and 15-year fixed mortgage rates rose last week, according to Freddie Mac. The increases were higher than the previous two weeks, and it marked the third week in a row that the 30-year rate moved higher. “As rates trend higher, potential homebuyers are deciding whether to buy before rates […]