One of the biggest fears about Donald Trump’s approach to the economy was that he might try to undermine the Federal Reserve’s independence and press it to cut interest rates. So far that has not come to pass. Instead, he has set himself an even tougher challenge: persuading investors that market-determined rates should come down. […]
Cash News A mortgage lien is a legal claim that grants your lender the right to your property if you fail to repay the home loan. When you take out a mortgage loan, you agree to have a lien placed on your property, which financially protects the lender if you default on the loan. Here’s […]
Cash News The 2025 tax season is officially underway. If you’re like many Americans, you may be expecting a refund when you file by the April 15 deadline. In 2024, the average tax refund was $3,138 — based on 104 million total refunds issued by the IRS. A windfall that large can go a long […]
Cash News You know how it goes. You type in a question like, “How much house can I afford with a $70,000 salary,” and the internet gives you an if-then answer. Or a “between this and that.” Or, “Here’s how to do the math.” How about a straight answer? That’d be nice, huh? An answer […]
Cash News Your net worth, or the difference between your assets and liabilities, can be a helpful figure in determining your financial health. Ideally, your net worth grows over time as you acquire more wealth and pay off debt. So. what should your net worth be at this point in your life? While there’s not […]
Cash News FabrikaCr via Getty Images Individual retirement accounts, commonly known as IRAs, are a tax-friendly way to build retirement savings. A Roth IRA has unique benefits, especially compared to a traditional IRA. Understanding IRA contribution limits, tax implications, and withdrawal rules will help you understand how this financial tool can support you in retirement. […]
Cash News Making a budget doesn’t have to be hard, but there are a few simple mistakes you’ll need to avoid. One of the most common missteps people make is getting their gross and net income mixed up. These two terms might seem interchangeable, but there’s a big difference between the two. If you mix […]
Cash News Summary: TD Bank is a major U.S. bank that serves over 10 million customers through its retail, small business, and commercial banking products. Its products include checking and savings accounts, credit cards, mortgages, lending, and investing products. TD Bank operates over 1,100 branches nationwide and a network of 2,600 ATMs. This account is […]
Cash News The Federal Reserve lowered the federal funds three times in 2024. As a result, deposit account rates are on the decline. The good news: You can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs still pay rates above 4%. […]
Cash News Mortgage rates are down across the board today. According to Zillow, the average 30-year fixed rate has dropped by six basis points to 6.44% — meaning it has dropped below 6.50% for the first time since mid-December. The end of February could be a good time of year to buy a house. Not […]