Cash News Anytime you go on vacation, the hotel you choose can have a big impact on your trip — whether you prioritize luxury accommodations with the best views and amenities, or just need a place to sleep and recharge before setting back out to explore. No matter what type of traveler you are, you […]
Cash News If you want to maximize your spending power, a cash-back credit card can be a helpful financial tool, even with today’s current inflated prices. After all, building credit is integral to your financial journey — and doing so with a cash-back credit card gives you added perks such as rewards, bonus cash back, […]
Cash News While rewards and savings may be top of mind when choosing the right credit card to take on your next trip, don’t underestimate the value of another key benefit: no foreign transaction fees. When these fees do apply, they can cost as much as 3% of your total transaction — every time you […]
Cash News A housing market crash happens when home values plummet due to a lack of demand for homes or an oversupply. Housing market crashes can happen for multiple reasons, such as a deep recession or depression causing homeowners to lose their jobs, high mortgage rates making homes unaffordable, or a glut of available homes […]
Cash News The Federal Reserve cut the federal funds rate this month, which means deposit rates will soon follow. It’s more important than ever to ensure you’re earning the highest rate possible on your savings, and a high-yield savings account could be the solution. These accounts pay more interest than the typical savings account — […]
Cash News The Federal Open Market Committee (FOMC) voted to reduce the federal funds rate for the first time since 2020 — and by a whopping 50 basis points. This change likely marks an end to record-high interest rates for interest-bearing deposit accounts. That’s unfortunate news for savers. But on the plus side, there are […]
Cash News This September, thousands of misguided TikTok and X users took part in a viral trend involving Chase Bank. After learning about a so-called “infinite money glitch” through various posts, the social media users wrote themselves bad checks, deposited them via ATM, and then withdrew the cash right away. Unfortunately, the “money hack” was […]
Cash News When you lock in your mortgage rate, it’s guaranteed for a certain period of time, usually between 30 and 60 days. But if you’re applying with a mortgage lender that offers a float-down option, that could change. With a float down, you can reduce your locked-in rate if market rates drop before your […]
Cash News As you go through the home-buying process for the first time, you’re bound to encounter different interest rates when looking for loans online or working with mortgage lenders. We’ll discuss what APR means and the difference between APR and interest rate so you can feel confident in the home loan you choose to […]
Cash News Mortgage rates are (thankfully) decreasing, but they’re still nowhere near the lows we saw in 2020 and 2021. But there is a way to lower your mortgage costs: a buydown interest rate. With this method, you pay more at closing to lower your mortgage interest rate. While it costs more money up-front, it […]