Cash News When homeowners think about refinancing a mortgage, they don’t always distinguish between various refinance options. A traditional refinance, known as a “rate-and-term refinance” or “non-cash-out refinance,” refers to refinancing a mortgage into a new loan with a new interest rate. You’ll also have different loan terms, such as the length of the loan […]
Cash News Refinancing your mortgage means trading your existing loan for a brand-new one, ideally with more favorable terms, such as a lower interest rate. If you’ve built up equity in your home, you can even use a cash-out refinance to put money from your home equity toward paying for a home improvement project or […]
Cash News The Plum Card® from American Express is a unique business credit card that gives business owners up to 60 days to pay off their monthly balance with no interest. However, you can earn an early-pay discount in the form of cash back if you pay your bill sooner. Here’s how the card works […]
Cash News Summary: Bread Savings, formerly known as Comenity Direct, is a division of Bread Financial — a financial services company that offers personal and business banking products. Bread Savings products and services Bread Savings offers the following banking products: High-yield savings account: This is one of the few today. It has no monthly maintenance […]
Cash News Finding ways to stretch your dollars further is key if you’re a business owner. With the American Express Business Gold Card, you can earn a high rewards rate on some of your most common spending categories, and there is a valuable bonus offer for new card members. The card has a steep annual […]
Cash News Opening a bank account is usually a quick and painless process: Simply fill out a form online or in person and have your account open in minutes. However, there is a chance you could be denied a bank account. There are a few reasons why your bank account application could be denied, and […]
Cash News The Federal Reserve slashed the fed funds rate on Wednesday, and mortgage rates are decreasing too. According to Freddie Mac, the 30-year mortgage rate is down 11 basis points to 6.09%, and the 15-year mortgage rate fell by 12 basis points to 5.15%. “While mortgage rates do not directly follow moves by the […]
Cash News If you’re looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely. Learn more about CD rates today and where to find high-yield CDs with […]
Cash News Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, savings interest rates rose sharply. However, in September, the Fed decided to cut its benchmark rate and deposit rates have begun falling as a result. Still, it’s possible to find high-yield savings accounts paying 4-5% […]
Cash News Whether you’re facing a lasting financial hardship or hit a one-month road bump, missing a credit card payment can be scary. Not only does a missed payment come with fees and penalties that could set you back even further, but the potential hit to your credit score could limit future borrowing access. However, […]