Cash News If you can’t make at least the minimum payment on your credit card bill, it’s always better to take action sooner rather than later. Missing payments can lead to high fees, higher interest, and a lower credit score. Your credit card issuer is your first line of defense against missing a credit card […]
Cash News If you’re looking to improve your finances, saving money is a great place to start. Many financial experts recommend creating an emergency savings fund with at least six months’ worth of living expenses. And it’s wise to save money toward other financial goals, such as college or retirement, as well. If you can’t […]
Cash News If you’re looking for a safe place to store your savings while earning interest on your balance, a certificate of deposit (CD) is a great option. There are many types of CDs, each with their own advantages and drawbacks. One type promises to increase your interest rate at regular intervals throughout the term. […]
Cash News There are many reasons to refinance your mortgage. Maybe you want to take advantage of lower interest rates and reduce your monthly mortgage payments. You might need more time to pay off your loan — or want to . You can also refinance as a way to turn your home equity into cash. […]
Cash News Summary: Based in Connecticut, Synchrony Bank is an online bank that offers consumer savings and credit products, including savings accounts, money market accounts (MMAs), certificates of deposit (CDs), credit cards, and more. Synchrony also provides business banking products and services. Synchrony Bank products and services Synchrony offers a handful of savings products and […]
Cash News The economy is a hot topic right now. Chances are, you’ve heard journalists, lobbyists, politicians, and economists mention the Consumer Price Index (CPI) when discussing the current inflation rate and the need for an interest rate adjustment. But what is the CPI, and how does it affect you? The CPI is an index […]
Cash News Some mortgage rates have increased today, while others have decreased. For example, according to Zillow data, the 30-year fixed mortgage rate for home purchases has risen two basis points to 5.70%. However, the 30-year refinance rate has dropped 25 basis points to 5.71%. Even though 30-year purchase rates have inched up, there is […]
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 account rates will start to fall in the near future. The good news is […]
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 this month, so now could be your last chance to lock in a competitive rate. CD rates […]
Cash News Mortgage rates have fallen significantly over the last couple of months. According to Zillow data, today’s 30-year mortgage rate is 5.70%, down 80 basis points since July 22. The 15-year mortgage rate is 5.04%, which is 71 basis points lower than this time in July. The Federal Reserve is set to cut the […]