Cash News Saving money is an important habit and the foundation of a solid financial plan. However, where you put your savings is also important. Today’s savings interest rates vary widely, but some of the best accounts are offering rates of 5% APY and even higher. Let’s take a look at the best savings interest […]
Cash News Since its creation in 1934, the Federal Housing Administration (FHA) has insured home loans so lenders are financially protected should you default on your mortgage payments. This makes it more attractive for lenders to issue mortgages — especially to first-time home buyers and low-to-moderate-income households, making homeownership possible for borrowers who may not […]
Cash News Editor’s note: Ally announced on Jan. 8, 2025, that it was exiting its mortgage origination business as it “right-sizes” the company. Ally cut less than 5% of its 11,100 employees across product lines. Mortgage lending will end in the first quarter of 2025. The Yahoo view: Ally Bank offers a high level of […]
Cash News If you’re disciplined with your credit card use, your cards can be valuable tools. By using a credit card, you can forgo the hassle of carrying cash and even earn valuable rewards to redeem for gift cards, statement credits, airline miles, or travel. However, credit cards have other benefits than just rewards; many […]
Cash News Determining a home’s value is complicated for several reasons, including market fluctuations, the latest real estate trends, and the house’s condition. But one way to get an accurate estimate is by looking at the sales information for similar properties in your area, also known as “comparables” or “comps.” While comparables aren’t a foolproof […]
Cash News If you were invested in stocks and stock mutual funds, 2024 was a charm. A strong economy, sliding inflation, and the Federal Reserve’s interest-rate cuts totalling one percentage point resulted in higher balances for many retirees’ investments. The S&P 500 ended the year with a gain of 23%. The Dow Jones Industrial Average […]
Cash News Questioning where to keep your retirement savings? With a volatile stock market, you may be wary of putting your hard-earned money into investments that can lose value. Meanwhile, a high-yield savings account (HYSA) can offer a safe, reliable return. Today, the best HYSAs pay above 4%. However, you could lose out in a […]
Cash News As a new parent, there are many details to plan for. Yet saving for your child’s future is an important financial responsibility that you may want to start preparing for sooner rather than later. The good news is there are many options available for starting a savings fund for your baby. And even […]
Cash News Car insurance provides crucial protections for motorists in the event of an accident or if their cars are stolen. Car insurance isn’t just a good idea — it’s mandated by law in 48 states and Washington, D.C. To pay for that protection, you are charged a car insurance premium. The premium you pay […]
Cash News Having poor credit — or no credit at all — can make everything from qualifying for an apartment to getting a new cell phone more difficult. But a secured credit card, such as the Secured Self Visa® Credit Card, can help you establish and rebuild your credit. Previously, Self only allowed customers of […]