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 […]
4 ways to save on taxes in retirement #CashNews.co
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 […]
Can a high-yield savings account replace your 401(k)? #CashNews.co
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 […]
How to start a savings fund for a baby #CashNews.co
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 […]
What is a car insurance premium, and how is it calculated? #CashNews.co
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 […]
A basic credit-builder card with a low minimum deposit #CashNews.co
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 […]
As a personal finance expert, this is the worst savings advice I see on social media #CashNews.co
Cash News As a personal finance writer, my social media feeds are flooded with content from personal finance influencers — or “finfluencers” — offering users the best tips for paying down debt, getting rich quick, and the like. While some of this advice can be useful, I sometimes come across tips that make me do […]
30-year rate down 15 basis points this year #CashNews.co
Cash News Mortgage interest rates have decreased a bit since the beginning of the year. According to Zillow, the average 30-year fixed rate has fallen by 15 basis points to 6.53%, and the 15-year fixed rate is down 17 basis points to 5.87%. Rates shouldn’t nosedive in the near future. You may want to start […]
Best money market account rates today: February 18, 2025 (earn up to 4.75% APY) Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates. #CashNews.co
Cash News Best money market account rates today: February 18, 2025 (earn up to 4.75% APY) Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates. Read More #cashnews #newsfinace #finance #FollowsCashnews
CD rates today, February 18, 2025 (Lock in up to 4.40% APY) #CashNews.co
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%. […]