Mortgage interest rates may now be low enough to support purchase or refinancing activity from borrowers. carlofranco/Getty Images An unemployment report released on Friday showed a loss of 92,000 jobs in February, and that, in turn, caused an increase in the unemployment rate to 4.4%. After a report last month had shown a decline here, … Read more
HELOC interest rate declines have made it one of the better borrowing products for homeowners now. Getty Images/iStockphoto The decline in the home equity interest rate climate isn’t slowing down. Case in point? The average rate on a home equity line of credit (HELOC) declined again this week, according to Bankrate data released on Wednesday. … Read more
The federal government is estimated to owe American businesses up to $175 billion in tariff refunds after the Supreme Court struck down much of the Trump administration’s import duties last month. But the U.S. could end up owing considerably more money, according to a new analysis — in interest payments. Research from the Cato Institute, a nonpartisan … Read more
Savers can still earn substantial returns on their money with select CD accounts opened this March. ingwervanille/Getty Images It’s always a good idea to keep your money in a safe and profitable place. But in the economic climate of early March 2026, when stock market returns are volatile, many savers may understandably be looking for … Read more
Interest earnings on a $100,000 deposit could stack up quickly in the remaining months of 2026. Getty Images/iStockphoto Depositing a large, six-figure amount of money into a savings account is often the conventional way to boost and protect your money. But the economic climate of early March 2026 isn’t exactly conventional, either. Stock market volatility … Read more
Mortgage interest rates have improved for buyers and current owners hoping to refinance their existing loans. Grace Cary/Getty Images News at the end of February that FreddieMac now had average mortgage interest rates listed under 6% may have been surprising to some borrowers, but for others, it wasn’t all that shocking. Mortgage interest rates, depending … Read more
Mortgage interest rates have considerably declined over the past year, but could they actually fall all the way back to 3%? Getty Images/iStockphoto The week of September 8, 2022. That was the last time in which FreddieMac, the Federal Home Loan Mortgage Corporation, had the average 30-year mortgage interest rate listed under 6%. Until this … Read more
There are three upcoming March dates in which mortgage rates may decline again. Alfieri/Getty Images Timing the mortgage interest rate climate, as even buyers and owners with limited experience know, can often feel like an impossible task. And in the interest rate landscape of recent years, there wasn’t even much to time. Mortgage interest rates … Read more
Mortgage interest rates have considerably improved compared to where they had sat in recent years. sakchai vongsasiripat/Getty Images Hunting for a low mortgage interest rate in the economic climate of 2023 and 2024 was often a quick – and fruitless – process. With mortgage interest rates in the summer of 2023 hitting their highest point … Read more
A $50,000 deposit into a CD or high-yield savings account could prove to be a lucrative choice this year. BanksPhotos/Getty Images Even after the impact of decades-high inflation in recent years and an elevated interest rate climate that still has a long way to cool further, $50,000 represents a sizable sum of money saved. And … Read more