A mortgage interest rate lock could be advantageous for buyers and owners looking to refinance now. Pla2na/Getty Images Around 99%. That’s the likelihood that the Federal Reserve will continue to keep interest rates on pause when it meets again on June 16 and June 17, according to the CME Group’s FedWatch tool. Now at a … Read more
A mortgage interest rate lock could have multiple advantages for borrowers now. Olga Yastremska/Getty Images When it comes to finding a low mortgage interest rate, timing plays a critical role. Unfortunately, as many borrowers have seen in recent months, the timing lately hasn’t been very beneficial. Thanks to a combination of overseas conflicts, pronounced market … Read more
A CD interest rate lock could make sense for many savers this week. J Studios/Getty Images Borrowers hoping for some rate relief when the Federal Reserve meets this week will have to wait a bit longer. With the likelihood of a rate cut at the conclusion of the central bank’s April meeting near zero, according … Read more
Locking a mortgage interest rate before the Federal Reserve’s April meeting can help protect borrowers. Serhii Shleihel/Getty Images In a different economic climate, a looming Federal Reserve meeting would be welcomed warmly by borrowers, especially those looking to buy a home or refinance their existing one. The Federal Reserve, after all, is a big driver … Read more
Locking a portion of your money into a high-rate CD account can make sense this April. John Piekos/Getty Images Your savings strategy should incorporate multiple elements, but perhaps the most important one comes down to timing. And while that’s always critical to get right, it’s particularly important when considering a certificate of deposit (CD) account. … Read more
A mortgage interest rate lock has multiple, timely benefits for borrowers to explore right now. Pla2na/Getty Images The homebuying process always needs to be approached strategically, but in the unique economic climate borrowers find themselves in this month, it’s arguably more important than usual to make the right decisions. Mortgage interest rates just in February, … Read more
Toyota is recalling roughly 550,000 Highlander SUVs due to a supplier defect that could cause the seat backs to fail to lock properly, increasing the risk of injury. The recall affects Highlander and Highlander Hybrid vehicles, model years 2021 to 2024, equipped with recliner technology in the second-row seats. The technology is intended to allow … Read more
A mortgage interest rate lock in today’s rising rate climate could make sense for borrowers. Pla2na/Getty Images Slowly but gradually, mortgage interest rates look like they’re heading up again. After rates looked to be moving comfortably toward the 5% mark in early February, they’ve since risen in recent weeks, sparked by a combination of overseas … Read more