The Fed’s upcoming rate decision may not have as much of an impact on your credit cards as you’d think. jittawit.21/Getty Images Credit card debt has continued to climb in the past year, and cardholders now owe a collective $1.28 trillion on their credit cards, the highest level on record. But that’s hardly the only … Read more
Mortgage interest rates have been gradually declining over the past year, but will that continue this March? Getty Images/iStockphoto Heading into March, there were multiple items borrowers were monitoring that could impact their mortgage rate offers. The first, the unemployment report for February, was released on March 6, and it showed an uptick in the … Read more
Today’s mortgage interest rates may be low enough to support purchase or refinancing activity from borrowers. Getty Images/iStockphoto With an unemployment report showing a rise in the rate last week and a new inflation report set to be released on Wednesday, there are plenty of questions surrounding the interest rate climate right now. Add in … Read more
A HELOC currently stands out as one of the better, more affordable ways to borrow home equity. Getty Images/iStockphoto With multiple economic developments occurring in 2025, from changing domestic policies to drops in inflation and interest rates, homebuyers may have understandably missed an important revelation: home equity levels are at an all-time high. Homeowners started … Read more
Today’s mortgage interest rates may be low enough to support purchase or refinancing activity from borrowers. Kirpal Kooner/Getty Images Shopping around for mortgage interest rates is integral to the purchase or refinancing process for borrowers. Unfortunately, in recent years, it’s also been a discouraging one, as a combination of high inflation and high interest rates … Read more
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
Mortgage rates are edging up on Thursday amid renewed inflation fears tied to the war in Iran. The average national rate for a 30-year fixed-rate mortgage rose to 6%, up modestly from 5.98% last week, the lowest since September 2022, according to new data from Freddie Mac. Home loan costs remain far lower than a year ago, when … 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
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
A rise in rectal cancer rates is driving an increase in colorectal cancer diagnoses in people younger than 65, according to a report published Monday from the American Cancer Society. Colorectal cancer rates in people under 65 are surging, with nearly half (45%) of new diagnoses occurring in this age group, up from 27% in … Read more