American Debt Reaches All-Time High: How A Shark Tank Investor Would Tackle Rocky Finances
Consumer debt is on the rise, with mortgage balances, student loans, auto loans and credit card balances up across the board. But “Shark Tank” investor Kevin O’Leary is coming in hot with concrete advice to stifle debt growth, dishing out tips on how to pay down your loans efficiently and build a financial nest egg. […]
Gen-Z’s Guide: Credit Cards That Reward You While Grocery Shopping And Dining Out
Think Gen-Z is all about avocado toast and $20 smoothies? Think again. Economic pressure is reshaping how young adults plan their meals, turning grocery carts and dining tables into strategic financial battlegrounds. According to a Bank of America report, 64% of Gen-Z is actively cutting expenses to cope with the higher costs of living. Specifically, […]
How To Get a Business Line of Credit In 5 Steps
A business line of credit offers a preset credit limit you can borrow against for business expenses. Businesses that need access to an ongoing pot of cash for operating costs may find that a credit line provides more flexibility than a term loan that only offers one lump sum. /*! purgecss start ignore */.tns-outer{padding:0!important}.tns-outer [hidden]{display:none!important}.tns-outer […]
$600 Tariff Rebate Checks May Be Coming: What You Need To Know
A bill is floating around Congress that would give Americans rebate checks—similar to pandemic stimulus checks—to help offset the cost of tariffs. The current version of the bill, which is in early stages and hasn’t been voted on yet, would distribute “at least” $600 to each adult and dependent child, or $2,400 for a family […]
Current HELOC & Home Equity Loan Rates: August 5, 2025
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up to 85% of their home’s value and pay that amount back in monthly installments. A home equity line of credit […]
This Week’s Personal Loan Rates: August 5, 2025—Rates Fall For Well-Qualified Borrowers
Last week, rates on personal loans moved lower. This means if you’re in the market for a personal loan, whether to finance a project or a major purchase, you can grab a decent interest rate, so long as you’re a qualified borrower. From July 28 to August 2, the average fixed rate on a three-year […]
Money Market Interest Rates Today: August 5, 2025 – Rates At 4.5%
Key Takeaways The highest money market account rate available today is 4.50% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates As of today, the highest money market rate is 4.5%, compared to a national average […]
CD Rates Today: August 5, 2025 – Take Home Up To 4.94%
Key Takeaways Today’s highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your money long-term. Today’s best interest rates on CDs (certificates of deposit) are as high […]
Here Are Today’s Mortgage Refinance Rates: August 5, 2025 – Rates Decline
The rate on a 30-year fixed refinance fell to 6.58% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.48%. On a 20-year mortgage refinance, the average rate is 6.32%. Related: Compare Current Refinance Rates !function(){“use strict”;window.addEventListener(“message”,(function(a){if(void 0!==a.data[“datawrapper-height”]){var e=document.querySelectorAll(“iframe”);for(var t in a.data[“datawrapper-height”])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[“datawrapper-height”][t]+”px”;r.style.height=d}}}))}(); 30-Year Fixed-Rate Mortgage Refinance […]
Mortgage Rates Today: August 5, 2025 – Rates Slide
The current average mortgage rate on a 30-year fixed mortgage is 6.51%, compared to 6.72% a week earlier, according to the Mortgage Research Center. For borrowers who want a shorter mortgage, the average rate on a 15-year fixed mortgage is 5.48%, down 3.74% from the previous week. If you want to lock in a lower […]
