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 […]
Key Takeaways Today’s highest CD rate is 5.02% for a 1-year 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 as […]
If you’re constantly planning your next trip, the best travel credit cards available in April 2025 can be valuable resources toward booking and paying for it. The rewards can offset a huge portion of your out-of-pocket expenses and may come with other worthy benefits that pay for themselves, both in savings and avoided headaches. Why […]
Building credit from scratch can feel daunting, but picking the right first credit card can help jump-start the journey. There are three types of starter cards to choose from: student cards, secured cards and no-deposit cards (or unsecured cards). Here’s a breakdown of the best starter credit cards in each category, plus advice on how […]
USAA, Westfield and State Farm are the best high-value home insurance companies, according to our analysis. High-value home insurance generally requires high dwelling coverage limits and liability coverage, and often extra coverage like scheduled personal property and umbrella insurance. Key Takeaways High-value home insurance needs high limits, including dwelling and liability coverage. Home insurance companies […]
Since President Trump announced a new round of tariffs last Wednesday, the stock market has been on a wild ride. On Friday, the S&P 500 posted one of its worst two-day drops ever. It ended the stretch down 10.5%. Then yesterday saw one of the wildest swings in stock market history. And despite today’s apparent […]
Personal loan rates rose last week. But you can still snag a reasonable rate, whether you’re looking to finance a home remodeling project, deal with unexpected bills or temporarily improve your cash flow. For borrowers with a credit score of at least 720 who prequalified on Credible.com’s personal loan marketplace, the average interest rate on […]
Last week, the average interest rate on 10-year fixed-rate private student loans moved up. That’s welcome news for borrowers interested in applying for private student loans. From March 31 to April 5, the average fixed interest rate on a 10-year private student loan was 8.66% for borrowers with a credit score of 720 or higher […]
Getting a credit card is a rite of passage for many young adults on their financial journeys. For some, it may be a first step toward financial autonomy. Others will hope to build a strong credit profile to benefit them during future purchases like a car or house. Whether you’re a student with no credit […]
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 […]