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Is now a good time to refinance your mortgage?

Interest rate cuts are gaining momentum. First, a half-point reduction in September. Then, the Federal Reserve lowered its key interest rate again on Nov. 7 by 0.25%. And most recently,…

News Agencies June 11, 2024

World

When will mortgage rates go down? A look at 2024 and 2025.

Since late 2022, mortgage rates have jumped to between 6% and 7%. Rates started to drop this summer in anticipation of the Federal Reserve cutting the federal funds rate by…

News Agencies June 6, 2024

Business

When will mortgage rates go down? A look at 2025.

Since late 2022, mortgage rates have jumped to between 6% and 7%. Rates started to drop in the summer of 2024 in anticipation of the Federal Reserve cutting the federal…

News Agencies June 6, 2024

Business

When is the Fed’s next meeting?

This week, the Federal Open Market Committee (FOMC) — a division of the Federal Reserve responsible for setting monetary policy — met once again to evaluate the health of the…

News Agencies June 6, 2024

Business

6 savings accounts with interest rates of 5% and up (updated weekly)

Today, the national average interest rate for savings accounts is just 0.45%, according to the FDIC. But that doesn’t mean you’re stuck earning a low rate on your savings. Many…

News Agencies June 4, 2024

Business

5 savings accounts with interest rates of 5% and up (updated weekly)

Today, the national average interest rate for savings accounts is just 0.43%, according to the FDIC. But that doesn’t mean you’re stuck earning a low rate on your savings. Many…

News Agencies June 4, 2024

Business

Jobs, inflation, and the Fed: How they’re all related

A hot job market is usually good news for workers. When the unemployment rate is low, people can easily switch jobs and negotiate better pay from employers. Workers have more…

News Agencies May 7, 2024

Europe

Woman raped by father wins payout as police finally admit mistakes in four-decade battle for justice

A woman who was raped by her father has hit out at a catalogue of misogynistic police failings during her four-decade-long fight for justice.Carol Higgins, from West Yorkshire, was repeatedly…

News Agencies April 27, 2024

Checking account bonus offers and promotions: The 7 best for January 2025 (up to 5)

Business

Checking account bonus offers and promotions: The 7 best for January 2025 (up to $325)

If you’re interested in opening a new personal checking account, it could pay to choose one offering a sign-up bonus. This is a one-time cash bonus that some banks and…

News Agencies April 23, 2024

Business

What is the Federal Reserve?

You might think of the Federal Reserve as a bank to banks. It holds bank deposits, lends money to financial institutions, and facilitates the process for banks to borrow funds…

News Agencies April 23, 2024

Business

How to finance a tiny home

Not everyone dreams of living in a three-story mansion in the hills of Malibu. For some, a cozy tiny home is more than perfect. Tiny homes are exactly what they…

News Agencies April 18, 2024

Business

USDA mortgage insurance: What it covers and how much you’ll pay

A USDA loan, which is backed by the U.S. Department of Agriculture (USDA), allows home buyers to purchase a home with no money down. USDA loans often have lower interest…

News Agencies April 13, 2024