Unless misused or abused, higher limits often help your credit score. The more available credit you have and the less of it you need to spend, the lower (and better) your credit utilization ratio. Your credit utilization is a major factor used in calculating your credit score. If, however, you decide to go on a … Read more
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. 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 … Read more
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Current Money Market Rates The current average money market rate is 0.54%, while the highest rate is up to 4.89%, according to Curinos. Here are today’s money market account rates: Average Money Market Rates … Read more
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. 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 … Read more
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. The rate on a 30-year fixed refinance rose to 6.95% today, according to the Mortgage Research Center. Rates averaged 5.95% for a 15-year financed mortgage and 6.81% for a 20-year financed mortgage. Related: Compare … Read more
