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 decreased to 6.93% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.89%. For 20-year mortgage refinances, the average rate is … Read more
But capping interest rates is not a cure-all for debt-driven woes. A 2018 World Bank study of interest rates on loans in other countries found that interest rate caps set below market rates reduced access to credit for low and middle-income borrowers. Banks take on risk by extending credit to consumers, and that risk increases … Read more
You’ll need to take a multi-pronged approach to maximize your credit card rewards. 1. Choose a Card That Matches Your Spending and Travel Habits You’ll want to use a card (or cards) that offer bonus points in spending categories that are meaningful to you. It’s also important to ensure the type of rewards you earn—whether … Read more
Cruise insurance generally covers the following—up to your policy limits— if the expense is caused by a reason listed in your policy or not excluded from coverage: Travel Medical Insurance This pays for medical expenses associated with injuries and illness you get while on the trip. The top travel insurance plans have $500,000 in travel … Read more
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations.   Key Takeaways: The Cheapest Car Insurance in Colorado Colorado Farm Bureau has the overall cheapest car insurance in Colorado across a variety of driving records, based on the companies in our analysis. Colorado … Read more