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. Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.85%, down 0.16 percentage point from the previous week, according to the Mortgage Research Center. Borrowers may be able to save on interest costs … 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 fell to 6.93% today, according to the Mortgage Research Center. Rates averaged 5.87% for a 15-year financed mortgage and 6.8% for a 20-year financed mortgage. Related: Compare … 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 Today’s highest CD rate is 5.25% for a 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 … Read more
Starting a business is an exciting milestone, and more entrepreneurs are taking that step. In 2024, the U.S. saw an average of 430,000 new business applications per month—an inspiring 50% jump from 2019. But as businesses grow beyond the startup phase, managing cash flow can get more complex—costs can add up quickly and you may … Read more