You’ve heard of home equity lines of credit (HELOCs) and home equity loans, which let you borrow against the value of your home, getting ready cash for renovations, debt consolidation or anything else. But jumping through the income-qualification hoops that characterize much home-based financing may be difficult for borrowers with…
Key takeaways The NCUA (National Credit Union Administration) insures credit union deposits up to $250,000 per depositor, per institution, per ownership category. NCUA insurance provides the same protection as FDIC insurance at banks. Both are backed by the full faith and credit of the U.S. government. Joint accounts receive $250,000…
Key takeaways Your credit card APR can go up if the prime rate changes, you paid your credit card bill late, your intro APR offer ended or your credit score dropped. If your APR increases, you can work on paying down your balance or transfer your balance to a card…
Image by PM Images/Getty Images; Illustration by Hunter Newton/Bankrate Mortgage rates fell this week, with the 30-year fixed rate averaging 6.18%, down from 6.25% last week, according to Bankrate’s latest lender survey. Current mortgage rates Loan type Current 4 weeks ago One year ago 52-week average 52-week low 30-year 6.18%…
Trending
Spotlight This Week
More Articles
Personal Finance
The nation’s 75 million Social Security recipients will receive a 2.8% cost of living adjustment (COLA) increase in their benefits…
Historically Black colleges and universities are on the frontlines of the One Big Beautiful Bill Act’s new limits on parent…
The big new fees JPMorgan Chase is planning to charge some financial technology companies may well trickle down to consumers,…
With artificial intelligence beginning to eat away at many white-collar entry-level jobs, and the unemployment rate for recent college graduates…
Featured Articles
Image by GettyImages; Illustration by Bankrate Key takeaways Non-qualified mortgages, known as non-QM loans, are an option for those who might struggle to qualify for a standard mortgage, such as self-employed borrowers and gig workers. Non-QM loans have more flexible income and credit standards, but…
Dept Managmnt
2. Coaching and Tutoring Take stock of your areas of expertise – maybe you speak a second language or solving math equations comes…
Banking
These entrepreneurs, traders and investors are making an outsized impact in fintech, crypto and traditional financial services.By Jeff Kauflin, Hank Tucker and Nina…
Credit Cards
All News
Capital gains are the profit you earn when you sell an asset like a home, business or stocks. Those gains are subject to capital-gains taxes, but capital gains are taxed differently depending on the type of asset — and how long you owned the asset. That’s because, while the federal…
Key takeaways The first step to saving is setting specific, achievable goals and tracking your progress using a digital budgeting tool, spreadsheet or pen and paper. Following a budget can help you identify ways you can add to savings as well as pay down debt. Ways to help you save…
“I’m standing there watching my house burn, and I’m like, oh my goodness, this is everything that I worked for.” When Rahkim Sabree, AFC followed a gut feeling to return home early from an outing in October, he didn’t expect to find his living room engulfed in flames. “It’s when…
Key takeaways Using extra cash to pay off your mortgage loan early can save homeowners a hefty amount of interest over time. However, putting available funds into investments instead might yield a more significant return and make you more money. The answer to which is right for you will depend…
staticnak1983/Getty Images Key takeaways Short-term CDs typically are those that mature within one year, while long-term CDs have terms ranging from three to five years. Currently, some top-earning long-term CDs have slightly higher interest rates than short-term ones. You can use a CD ladder to take advantage of the benefits…
Key takeaways A good credit card APR is a rate that’s at or below the national average, which currently sits just below 20%. While there are credit cards with APRs below 10%, they’re most often found at credit unions or small local banks. If you don’t have good credit, you’re…
If you’re looking to buy a home, choosing the right mortgage lender can save you money. That’s especially true if you’re planning on taking out a larger jumbo loan. To help you in your search, here is our guide to the best jumbo mortgage lenders in 2026. Best mortgage lenders…
Investing in a Roth IRA can be a smart way to save for retirement, but enjoying the tax benefits of a Roth generally takes some patience. That’s because you fund these accounts with after-tax contributions, which means you won’t be able to deduct your contribution on Form 1040 at tax…
Financial stress is the mental and emotional strain caused by money worries, and it often spikes after the holidays due to accumulated credit card debt. Creating a clear plan that includes budgeting, debt repayment, and emotional self-care can help you regain control and reduce overwhelm. With the right strategies and…
Opening a Roth IRA might be the single best retirement decision you can make. While Roth IRAs don’t offer immediate tax gratification like other types of retirement accounts, they do give you tax-free growth and you’ll never have to pay any taxes on withdrawals if you follow the rules. In…
Editor's Pick
