Secured vs. Unsecured Business Line Of Credit

Small Business

Hinterhaus Productions/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways Secured lines of credit require collateral. Unsecured business lines of credit do not require collateral, but a personal guarantee may be needed. Consider business needs,…

Mortgage Rates Fall A Bit, Reversing Course Again

Mortgage

Image by PM Images/Getty Images; Illustration by Hunter Newton/Bankrate Mortgage rates reversed course to edge lower this week, with the 30-year fixed rate averaging 6.29%, down from 6.31% the previous week, according to Bankrate’s latest lender survey. Current mortgage rates Loan type Current 4 weeks ago One year ago 52-week…

Dow Jones hits 17th record close of 2025, tops 48,000 for first time

Markets

The Dow Jones Industrial Average rose 328 points to close above the 48,000 level for the first time on Wednesday, registering its 17th record high of the year as investors bet on the end of the longest government shutdown in history and shrugged off concerns about an AI bubble.  Ticker…

Car Repossessions Are Up 43%. Here’s What To Do if It Happens to You |

Mortgage

Shock. Anger. Shame. And finally, hopelessness. The emotions that follow a car repossession can be overwhelming, but they often converge into one lingering question: “What do I do now?” As an insurance agent in 2009, I received this call more times than I can count, as the Great Recession resulted…

Toyota starts production at $14B North Carolina battery plant facility

Markets

Toyota announced Wednesday it has officially begun production at its new $13.9 billion battery manufacturing plant in North Carolina, while committing an additional $10 billion to bolster its U.S. manufacturing over the next five years. The 1,850-acre facility in Liberty, North Carolina, marks the automaker’s first battery plant outside Japan…