Ayesha Garnett is defying the housing market’s grim math. A housekeeper in Philadelphia, Garnett says she doesn’t make much, but she’s smart with what she’s got.…
Tax season is in full force as the deadline to file or request an extension is less than three weeks away, and some Americans who have already filed their returns are waiting to receive a…
Mortgage rates spiked this week as the conflict in Iran continues to weigh on markets, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6.38% from last week’s reading of 6.22%. The average…
PORTLAND, Maine – Maine’s lobster industry is facing mounting pressure after a harsh winter reduced fishing activity, slowed catches and added to rising costs across the sector. The state, the largest lobster producer in the U.S., recorded its fourth consecutive annual decline in total catch, according to the Maine Department…
Key takeaways Brokerage accounts can function like high-yield savings accounts by holding cash in money market funds or government bonds. Many brokerages offer competitive yields on cash balances, sometimes matching or exceeding traditional savings account rates. You can earn 2.5% to 3.8% on cash through money market funds, short-term bond…
Image by PM Images/Getty Images; Illustration by Hunter Newton/Bankrate Mortgage rates moved up once again this week, with the 30-year fixed rate averaging 6.44%, up from 6.27% 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…
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Federal Reserve Vice Chair for Supervision Michelle Bowman said on Friday that she’s penciled in multiple rate cuts before the end of the year. “I’m still concerned about the job market,” Bowman, considered one of…
