HELOC rates have been steadily decreasing throughout the year. According to the analytics company Curinos, the average rate on a home equity line of credit is 7.75%, an all-time low for 2025. HELOC rates could continue to drop. The prime rate has the most significant impact on HELOC interest rates,…

Mortgage rates have fluctuated today, but the rate on the most popular term — the 30-year fixed-rate mortgage — has decreased. According to Zillow, the average 30-year fixed rate is down four basis points to 6.20%, its lowest point in over a month. Here are the current mortgage rates, according…

Here’s a look at how today’s high-yield savings account rates stack up. The Federal Reserve cut the federal funds rate three times in late 2024, and it recently announced its first rate cut of 2025 which means deposit rates are on the decline. It’s more important than ever to ensure…

When a customer makes a purchase with a credit card, there are a lot of steps behind the scenes to get their payment from the card to the merchant’s bank account. One of the most important parts of owning a small business today is ensuring that process runs smoothly. Whether…

Personal loans make it easy to borrow money for home renovations, dental procedures, or moving costs. But there are hundreds of banks, credit unions, and online lenders that offer personal loans, so how can you be sure to choose the right one? While the loan’s annual percentage rate (APR) affects…

As AI reshapes productivity and investing, its next frontier is medicine and building custom cures. The rise of “one-patient medicine” could change both healthcare and finance as we know them.The End of the Old ModelFor decades, we trusted big pharmaceutical companies to deliver the cures of the future—blockbuster drugs, cutting-edge…

Your home is one of your biggest assets, and leveraging the equity you’ve built up doesn’t have to be difficult. You can convert the funds into the cash needed to achieve a major life goal or cover a large expense. Home equity loans, home equity lines of credit (HELOCs), and…

A federal court has formally suspended a legal challenge over stalled student loan forgiveness, ruling that staying the proceedings was necessary due to the ongoing government shutdown. The move could have major financial repercussions for many borrowers who qualify for loan forgiveness now but may incur significant tax consequences if…

Of all the differences between owning a home and renting one, the opportunity homeowners have to build equity may be the most significant. Through a combination of market appreciation and years of making mortgage payments, homeowners often accumulate a substantial amount of equity in their homes. You can also borrow…

If you need to pay off debt, remodel your residence, or cover another large expense, consider tapping into your home equity. Two popular tools for doing so are a cash-out refinance and a home equity line of credit (HELOC). Read more: How to choose between a second mortgage vs. refinance…