Loans & Mortgages

4+ day, 1+ hour ago   (819+ words) The Federal Reserve raised its interest rate this week, marking its first rate hike in more than three years. The Fed’s target rate is now 3.75% to 4%. The central bank is trying to control inflation, which has stayed above its 2% target…...

5+ day, 23+ hour ago   (760+ words) The Federal Reserve is widely expected to raise interest rates on Wednesday, which would be its first rate hike in more than three years. Markets are strongly expecting a 0.25 percentage-point rate increase. Federal funds futures are pricing in about a…...

1+ week, 1+ day ago   (1779+ words) It's much harder to qualify for personal loans, mortgages, credit cards and other financial products with bad credit. Lenders use your three-digit credit score to determine how likely you are to make on-time, regular payments. The higher your score, the…...

1+ week, 1+ day ago   (862+ words) The Silent Generation has a credit score to beat. Adults in the Silent Generation, which Experian defines as people aged 80 and older, had an average credit score of 760 in 2025. This figure is the average FICO Score reported by Experian, and…...

1+ week, 1+ day ago   (849+ words) Expert takeaway: In September 2026 the choice between fixed and floating is not a bet on which rate wins. With 3-month compounded SORA near 1.19% and two-year fixed packages starting from 1.40%, the gap is so thin that the real question is which…...

1+ week, 4+ day ago   (527+ words) Updates editor, CNBC Select In June 2026, peer-to-peer lending platform LendingClub rebranded as Happen Bank, a full-service financial institution with a range of banking and investing services. But the San Francisco-based fintech company is still best known for its personal loans,…...

1+ week, 5+ day ago   (742+ words) Expert takeaway: In 2026, a repricing letter from your own bank is a starting bid, not a best offer. Shopping the market before your lock-in expires is often worth five figures, but only after you net off legal fees and any…...

2+ week, 11+ hour ago   (749+ words) Expert takeaway: Refinancing at lock-in expiry in 2026 is one of the highest-return hours a homeowner can spend, but the saving comes from timing the free-switch window and comparing the three-year cost, not from chasing the lowest headline rate. Here is…...

3+ week, 5+ day ago   (700+ words) A cash-out refinance replaces your current mortgage with a new, larger loan. You then receive the cash difference between the new amount borrowed and the old mortgage balance. Kate Wood breaks down the pros and cons of a cash-out refinance,…...

2+ week, 6+ day ago   (939+ words) Personal loans can come with more costs than just the interest you pay over time. On top of repaying the loan with interest, you may sometimes be on the hook for other charges, like an origination fee. An origination fee…...