Three of the world’s largest dairy companies are recalling and blocking batches of infant milk formula due to the possible contamination of cereulide, a toxin…
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,…
President Donald Trump’s push to restrict Wall Street investors from buying up single-family homes in the name of promoting affordability could have the opposite effect and push prices higher, investors are warning. Trump signed an executive order on Tuesday that directs federal regulators to promote home sales to individuals and to…
Image by PM Images/Getty Images; Illustration by Hunter Newton/Bankrate Mortgage rates rose this week, with the 30-year fixed rate averaging 6.25%, up from 6.18% 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 6.25%…
Image: Getty Images; Illustration: Bankrate Mixed action for home equity rates in the latest week, with both products landing at their lowest level in three years. The benchmark five-year $30,000 home equity loan fell six basis points to 7.92%, according to Bankrate’s national survey of lenders. At the same time,…
Key takeaways A mortgage preapproval is a statement of how much money a lender is willing to let you borrow to pay for a home. There are several important steps in the mortgage preapproval process, such as shopping around for lenders and gathering financial documents. Getting preapproved makes it more…
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Tax season is fast approaching and several tax policy changes impacting older Americans will be in effect when seniors go to file their returns. The enactment of Republicans’ One Big Beautiful Bill Act (OBBBA) last…
