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CDs vs. high-yield savings accounts: Which is better with inflation rising again?
1+ hour, 10+ min ago (414+ words) Is a CD or high-yield savings account better for savers combating rising inflation now? Here's what to consider. With inflation now at a rate of 3. 3%, its highest level in years and more than a full percentage point above the Federal…...
What are today's HELOC and home equity loan interest rates: February 19, 2026?
1+ mon, 3+ week ago (330+ words) February 19, 2026 / 9: 45 AM EST / CBS News Whether you require an amount like $10, 000 right now or need to borrow a larger amount like $100, 000, you may have a surprisingly affordable funding source at your fingertips " your home equity. The average home equity level…...
How much will a $60, 000 home equity loan cost monthly now that rates are falling?
2+ mon, 3+ week ago (257+ words) January 22, 2026 / 1: 31 PM EST / CBS News And with a home equity loan used for eligible home repairs and renovations, borrowers may even qualify to deduct the interest paid on their loan for the years in which they used the tool. That…...
HELOC interest rates are falling closer to 7%. Here's how much a $100, 000 HELOC costs monthly now.
2+ mon, 1+ week ago (221+ words) February 5, 2026 / 1: 36 PM EST / CBS News These rate drops make a HELOC not only the cheapest way to borrow home equity right now, it also makes it one of the least expensive ways to borrow money overall. And with home equity…...
Almost 50 million homeowners have equity to borrow now: How to calculate yours
8+ mon, 1+ day ago (141+ words) Updated on: August 13, 2025 / 3: 38 PM EDT / CBS News Start comparing your current home equity loan offers here to learn more. That said, you won't be able to borrow all of that equity (the $300, 000 in this example). The borrowable amount is determined…...
Fed Chair nominee Kevin Warsh is worth well over $100 million, new financial disclosure forms show
2+ hour, 18+ min ago (211+ words) Updated on: April 14, 2026 / 12: 53 PM EDT / CBS News Kevin Warsh, President Trump's nominee'to be the next chair of the Federal Reserve, has a net worth exceeding $100 million, making him far wealthier than outgoing Fed Chair Jerome Powell, according to a new…...
HELOC pros and cons to know this May
11+ mon, 2+ week ago (490+ words) We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. A HELOC works as a revolving line of credit, similar to a credit card, .. ....
Should you invest in gold before the October Fed meeting?
5+ mon, 3+ week ago (372+ words) October 20, 2025 / 1: 46 PM EDT / CBS News If you invested in gold in recent years, chances are good that you benefited from multiple features the precious metal offers. Depending on when you bought it, you may have realized a significant return on…...
What are today's home equity loan and HELOC interest rates: April 14, 2026?
10+ hour, 36+ min ago (146+ words) April 14, 2026 / 11: 22 AM EDT / CBS News Start by seeing how much home equity you'd be eligible to borrow here. The average home equity loan interest rate is 6. 95% as of April 14, 2026, according to Money. com. The APR, which represents the full cost…...
Amid tough job market for young Americans, Fed Chair Powell tells students not to despair
2+ week, 1+ day ago (631+ words) Updated on: March 30, 2026 / 3: 01 PM EDT / CBS News Federal Reserve Chair Jerome Powell has a message for young Americans looking for work in a tough job market: Don't be deterred, even as job creation remains weak and the threat of artificial…...
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