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,…
damircudic/Getty Images; Illustration by Richard Tran/Bankrate Keeping track of average personal loan rates can give you an idea of how much you’ll pay for a personal loan for debt consolidation, home improvement, emergencies or any other financial goal that requires quick funding with a fixed monthly payment. The average is…
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…
Key takeaways Refinancing your mortgage means replacing your home’s current mortgage loan with a new one. Homeowners typically refinance to lower their interest rate, but there are other reasons to consider it as well. Refinancing requires paying closing costs, which can be extensive, so it’s important to determine whether you’ll…
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%…
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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…
