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Key takeaways If you find yourself in too much debt to keep up with, you might be able to negotiate with your credit card issuer to settle some of your debt. Debt settlement works by negotiating with an issuer until they agree to let you pay off part of your…

There aren’t enough homes for sale. Existing homeowners have self-imposed golden handcuffs in the form of 3% mortgage rates, and they aren’t in a hurry to move. We keep hearing that the U.S. needs more housing inventory, which is true, but that lament is geographic. In fact, some markets are…

Image: Getty Images; Illustration: Bankrate A split decision for home equity rates this week. In its fifth straight week of gains, the $30,000 home equity line of credit jumped two basis points to 7.41%, close to its highest level this year, according to Bankrate’s national survey of lenders. Meanwhile, the…

Federal Reserve policymakers were concerned about high energy prices contributing to inflationary pressures in the economy when they held interest rates steady last month, the minutes from the meeting show. The Federal Open Market Committee (FOMC), the Fed panel responsible for monetary policy decisions, released the minutes of policymakers’ April…