The current average mortgage rate on a 30-year fixed mortgage is 6.25%, compared to 6.45% a week earlier, according to the Mortgage Research Center. For borrowers who want a shorter mortgage, the average rate on a 15-year fixed mortgage is 5.24%, down 2.89% from the previous week. If you want to lock in a lower […]| Forbes Advisor
Current Money Market Rates The current average money market rate is 0.52%, while the highest rate is up to 4.35%, according to Curinos. Here are today’s money market account rates: Average Money Market Rates How Does a Money Market Account Work? A money market account (MMA) is a type of interest-bearing deposit account offered by […]| Forbes Advisor
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up to 85% of their home’s value and pay that amount back in monthly installments. A home equity line of credit […]| Forbes Advisor
Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up all of your money long-term. The best interest rates on CDs—certificates of deposit—pay u| Forbes Advisor