There's a good chance you can save money on your loans
The Federal Reserve slashed interest rates yet again on October 30, marking the third rate cut since late July. Despite lower interest rates on savings accounts, it's always a good time to store money in a high-yield savings account. Also, mortgage rates on fixed-term loans are low compared to last year, so it could be worth refinancing your mortgage to save money on interest payments. Read more personal finance coverage.
The Federal Reserve slashed interest rates yet again on October 30, marking the third rate cut since late July. Despite lower interest rates on savings accounts, it's always a good time to store money in a high-yield savings account. Also, mortgage rates on fixed-term loans are low compared to last year, so it could be worth refinancing your mortgage to save money on interest payments. Read more personal finance coverage.
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