If you've been a prospective homebuyer in recent years, you might be forgiven for thinking that there were no "good" mortgage interest rates available. That's because there often weren't. At one point ...
Thirty-year mortgage rates fell to a one-year low today. Today, the mortgage interest rate on a 30-year fixed mortgage is ...
Learn the differences between nominal and real interest rates, their effects on loans and investments, and how they influence economic trends and purchasing power.
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What is deferred interest and is it worth it?
With deferred interest offers, interest begins accruing immediately from the original purchase date, and if the balance is not paid in full by the end of the promotion period, the consumer is ...
As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is deductible for tax year 2025. The short answer is yes, but whether or not ...
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Residual interest: What you need to know
It’s crucial to understand how residual interest is calculated, especially if you carry a balance on your credit card. If not properly managed, residual interest can impact debt repayment and your ...
The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.
You’re more likely to find rates below 5.00% when you have a higher credit score ...
Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able to deduct interest on loans ...
The sweeping GOP tax bill calls for an above-the-line deduction of up to $10,000 in car loan interest during a given taxable year. You'd pay no tax on that interest, if you qualified. The proposed tax ...
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