July 4, 2024
Loans

What to know to save money

A good credit score can save you as much as $10,000 on a car. A bad score can cost you that much. Your credit score largely determines how much interest you pay on a car loan. And interest rates are running high. The average new car loan was $40,366 in 2023. But the total cost

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Mortgage

Is the housing market becoming affordable? A glimmer of good news

More affordable homes are coming onto the market. In May, there were 35.2% more homes for sale than a year earlier. Every region in the U.S. saw gains in May. Mortgage rates are high, home prices are lofty and selection is slim. There isn’t much to like about the housing market, except for one small

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Investment

A bank’s offering a 100-year CD. Should you consider investing in one?

Savers may want to lock in high interest rates for the long haul before they likely head lower later this year. But is 100 years too long? Concord, New Hampshire-based Walden Mutual Bank is finding out. The financial institution is offering a100-year Local Impact Certificate of Deposit (CD) paying a fixed 4.75% annual interest rate.

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Finance

12 financial moves to make this spring

Spring cleaning can mean tidying up your wallet or pocketbook, as well as your closet. In the spirit of renewal, here are 12 financial moves you should make this spring. Some are annual rituals, or should be. Others are tasks we tend to put off, but shouldn’t. 1. Revisit your resolutions Many of us set

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