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Key Refinance Rates Trend Upward

Published: 03 May 2024 at 10:46

Finance & Economics

Multiple key refinance rates showed an increase this week, suggesting it may be advantageous to wait before refinancing. Katherine Watt, a CNET Money writer, focuses on mortgages, home equity, and banking. Laura Michelle Davis, an editor at CNET, has over 10 years of experience in publishing and believes technology should serve the people. CNET's staff, not advertisers or partners, determine product reviews.

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Interest rates are expected to drop later this year, so now's the time to take advantage of high APYs before it's too late. Liliana Hall Associate Writer Liliana Hall is a writer for CNET Money covering banking, credit cards and mortgages. Previously, she wrote about personal credit for Bankrate and CreditCards.com. She is passionate about providing accessible content to enhance financial literacy.

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Why You Can Trust CNET Money CNET editors independently choose every product and service we cover. Though we cant review every available financial company or offer, we strive to make comprehensive, rigorous comparisons in order to highlight the best of them. For many of these products and services, we earn a commission. The compensation we receive may impact how products and links appear on our site. A credit card's welcome offer could add to your emergency fund, give you a head start on your next trip, or just add to your rewards balance.

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Open a high-yield savings account now to maximize your interest earnings before rates drop. Liliana Hall Associate Writer Liliana Hall is a writer for CNET Money covering banking, credit cards and mortgages. Previously, she wrote about personal credit for Bankrate and CreditCards.com. She is passionate about providing accessible content to enhance financial literacy.

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Why You Can Trust CNET Money CNET editors independently choose every product and service we cover. Though we cant review every available financial company or offer, we strive to make comprehensive, rigorous comparisons in order to highlight the best of them. For many of these products and services, we earn a commission. The compensation we receive may impact how products and links appear on our site. One card has an annual fee, but more perks, while the other offers a higher flat rewards rate with no annual fee required.

Best CD Rates Today -- Lock in a High APY Today to Protect Your Earnings, May 1, 2024


Whatever the Federal Reserve decides this afternoon, opening a high-yielding CD now safeguards your earnings from future rate cuts. Kelly Ernst Editor Kelly is an editor for CNET Money focusing on banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and home equity products. She is passionate about arming consumers with the tools they need to take control of their financial lives. In her free time, she enjoys binging podcasts, scouring thrift stores for unique home decor and spoiling the heck out of her dogs.

Citi Simplicity Card: Reduce Debt With a Balance Transfer


Why You Can Trust CNET Money CNET editors independently choose every product and service we cover. Though we cant review every available financial company or offer, we strive to make comprehensive, rigorous comparisons in order to highlight the best of them. For many of these products and services, we earn a commission. The compensation we receive may impact how products and links appear on our site. The Citi Simplicity Card is one of the best credit cards you could use to get rid of existing credit card debt.

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Why You Can Trust CNET Money CNET editors independently choose every product and service we cover. Though we cant review every available financial company or offer, we strive to make comprehensive, rigorous comparisons in order to highlight the best of them. For many of these products and services, we earn a commission. The compensation we receive may impact how products and links appear on our site. This is a rare unsecured credit card designed for people with bad credit.

Best CD Rates Today - Act Now to Lock in an APY Over 5%, May 3, 2024


With rates on the way down for months, the sooner you open a CD, the greater your earning potential could be. Kelly Ernst Editor Kelly is an editor for CNET Money focusing on banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and home equity products. She is passionate about arming consumers with the tools they need to take control of their financial lives. In her free time, she enjoys binging podcasts, scouring thrift stores for unique home decor and spoiling the heck out of her dogs.

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CNET recommends the best home appliances including generators, coffee makers, dishwashers, solar products, surge protectors, nonstick pans, batteries, and security systems. They also highlight the best solar installers, panels, shingles, and inverters. Additionally, CNET features top picks for grocery delivery services, smart home tech discounts, and tips on energy efficiency and home improvement. New grants for Solar for All programs aim to offer solar access to over 900,000 low- and middle-income residents nationwide.

Best CD Rates Today - Score a High APY While You Still Can, April 30, 2024


Where will rates go after the Federal Reserve meets this week? That remains to be seen. But one thing that's clear: APYs are still high on these top CDs. Kelly Ernst Editor Kelly is an editor for CNET Money focusing on banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and home equity products. She is passionate about arming consumers with the tools they need to take control of their financial lives.

Best Savings Rates Today -- Don't Miss Out On APYs This High, April 23, 2024


Supercharge your savings today with APYs up to 5.55%. Liliana Hall Associate Writer Liliana Hall is a writer for CNET Money covering banking, credit cards and mortgages. Previously, she wrote about personal credit for Bankrate and CreditCards.com.

Best CD Rates Today, April 19, 2024: Don't Sleep on APYs as High as 5.35%


CD rates are likely the best you'll find all year. Kelly Ernst Editor Kelly is an editor for CNET Money focusing on banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and home equity products. She is passionate about arming consumers with the tools they need to take control of their financial lives. In her free time, she enjoys binging podcasts, scouring thrift stores for unique home decor and spoiling the heck out of her dogs.

Key Refinance Rates Trend Upward Key Refinance Rates Trend Upward Key Refinance Rates Trend Upward

SOURCES

Business Insider

Mortgage Interest Rates Today, May 3, 2024 | Rates Inch Down but Remain Above 7%

Business Insider

CNET

Mortgage Refinance Rates Move Higher: Current Refinance Rates on May 3, 2024

Katherine Watt

CNET

Mortgage Rates Increase for Prospective Buyers: Today's Mortgage Rates for May 3, 2024

Katherine Watt

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