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Yesterday, the Federal Reserve cut the federal funds rate by 25 basis points at its December meeting. As with previous cuts in September and October, mortgage markets had been expecting this cut, and had largely priced it in. In other words: Don’t expect mortgage rates to plunge in response to the news.Today, the average interest rate on a 30-year, fixed-rate mortgage ticked down to 6.14% APR, according to rates provided to NerdWallet by Zillow. This is just one basis point lower than yesterday but 14 basis points higher than a week ago. (See our chart below for more specifics.) A…

Yesterday, the Federal Reserve cut the federal funds rate by 25 basis points at its December meeting. As with previous cuts in September and October, mortgage markets had been expecting this cut, and had largely priced it in. In other words: Don’t expect mortgage rates to plunge in response to the news.Today, the average interest rate on a 30-year, fixed-rate mortgage ticked down to 6.14% APR, according to rates provided to NerdWallet by Zillow. This is just one basis point lower than yesterday but 14 basis points higher than a week ago. (See our chart below for more specifics.) A…

Yesterday, the Federal Reserve cut the federal funds rate by 25 basis points at its December meeting. As with previous cuts in September and October, mortgage markets had been expecting this cut, and had largely priced it in. In other words: Don’t expect mortgage rates to plunge in response to the news.Today, the average interest rate on a 30-year, fixed-rate mortgage ticked down to 6.14% APR, according to rates provided to NerdWallet by Zillow. This is just one basis point lower than yesterday but 14 basis points higher than a week ago. (See our chart below for more specifics.) A…

Yesterday, the Federal Reserve cut the federal funds rate by 25 basis points at its December meeting. As with previous cuts in September and October, mortgage markets had been expecting this cut, and had largely priced it in. In other words: Don’t expect mortgage rates to plunge in response to the news.Today, the average interest rate on a 30-year, fixed-rate mortgage ticked down to 6.14% APR, according to rates provided to NerdWallet by Zillow. This is just one basis point lower than yesterday but 14 basis points higher than a week ago. (See our chart below for more specifics.) A…

The one-year high-yield CD average dipped slightly while high-yield savings rates were unchanged from yesterday.The average high-yield savings APY is 3.84% (unchanged from yesterday).The average 1-year high-yield CD APY is 3.77% (-0.01 percentage point from yesterday).How high-yield averages are calculatedThe national average rates are 0.40% for savings accounts and 1.64% for one-year CDs.Banks can adjust deposit rates on savings accounts and CDs at any time, but broader shifts to the entire savings landscape tend to be gradual. If you’re shopping for a better yield, compare savings accounts side-by-side and consider locking some funds in a CD if you want to…

The one-year high-yield CD average dipped slightly while high-yield savings rates were unchanged from yesterday.The average high-yield savings APY is 3.84% (unchanged from yesterday).The average 1-year high-yield CD APY is 3.77% (-0.01 percentage point from yesterday).How high-yield averages are calculatedThe national average rates are 0.40% for savings accounts and 1.64% for one-year CDs.Banks can adjust deposit rates on savings accounts and CDs at any time, but broader shifts to the entire savings landscape tend to be gradual. If you’re shopping for a better yield, compare savings accounts side-by-side and consider locking some funds in a CD if you want to…

The one-year high-yield CD average dipped slightly while high-yield savings rates were unchanged from yesterday.The average high-yield savings APY is 3.84% (unchanged from yesterday).The average 1-year high-yield CD APY is 3.77% (-0.01 percentage point from yesterday).How high-yield averages are calculatedThe national average rates are 0.40% for savings accounts and 1.64% for one-year CDs.Banks can adjust deposit rates on savings accounts and CDs at any time, but broader shifts to the entire savings landscape tend to be gradual. If you’re shopping for a better yield, compare savings accounts side-by-side and consider locking some funds in a CD if you want to…

I’ve never been into cruises, but when the opportunity to sail to Alaska on Holland America’s Eurodam came up, I knew I had to say yes. I love Alaska, and I hadn’t been on a cruise since I was in elementary school.Those seeking a flashy party cruise with water slides should look elsewhere. What Holland America does deliver on is a sophisticated environment with chill vibes, making it a solid choice for family reunions and friend groups, as well as multigenerational trips. Holland America does have a reputation of skewing older — a fact many poked fun at throughout the…

You don’t have to do your own taxes, but you don’t have to pay an arm and a leg to file your income tax return either. If you have a relatively simple tax situation — for example, if you work for a single employer and don’t qualify for many itemized tax deductions — you can take advantage of more than a dozen free online tax preparation software programs for your federal tax return. That’s great news if you don’t want to eat into your federal tax refund or fork over your credit card number before sending your tax return off…

You don’t have to do your own taxes, but you don’t have to pay an arm and a leg to file your income tax return either. If you have a relatively simple tax situation — for example, if you work for a single employer and don’t qualify for many itemized tax deductions — you can take advantage of more than a dozen free online tax preparation software programs for your federal tax return. That’s great news if you don’t want to eat into your federal tax refund or fork over your credit card number before sending your tax return off…