MONEY

A personal line of credit consists of a set amount of funds borrowed by applicants as needed, repaid over time, and borrowed again. The creditor determines the size of payments, the interest rates, and the sum applicants may withdraw. Some lines of credit include a type of debit or credit Read more…

Mortgage rates fell below 5% this week. getty The average rate for the most popular type of mortgage in the U.S. fell below 5% for the first time in four months, capping the biggest two-week decline in 35 years. The national average rate for a 30-year fixed home loan dropped Read more…