Roman_Makedonsky/Getty Images: Illustration by Issiah Davis/Bankrate Key takeaways A no-closing-cost refinance means you won’t pay closing costs upfront — but you will roll them into your loan or pay a higher interest rate. A no-closing-cost…

Because annuities are designed to provide long-term income, accessing funds too early can trigger an annuity early withdrawal penalty. Insurance companies typically impose surrender charges if you withdraw money within the first several years, and the IRS may add a 10% penalty on withdrawals before age 59 ½. These costs…

While most personal loan interest rates are fixed, federal rate changes and inflation do impact interest rates for new loan borrowers, although indirectly. As the cost of living rises and more Americans take on personal loan debt, it is important for consumers to understand how inflation and federal rate changes…

Mortgage rates fell again this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 6.26% from last week’s reading of 6.35%. The average rate on a 30-year loan was 6.09% a year…

The Federal Trade Commission (FTC) on Thursday filed a lawsuit against Ticketmaster and its corporate parent, Live Nation, accusing the companies of deceiving performing artists and consumers about price and ticket limits. Seven states joined the FTC’s lawsuit against Ticketmaster and Live Nation for allegedly engaging in tacit coordination with brokers…