Does Homeowners Insurance Cover Foundation Repair?

Mortgage

Cherdchanok Treevanchai/Getty Images Key takeaways Home insurance typically covers foundation issues caused by covered perils, such as fire and severe weather events like hurricanes and tornadoes. Exclusions to coverage may include wear and tear, neglect,…

Mortgage Rates Dip To 15-Month Low

Mortgage

Image by PM Images/Getty Images; Illustration by Hunter Newton/Bankrate Mortgage rates dipped this week, with the 30-year fixed rate averaging 6.24%, down from 6.25% last week and the lowest level since September 2024, according to Bankrate’s latest lender survey. Current mortgage rates Loan type Current 4 weeks ago One year…

Bank of America Personal Loan Alternatives

Mortgage

Alexandr Dubynin/Getty Images Key takeaways Personal loans aren’t among Bank of America’s product offerings. You can access a small, affordable short-term loan if you’re a current customer and meet the eligibility criteria. You can also explore Bank of America’s HELOC, car loan, mortgage and credit card products to get the…

How To Open A Money Market Account: 5 Steps

Mortgage

Ilya Ginzburg/EyeEm/Getty Images Key takeaways Opening a money market account requires the same documentation as any other bank account including a government-issued ID and your Social Security number, along with a way to fund the account. Read the fine print prior to opening a new money market account to make…

HELOCs Soar Above 8% To Start The New Year

Mortgage

Image: Getty Images; Illustration: Bankrate A huge jump in HELOC rates to start the new year. The $30,000 home equity line of soared 59 basis points to 8.22%, as a major lender ended promotions, according to Bankrate’s national survey of lenders. Meanwhile, the benchmark five-year $30,000 home equity loan dropped…