Can You Get A HELOC On An Investment Property?

Mortgage

Key takeaways A home equity line of credit (HELOC) on an investment property is a loan taken out against a piece of real estate that generates income or a financial return. Lenders will consider both…

Should You Get An Adjustable-Rate Mortgage?

Mortgage

Key takeaways Adjustable-rate mortgages (ARMs) have gained popularity as interest rates have risen. ARMs generally have slightly lower rates than fixed-rate mortgages. If you expect rates to fall, or plan to move before the initial fixed-rate period expires, getting an ARM can make sense. With mortgage rates holding steady at high…

Investment bankers say Trump mergers and acquisitions boom already underway

Markets

President-elect Trump doesn’t officially take office for another week, but investment bankers say a boom in Trump-related deal-making is already underway—transactional activity that was stymied by the regulation-heavy Biden administration is poised to explode. This was the conclusion of a panel of investment bankers and private equity executives who discussed…

Treasury Receipts: What They Are And How They Work

Investing

Nitat Termmee/Getty Images Treasury receipts are a type of bond bought at a discount, and the full value is paid at the date of maturity. These types of bonds aren’t issued by the U.S. Treasury Department, but they are backed by U.S. government securities. Whether you’re looking to invest in…

Capital One Sued By CFPB Over Its High-Yield Savings Accounts

Mortgage

The Consumer Financial Protection Bureau (CFPB) announced today it’s suing Capital One for “cheating millions of consumers” who held its flagship 360 Savings account out of more than $2 billion in interest. In the lawsuit, the U.S. government’s consumer watchdog agency accused Capital One of freezing its 360 Savings account’s…