Category: Personal Finance

NAPFA Releases Tips On Reducing Costs That Can Drain Retirement Savings

The National Association of Personal Financial Advisors today released tips to help consumers better understand financial advisor compensation and common product fees that can impact their financial goals. Nearly 60 percent of investors do not completely understand the fees they pay their financial advisor, according to J.D. Power. NerdWallet research...

Prosper America: New Charity Makes Financial Education Accessible to Everyone

Most Americans don’t have $400 for an emergency. Sixty five percent of American adults don’t have a budget.1 Forty six percent have less than $10,000 saved for retirement.2  These shocking statistics illustrate that, for many people, managing their personal finances is a serious challenge. Prosper America, the nation’s first, independent...

Bankrate: Mortgage Rates Drop to 2017 Lows

Mortgage rates fell the lowest levels of the year, with the benchmark 30-year fixed mortgage rate now 4.16 percent, according to Bankrate.com’s weekly national survey. The 30-year fixed mortgage has an average of 0.28 discount and origination points. The larger jumbo 30-year fixed dropped to the lowest level since mid-November,...

CreditCards.com Weekly Credit Card Rate Report: Average card APR remains at 15.72 percent for second week

The average APR for new card offers remained unchanged this week, according to the CreditCards.com Weekly Credit Card Rate Report. The average is comprised of 100 of the most popular credit cards in the country, including cards from dozens of leading U.S. issuers and representing every card category. Introductory (teaser)...

CreditCards.com Best Travel Credit Cards of Spring 2017

The Chase Sapphire Reserve is the best travel credit card, according to CreditCards.com. If you can afford the $450 annual fee and spend $4,000 in first three months, you’ll have little trouble earning a free flight or luxury hotel stay. Cardholders who use Chase’s Ultimate Rewards portal to redeem their...