Aly J. Yale

2 days ago | cbsnews.com | Aly J. Yale |Angelica Leicht

Interest rates on home equity lines of credit (HELOCs) have been in a steady decline since the fall of last year. In fact, rates are now averaging around 8% — down significantly from their almost 10% peak seen in September of last year. But home equity borrowing rates won't always be falling. While these are positive trends for existing HELOC holders and new borrowers right now, the tides could turn, and HELOCs' changing rates could pose a problem for consumers.

3 days ago | cbsnews.com | Aly J. Yale |Angelica Leicht

Home equity lines of credit (HELOCs) are quickly becoming one of the most affordable ways homeowners can borrow money these days. Not only have HELOC rates fallen overall since the start of 2025, but they're also down considerably over the last year or so, falling from averages near 10% to the 8% point they sit at today. These lower rates have benefitted new borrowers and existing HELOC holders alike — allowing both to reduce their interest and monthly payments with every dip that occurs.

1 week ago | cbsnews.com | Aly J. Yale |Matt Richardson

Gold prices have increased exponentially over the last couple of years, but in recent weeks, things have been a bit more volatile. Case in point: In early April, gold was averaging around $3,140 per ounce. Less than a week later, it had dropped to $2,976, only to near $3,200 within days. The rollercoaster comes down to a few factors — namely, newly introduced tariffs and stock market dips that have investors worried.

1 week ago | cbsnews.com | Aly J. Yale |Matt Richardson

Millions of Americans have filed their taxes and are now anxiously awaiting their refunds. For most people, that will be around $3,170, according to recent statistics from the Internal Revenue Service (IRS) — up from $3,050 in 2024. That's not the only change taxpayers will see soon, though. Starting next tax season, there will be no paper checks issued for refunds, per an executive order from President Trump, nor will taxpayers be able to use paper checks to pay their tax bills, either.

2 weeks ago | cbsnews.com | Aly J. Yale |Angelica Leicht

It's tax filing time, and for many Americans, that means extra financial stress. Some may be unable to pay their tax bills or could find themselves adding onto already existing tax debt — putting them further in deep with the Internal Revenue Service (IRS). If you're dealing with these problems, a tax attorney may be able to help.