Glen Luke Flanagan

2 weeks ago | fortune.com | Glen Luke Flanagan

The current average rate on 5-year adjustable-rate mortgages is 7.70%, according to data from the popular real estate marketplace Zillow. If you’re considering an ARM to buy a home, whether to call your own or as an investment property, read on—we’ll take a look at average rates for a couple ARM types, show you how ARMs work, and explain when such a loan might be worth considering even though fixed-rate mortgages are by far the more popular option.

2 weeks ago | fortune.com | Glen Luke Flanagan

Glen is an editor on the Fortune personal finance team covering housing, mortgages, and credit. He’s been immersed in the world of personal finance since 2019, holding editor and writer roles at USA TODAY Blueprint, Forbes Advisor, and LendingTree before he joined Fortune. Glen loves getting a chance to dig into complicated topics and break them down into manageable pieces of information that folks can easily digest and use in their daily lives.

3 weeks ago | fortune.com | Glen Luke Flanagan

Glen is an editor on the Fortune personal finance team covering housing, mortgages, and credit. He’s been immersed in the world of personal finance since 2019, holding editor and writer roles at USA TODAY Blueprint, Forbes Advisor, and LendingTree before he joined Fortune. Glen loves getting a chance to dig into complicated topics and break them down into manageable pieces of information that folks can easily digest and use in their daily lives.

3 weeks ago | fortune.com | Glen Luke Flanagan

The highest CD rates available today offer up to 4.60% annual percentage yield. By funding a certificate now, you could secure these high rates for years, depending on the choice of a CD term that best suits your goals. With lower interest rates possible later in 2025, there’s no time to lose. Today’s highest CD rate of 4.60% is offered by Newtek Bank on its nine-month CD.

3 weeks ago | fortune.com | Glen Luke Flanagan

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