Podcasts about Bankrate

Stephen Kates, Financial Advisor at Bankrate, joins Lisa Dent to discuss the latest market numbers and what those numbers mean for homebuyers and builders, as well as the state of the housing market.

Futures are already looking up Monday morning over news of a peace deal with Iran. What will the impact be on the economy? Bankrate's Mark Hamrick takes a look.

Home sales were higher than expected in May, with some good news about first-time home buyers. We break down the report with Ted Rossman, a senior industry analyst at Bankrate.

* Home sales were higher than expected in May, with some good news about first-time home buyers. We'll break down the report with Ted Rossman, a senior industry analyst at Bankrate. * There's a fight over FISA in Washington. So what the heck IS the Foreign Intelligence Surveillance Act? Why is it important? We'll sort it all out

What Exactly Is a Reverse Mortgage? Episode 387 – We hear so much talk these days about reverse mortgages. Are they worth looking into? For some people the answer is yes, but only if certain conditions are met. More SML Planning Minute Podcast Episodes Transcript of Podcast Episode 387 Hello, this is Bill Rainaldi, with another edition of Security Mutual's SML Planning Minute. In today's episode: so what exactly is a reverse mortgage? It's hard to miss all the talk these days about reverse mortgages as an income tool for retirees. Some experts like them, some experts don't. But what are they and how do they work? For many Americans, their biggest asset is the equity they have in their home. Some might not have saved much for retirement. But after years, perhaps decades, of living in the same home, they've built up their home equity through appreciation and amortization of their mortgage. When they look at their balance sheets, that becomes their biggest plus. What options do people have if they get to retirement age, have limited retirement savings, and realize that Social Security just isn't going to be enough? A reverse mortgage is one possible answer. A reverse mortgage is available for homeowners aged 62 and over. It is a way to fund retirement by borrowing against the equity you've built up in your home. The more home equity you have, the better. But it's certainly not for everyone. A reverse mortgage is not the same thing as a home equity line of credit, or HELOC. It's called a reverse mortgage because instead of you making monthly payments to the bank, the bank makes monthly payments to you. The income you get from a reverse mortgage is generally not taxable. You can use that income as needed to cover monthly expenses, including such things as home maintenance, property taxes, or, if needed, home health care expenses.[1] A reverse mortgage isn't free. The amount you owe against your house, which includes the principal and accruing interest, increases as you receive your monthly payments. So over time, your home equity decreases. You are essentially trading a little bit of your home equity every month for current income. Note that you typically don't have to repay the mortgage as long as you continue to use the home as your primary residence. But if you decide to sell your house or move out, the full balance will become due. If you die before you move out, in most cases your executor will sell the home and use the proceeds to pay back the accumulated reverse mortgage debt.[2] Reverse mortgages generally come in three different varieties. The first, and by far the most common, are loans overseen by the Federal Housing Authority. These are known as Home Equity Conversion Mortgages or HECMs. The homeowner has discretion over what to use the funds for, but before closing, they must meet with a counselor approved by the Department of Housing and Urban Development. This one requirement is designed to help curb fraud and abuse. HECMs account for approximately 95 percent of all reverse mortgages.[3] They are more regulated than other types of reverse mortgages and offer some extra protection. For one thing, neither you nor your heirs will ever owe more than the house is worth, even if it goes down in value. And if your lender goes out of business, the federal insurance program guarantees that you will still receive your monthly payments.[4] The maximum you can borrow under the federal program in 2026 is $1,249,125.[5] You will typically need to have at least 50 percent equity in your home (based on appraised value) to qualify. Reverse mortgages typically have adjustable interest rates. Note that the income from a reverse mortgage usually comes in the form of a monthly payment, but that's not a requirement. It can also be in a lump sum. The two other less common types of reverse mortgages are “single-purpose reverse mortgages,” which are backed by a nonprofit organization or a state or local government, and “proprietary reverse mortgages,” which are offered by private organizations without any government backing. Reverse mortgages have had a somewhat mixed reputation over the years. For one thing, the fees involved can be considerable. A reverse mortgage typically has origination fees, mortgage insurance premiums, closing costs and monthly servicing fees, all of which add up.[6] And there are still some scams out there. Some fraudsters will entice vulnerable seniors with misleading or fraudulent claims. One of those might be when a potential intermediary tries to get you into a reverse mortgage, then uses the money for some sort of “investment opportunity” that they control. They will then typically end up pocketing some of your home's equity themselves.[7] One way to avoid scams like this is to start with a trusted financial advisor or your current lender. Are there other potential solutions? Of course. The most obvious is, if possible, to save more at an earlier age and allow compound interest to work its magic. But for a lot of people, that's just not possible. For some people, a reverse mortgage is another option. There are caveats, but this may be a good choice in the right circumstances. A reverse mortgage is not the perfect solution, but for some, depending on their situation, it may be the most viable one. [1] Equifax Life Stages. “What is a Reverse Mortgage and How Does it Work?” Equifax.com. https://www.equifax.com/personal/education/credit/score/articles/-/learn/reverse-mortgage/ (accessed May 19, 2026). [2] Id. [3] Yale, Aly J. “What Is a Reverse Mortgage?” AARP.org. https://www.aarp.org/money/personal-finance/reverse-mortgage-guide/ (accessed May 19, 2026). [4] Id. [5] Johnson, Jamie. “HECM Loan Limits: What They Are and How They Work in 2026.” Themortgagereports.com. https://themortgagereports.com/124868/hecm-loan-limits (accessed May 20, 2026). [6] Miller, Peter G. “Reverse mortgage pros and cons.” Bankrate.com. https://www.bankrate.com/mortgages/reverse-mortgage-pros-and-cons/#cons (accessed May 20, 2026). [7] Goff, Kacie. “Reverse mortgage scams: What they are and how to avoid them.” Bankrate.com. https://www.bankrate.com/mortgages/reverse-mortgage-scams/#common-scams (accessed May 20, 2026). More SML Planning Minute Podcast Episodes This podcast is brought to you by Security Mutual Life Insurance Company of New York, The Company That Cares®. The content provided is intended for educational and informational purposes only. Information is provided in good faith. However, the Company makes no representation or warranty of any kind regarding the accuracy, reliability, or completeness of the information. The information presented is designed to provide general information regarding the subject matter covered. It is not to serve as legal, tax or other financial advice related to individual situations, because each individual's legal, tax and financial situation is different. Specific advice needs to be tailored to your situation. Therefore, please consult with your own attorney, tax professional and/or other advisors regarding your specific situation. To help reach your goals, you need a skilled professional by your side. Contact your local Security Mutual life insurance advisor today. As part of the planning process, he or she will coordinate with your other advisors as needed to help you achieve your financial goals and objectives. For more information, visit us at SMLNY.com/SMLPodcast. If you've enjoyed this podcast, tell your friends about it. And be sure to give us a five-star review. And check us out on LinkedIn, YouTube and Twitter. Thanks for listening, and we'll talk to you next time. Tax laws are complex and subject to change. The information presented is based on current interpretation of the laws. Neither Security Mutual nor its agents are permitted to provide tax or legal advice. The applicability of any strategy discussed is dependent upon the particular facts and circumstances. Results may vary, and products and services discussed may not be appropriate for all situations. Each person's needs, objectives and financial circumstances are different, and must be reviewed and analyzed independently. We encourage individuals to seek personalized advice from a qualified Security Mutual life insurance advisor regarding their personal needs, objectives, and financial circumstances. Insurance products are issued by Security Mutual Life Insurance Company of New York, Binghamton, New York. Product availability and features may vary by state.​ SubscribeApple PodcastsSpotifyAndroidPandoraby EmailTuneInDeezerRSSMore Subscribe Options

Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, and author of ‘The Hamrick Brief‘ on Substack, talks to John about the great jobs numbers released on Friday, the ongoing inflation concern, the likelihood that the Fed raises interest rates this year, and the date behind Mark’s Hamrick American Prosperity Index. Segment 2: Jim Dallke, […]

The Labor Department released a better-than-expected jobs report last Friday morning, but financial markets saw a major sell-off. What gives? Bankrate's Mark Hamrick explains. Also, where's the return on investment from AI?

Is remote work making unemployment worse for the young and inexperienced job seekers? We'll break down a new report with Ted Rossman, a senior industry analyst at Bankrate.

* Is remote work making unemployment worse for the young and inexperienced job seekers? We'll break down a new report with Ted Rossman, a senior industry analyst at Bankrate. * Mayor Moreno recently launched a new task force to crack down on blighted properties around the city. We'll check in with Councilmember Eugene Green about a collapse that happened in his district and working to address the problem.

Mark Hamrick of Bankrate looks at the possible numbers and what it could mean for the housing market and broader economy

In this episode, we tackle one of the biggest questions surrounding higher education today: are some college degrees actually worth less than others? We dive into the reality of student debt, job market demand, salary expectations, and the growing debate over whether college is still the best path to success. From passion-driven majors to high-paying careers, we explore what truly makes a degree valuable in today's economy. Wait, what's a Financial Griot? The Financial Griot is a play on two words (Finance + Griot) that together signify closing the wealth gap while embracing our differences. Alainta Alcin, Lovely Merdelus, and Lawrence Delva-Gonzalez share their perspectives on current events that impact your personal finances and wealth mindset. In the New York Times, Bankrate, and other publications, the hosts share the stories that others don't. Stories about growth, opportunity, and even Wars. Beyond that, we tie it back to how it reflects on your finances. Specifically, we teach you how to become financially literate, incorporate actionable steps, and ultimately build generational wealth. Can you imagine being a Millionaire in 20 years or less? Yeah, it's possible. Eighty percent of millionaires are first-generation, meaning they didn't inherit wealth. We teach you how. Join a community of subscribers who welcome a fresh take on money. So there you have it, The Financial Griot, or TFG for short. The hosts amassed over $3 million in wealth in about eight years and are on track to retire early. We will gladly share the secrets if you want them, since the opportunities are abundant and it's a Win-Win. Find the TFG Crew Hosts on Instagram: Alainta Alcin - Blogger, Travel and Money Enthusiast https://www.linkedin.com/in/alaintaalcin Lawrence Delva-Gonzalez, Financial Foodie and Travel Blogger @theneighborhoodfinanceguy Lovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelus  

Healthcare and social assistance continue to make up the majority of job gains in the US while new home sales are dropping. Bankrate's Mark Hamrick takes a deeper look at what the numbers mean.

Homeownership has been the foundation of the American Dream for generations, and a key part to building wealth and stability. With housing growing more expensive and the inventory decreasing, rising oil prices and inflation are making it even worse. There is wide ranging agreement that Americans are facing a housing affordability crisis, but when will it end? FOX's Tonya J. Powers speaks with Ted Rossman, principal analyst for Bankrate, who says there are many combined factors that have caused this, and offers his thoughts on how to help first time home buyers. Click Here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit podcastchoices.com/adchoices

Homeownership has been the foundation of the American Dream for generations, and a key part to building wealth and stability. With housing growing more expensive and the inventory decreasing, rising oil prices and inflation are making it even worse. There is wide ranging agreement that Americans are facing a housing affordability crisis, but when will it end? FOX's Tonya J. Powers speaks with Ted Rossman, principal analyst for Bankrate, who says there are many combined factors that have caused this, and offers his thoughts on how to help first time home buyers. Click Here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit podcastchoices.com/adchoices

Some bereaved listeners whose relatives had money put away with National Savings and Investments are facing weeks and months of delay in getting their own money. It comes as NS&I works to track down the accounts of tens of thousands of people who had died, after it admitted keeping nearly half a billion pounds in its coffers that should have been passed to their estates. The state-owned bank has apologised and says its working hard on its plan to ensure those affected are paid what is owed to them, along with returning the processing of current and new bereavement claims to their normal time-frame.The cost of borrowing has been held steady by the Bank of England. On Thursday its Monetary Policy Committee held the Bank Rate at 3.75%. How is that affecting mortgage deals?And, how can young people, who're out of work, find a job? Dan Whitworth reports on a scheme run by the charity Spear to address barriers to work. It comes as University College London publishes research which finds being out of work and education between ages 16 and 24 has long-term consequences for people's employment and finances in midlife. Presenter: Paul Lewis Reporters: Dan Whitworth and Jo Krasner Researcher: Catherine Lund Editor: Jess Quayle Senior News Editor: Sara Wadeson(First broadcast 12pm, Saturday 2nd May 2026)

Homeownership has been the foundation of the American Dream for generations, and a key part to building wealth and stability. With housing growing more expensive and the inventory decreasing, rising oil prices and inflation are making it even worse. There is wide ranging agreement that Americans are facing a housing affordability crisis, but when will it end? FOX's Tonya J. Powers speaks with Ted Rossman, principal analyst for Bankrate, who says there are many combined factors that have caused this, and offers his thoughts on how to help first time home buyers. Click Here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit podcastchoices.com/adchoices

Discover the impact of a changing housing market on seniors, exploring the challenges and opportunities they face in today's real estate landscape.Whether you're a senior yourself, a family member, or a caregiver, this informative video provides valuable insights and expert advice on navigating the complex and ever-evolving housing market. Learn how seniors can adapt to these changes, make informed decisions about their housing options, and thrive in a rapidly changing world.Please be sure to like, comment and share! Got a real estate question? Share it in the comments below!Subscribe to Jason's YouTube channel: https://www.youtube.com/c/ItsAllAboutTheRealEstateCheck out other episodes of The AskJasonGelios Real Estate Show Here:https://www.youtube.com/watch?v=MU7f-6MnAvo&list=PLiRVzHeT4hfc_zObdgb2_hpwyIj8qsej0Follow on FB: https://www.facebook.com/jasongeliosrealtor/In the press:https://www.itsallabouttherealestate.com/press.htmlPurchase Jason's real estate book: THINK LIKE A REALTOR® here:Amazon:https://www.amazon.com/Think-like-REALTOR%C2%AE-selling-residential/dp/0578448866/ref=sr_1_2?keywords=Think+like+a+realtor&qid=1559215969&s=gateway&sr=8-2 Barnes And Nobles Online: https://www.barnesandnoble.com/w/think-like-a-realtor-jason-gelios/1131000728?ean=9780578448862Indiebound.org: https://www.indiebound.org/book/9780578448862Signed real estate book copy requests: ItsAllAboutTheRealEstate.comHire Jason Gelios At ItsAllAboutTheRealEstate.comSubscribe to VALUE PACKED Free e-newsletter here: https://www.itsallabouttherealestate.com/connect-with-jason-gelios.htmlBroker Disclosure: https://www.itsallabouttherealestate.com/connect-with-jason-gelios.htmlAbout Jason Gelios REALTOR®Jason Gelios is an award winning top producing REALTOR® in Southeast Michigan, Author of the real estate book ‘Think Like a REALTOR®: A little book about buying and selling residential real estate through the eyes of a REALTOR®, creator of The AskJasonGelios Real Estate Show, and an Expert Media Contributor of real estate expertise to outlets such as Money, Yahoo, Realtor.com, Bankrate and more. Jason educates aspiring home buyers, sellers and existing home owner's tips and real world knowledge to help achieve their real estate goals. Jason is also a local speaker educating home buyers on the process of purchasing a home. He is known for his transparent and honest way of representing buyers and sellers so that they have a deeper understanding of the process and walk away feeling valued.

The fallout of the war in Iran is causing a ripple effect throughout the economy as a whole. Also, there's troubling signs for credit card debt. Bankrate's Mark Hamrick explains.

TFG crew is back together again. In this episode, we unpack the uncomfortable truth behind beauty, confidence, and social status: how much of being considered “attractive” is actually tied to money. From skincare and fashion to fitness, cosmetic procedures, and lifestyle, we explore how wealth shapes perception in today's world — and why the “glow-up” economy is bigger than ever. Is it really about looks… or just access? Wait, what's a Financial Griot? The Financial Griot is a play on two words (Finance + Griot) that together signify closing the wealth gap while embracing our differences. Alainta Alcin, Lovely Merdelus, and Lawrence Delva-Gonzalez share their perspectives on current events that impact your personal finances and wealth mindset. In the New York Times, Bankrate, and other publications, the hosts share the stories that others don't.  Stories about growth, opportunity, and even Wars. Beyond that, we tie it back to how it reflects on your finances. Specifically, we teach you how to become financially literate, incorporate actionable steps, and ultimately build generational wealth. Can you imagine being a Millionaire in 20 years or less? Yeah, it's possible. Eighty percent of millionaires are first-generation, meaning they didn't inherit wealth. We teach you how. Join a community of subscribers who welcome a fresh take on money. So there you have it, The Financial Griot, or TFG for short. The hosts amassed over $3 million in wealth in about eight years and are on track to retire early. We will gladly share the secrets if you want them, since the opportunities are abundant and it's a Win-Win. Find the TFG Crew Hosts on Instagram:  Alainta Alcin - Blogger, Travel and Money Enthusiast https://www.linkedin.com/in/alaintaalcin Lawrence Delva-Gonzalez, Financial Foodie and Travel Blogger @theneighborhoodfinanceguy Lovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelus  

Eric Stein, chief investment officer at Voya Investment Management, says that  investors can expect interest rates — particularly on longer-term bonds — will keep rising, but those higher reates "will lead to lower rates because you will see a response on the demand side whether it's through the consumer or through the [capital expenditures] cycle." Stein says that if "demand destruction" doesn't slow the economy too much, recession remains avoidable, particularly in the muted economic cycles that the U.S. has been going through in recent years. In The NAVigator segment,  Bryce Doty, senior portfolio manager at Sit Investment Associates, also says that rates will be coming down, with his estimation being that it happens by the fall because "the worst is over as far as yields going up." Doty says that if oil prices stay below $110 per barrel, it's viewed as inflationary; above that level, "We have a problem, and so does the rest of the world." He says central banks will solve that problem by cutting rates to "save economies from disaster," and likes two-year TIPS, municipal bonds and high-yield corporate bonds to ride out the storm. Plus, Mark Hamrick, senior economic analyst and Washington bureau chief at BankRate.com — who recently launched The Hamrick Brief on Substack to give his take on current financial events — discusses mortgage rates and inflation both reaching recent highs, the historical context of those numbers and how, why and when conditions may ease and change.

Discover the hidden mistakes that could be destroying your home's value without you even realizing it. From outdated decor to neglected maintenance, learn how to identify and fix these common issues to protect your investment and boost your property's worth. Whether you're a homeowner, seller, or buyer, this video will reveal the surprising ways you might be unintentionally decreasing your home's value, and provide you with practical tips to reverse the damage and maximize your property's potential. Get ready to take control of your home's value and make informed decisions to secure your financial future.Please be sure to like, comment and share! Got a real estate question? Share it in the comments below!Subscribe to Jason's YouTube channel: https://www.youtube.com/c/ItsAllAboutTheRealEstateCheck out other episodes of The AskJasonGelios Real Estate Show Here:https://www.youtube.com/watch?v=MU7f-6MnAvo&list=PLiRVzHeT4hfc_zObdgb2_hpwyIj8qsej0Follow on FB: https://www.facebook.com/jasongeliosrealtor/In the press:https://www.itsallabouttherealestate.com/press.htmlPurchase Jason's real estate book: THINK LIKE A REALTOR® here:Amazon:https://www.amazon.com/Think-like-REALTOR%C2%AE-selling-residential/dp/0578448866/ref=sr_1_2?keywords=Think+like+a+realtor&qid=1559215969&s=gateway&sr=8-2 Barnes And Nobles Online: https://www.barnesandnoble.com/w/think-like-a-realtor-jason-gelios/1131000728?ean=9780578448862Indiebound.org: https://www.indiebound.org/book/9780578448862Signed real estate book copy requests: ItsAllAboutTheRealEstate.comHire Jason Gelios At ItsAllAboutTheRealEstate.comSubscribe to VALUE PACKED Free e-newsletter here: https://www.itsallabouttherealestate.com/connect-with-jason-gelios.htmlBroker Disclosure: https://www.itsallabouttherealestate.com/connect-with-jason-gelios.htmlAbout Jason Gelios REALTOR®Jason Gelios is an award winning top producing REALTOR® in Southeast Michigan, Author of the real estate book ‘Think Like a REALTOR®: A little book about buying and selling residential real estate through the eyes of a REALTOR®, creator of The AskJasonGelios Real Estate Show, and an Expert Media Contributor of real estate expertise to outlets such as Money, Yahoo, Realtor.com, Bankrate and more. Jason educates aspiring home buyers, sellers and existing home owner's tips and real world knowledge to help achieve their real estate goals. Jason is also a local speaker educating home buyers on the process of purchasing a home. He is known for his transparent and honest way of representing buyers and sellers so that they have a deeper understanding of the process and walk away feeling valued.

Markets strengthened this week following the U.S.-China trade truce, but rising fuel costs continue to pressure renter affordability, an important dynamic heading into the peak of leasing season.Energy and Inflation: AAA reports the national gas average at $4.56/gal as of May 21, up roughly 44% from a year ago. At those levels, fuel costs are becoming a meaningful pressure point for renter budgets during peak leasing season. The Fed has also signaled little urgency to cut rates given persistent inflation, keeping pressure on both consumers and operators with floating rate debt.Capital Markets: The S&P 500 closed at 7,433 on May 20, up sharply from the 6,944 level recorded in mid January. Investor sentiment has improved meaningfully since April as markets continue responding positively to easing trade tensions and broader economic stabilization.Mortgage Rates: The 30 year fixed mortgage rate sits near 6.58% according to Bankrate and the WSJ as of May 20. While below earlier 2026 highs, rates remain elevated relative to levels needed to meaningfully reopen the for sale housing market. Transaction activity remains subdued, continuing to support renter demand across many multifamily markets.The broader macro environment remains mixed for multifamily operators. Improving market sentiment and stable renter demand are supportive, but elevated consumer costs continue limiting affordability flexibility in more price sensitive segments of the market.Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

Tax season's over. Kids getting out of school. Tariffs, war, graduations, business cycles, household pressure, all hitting at the same damn time. You're tired. You're stretched thin. And you can't figure out why more money isn't quieting the noise in your head.Dr. Preston Cherry is back in the booth, and we went where most people won't go. Financial wellness and mental wellness are not separate conversations. They're the same one. You can't out-earn the inner work. You can't out-hustle the self-audit you've been ducking. And the gap between knowing what to do and actually doing it? That gap is you.We get into the honest self-audit (admit, acknowledge, act), the 35,000 decisions you're making every single day, and why your capacity is the most valuable currency you own. Across every income bracket, 32% of Americans think their finances will worsen in 2026. Highest pessimism Bankrate has clocked since 2018. That's not whining. That's the moment we're living in.Dr. Cherry drops one of the most important reframes in the episode: wealth funds wellbeing. Life and money alignment gives you money assignments. Translation, until you do the work to know what you actually value, no amount of income is going to fix what's broken on the inside. It'll just magnify it. More money doesn't solve the problem, but it does fund the solution if you've already done the audit.If you're a first-gen wealth builder, a business owner running on no sleep, or just someone exhausted from carrying decisions nobody else sees, this one is for you. Drill deep, not wide. Stop splitting your capacity across 14 directions. Start with the person in the mirror.If this hit home, drop a comment. Tell me where you're feeling it most. I read every single one.New episodes every week on Spotify, Apple Podcasts, and YouTube. Subscribe so you never miss a real conversation.

Are there positive findings in a new Bankrate housing market index report? Principal analyst with Bankrate, Ted Rossman joins the show to break down their findings. 

Today's episode, we explore how economic shifts, technology, and changing industries are reshaping the workforce. While job losses can bring uncertainty and hardship, they can also create pathways for innovation, entrepreneurship, and new career opportunities. Wait, what's a Financial Griot? The Financial Griot is a play on two words (Finance + Griot) that together signify closing the wealth gap while embracing our differences. Alainta Alcin, Lovely Merdelus, and Lawrence Delva-Gonzalez share their perspectives on current events that impact your personal finances and wealth mindset. In the New York Times, Bankrate, and other publications, the hosts share the stories that others don't.  Stories about growth, opportunity, and even Wars. Beyond that, we tie it back to how it reflects on your finances. Specifically, we teach you how to become financially literate, incorporate actionable steps, and ultimately build generational wealth. Can you imagine being a Millionaire in 20 years or less? Yeah, it's possible. Eighty percent of millionaires are first-generation, meaning they didn't inherit wealth. We teach you how. Join a community of subscribers who welcome a fresh take on money. So there you have it, The Financial Griot, or TFG for short. The hosts amassed over $3 million in wealth in about eight years and are on track to retire early. We will gladly share the secrets if you want them, since the opportunities are abundant and it's a Win-Win. Find the TFG Crew Hosts on Instagram:  Alainta Alcin - Blogger, Travel and Money Enthusiast https://www.linkedin.com/in/alaintaalcin Lawrence Delva-Gonzalez, Financial Foodie and Travel Blogger @theneighborhoodfinanceguy Lovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelus

Segment 1: Jon Hansen, filling in for John Williams, talks about the top business stories of the day including DraftKings closing it’s retail sportsbook at Wrigley Field. Segment 2: Ted Rossman, Bankrate.com Senior industry analyst, joins Jon to break down the Wells Fargo/NAHB Housing Market Index. Ted talks about how the report showed modest month-over-month improvement in current […]

Economic HeadlinesA temporary U.S.-China trade truce announced this week sent markets sharply higher, offering the first sustained relief investors have seen in months. The good news stopped there for most consumers, though, as the broader economic picture remains one of elevated costs and cautious hiring.Energy and Inflation: Brent crude has pulled back modestly from recent highs on ceasefire optimism, and the national gas average sits near $3.85/gal according to AAA, roughly flat from last week but still well above year-ago levels. The Fed's preferred inflation gauge remains above target, and while the trade pause reduces near-term tariff pressure, the pass-through of earlier cost increases into consumer goods is still working its way through household budgets.Capital Markets: The S&P 500 surged on trade deal news, recovering a meaningful portion of its year-to-date losses. The Dow followed suit. Whether the rally holds depends largely on whether the 90-day truce translates into a durable agreement, and most economists are not counting on it.Mortgage Rates: The 30-year fixed rate remains elevated near 6.8% according to Bankrate, keeping the for-sale market effectively frozen for millions of would-be buyers. That lock-in effect continues to support renter retention, though it does little to help operators push rents in markets where household income growth has stalled.The market rally is welcome, but it does not immediately change the math for renters or operators. Tariff uncertainty, sticky inflation, and a job market that is adding positions unevenly mean demand-side pressure on multifamily remains measured heading into the peak leasing season.Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

Are you shopping for a mortgage rate the wrong way?Most homebuyers are told to “shop around” for mortgage rates — so they go to Bankrate, LendingTree, or other online rate sites, enter their information, compare teaser rates, and hope they're getting the best deal.But the lowest advertised mortgage rate is not always the best mortgage deal.In this video, I take you behind the scenes and show how we compare your loan across 30+ lenders using one application and one credit pull — instead of sending your information all over the internet.We break down why mortgage rates vary based on credit score, down payment, income, loan program, property type, and whether you qualify for affordable mortgage programs. I also show examples comparing Conventional, FHA, and VA loan options so you can see why the “best rate” depends on your full financial picture — not just one advertised number online.You'll also see how points, lender fees, and hidden costs can make a low rate much more expensive than it looks.In this video, we cover:✅ How we compare your loan to 30+ lenders✅ Why one application and one credit pull matters✅ Why online mortgage quotes can be misleading✅ Why points and fees matter as much as the rate✅ How credit score impacts mortgage pricing✅ Conventional vs. FHA vs. VA loan examples✅ How RateWatch 2.2 can track refinance savings✅ How to upload your Loan Estimate for a second opinion

Inflation hit its highest level since 2023. What's driving it? Is it impacting you? Stephen Kates, Bankrate financial analyst, joins us.

TFG is back together, and in this episode, we explore Lovely's current travel experiences to Europe. And her take on the beauty of growth, meaningful connections, and new journeys. We discuss how stepping outside your comfort zone, embracing change, and traveling through life with the right people can shape who you become. Learning with Lovely's about self-discovery, connection, and evolving into your best self along the way. Wait, what's a Financial Griot? The Financial Griot is a play on two words (Finance + Griot) that together signify closing the wealth gap while embracing our differences. Alainta Alcin, Lovely Merdelus, and Lawrence Delva-Gonzalez share their perspectives on current events that impact your personal finances and wealth mindset. In the New York Times, Bankrate, and other publications, the hosts share the stories that others don't.  Stories about growth, opportunity, and even Wars. Beyond that, we tie it back to how it reflects on your finances. Specifically, we teach you how to become financially literate, incorporate actionable steps, and ultimately build generational wealth. Can you imagine being a Millionaire in 20 years or less? Yeah, it's possible. Eighty percent of millionaires are first-generation, meaning they didn't inherit wealth. We teach you how. Join a community of subscribers who welcome a fresh take on money. So there you have it, The Financial Griot, or TFG for short. The hosts amassed over $3 million in wealth in about eight years and are on track to retire early. We will gladly share the secrets if you want them, since the opportunities are abundant and it's a Win-Win. Find the TFG Crew Hosts on Instagram:  Alainta Alcin - Blogger, Travel and Money Enthusiast https://www.linkedin.com/in/alaintaalcin Lawrence Delva-Gonzalez, Financial Foodie and Travel Blogger @theneighborhoodfinanceguy Lovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelus

Stephen Kates, Financial Advisor at Bankrate, joins Jon Hansen on Your Money Matters to discuss the latest market numbers plus the opportunity for prospective buyers based on current prices. For more information about Stephen, visit www.bankrate.com/authors/stephen-kates.

The ongoing conflict in the Middle East continues to drive the economic narrative, keeping energy costs painfully high for consumers and complicating the outlook for inflation and interest rates heading into peak leasing season.For renters, the impact at the pump has been significant. The national gas average has surged past $4.50/gal according to AAA, up more than a dollar over the past two months, and that kind of sustained increase acts as a quiet drain on the discretionary budgets renters depend on to absorb higher monthly housing costs. Until energy prices meaningfully retreat, operators should expect that pressure to weigh on rent growth even as occupancy holds relatively steady. NBC NewsEnergy: National gas average at $4.54/gal, up $1.00+ in roughly 60 days; oil prices remain volatile and elevatedCapital Markets: The S&P 500 and Nasdaq closed at new record highs this week, with the Dow gaining over 600 points, though markets remain sensitive to any shifts in the geopolitical backdrop and could reverse quickly TRADING ECONOMICSMortgage Rates: The 30-year fixed rate sits at 6.44% per Bankrate, high enough to keep would-be buyers renting longer, which supports occupancy but does not offset the broader affordability squeeze renters are feeling BankrateExplore our webpage for more insights and resources:https://bit.ly/Radix_Website

Tackling debt can feel overwhelming, but strategies like the snowball method, paying off high-interest balances first, and debt renegotiation may help you regain control faster. Ted Rossman, Industry Analyst at Bankrate.com in New York, joins Rob Hart on the WBBM Noon Business Hour with key advice.

Ted Rossman of Bankrate.com says the typically strong spring homebuying season has been slower in 2026. He addresses elevated 30-year mortgage rates, but says they are still lower than a year ago. Ted notes a 6.00% mortgage rate is a notable psychological level for homebuyers, as a large number of homeowners locked in lower rates in the COVID-19 pandemic. He weighs in on a "cooling" in markets like Nashville, Austin and Miami, while seeing more buying demand in the "Rust-Belt" states like Ohio and Pennsylvania. ======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Frank Mottek dives into the latest market news and expert analysis. Today's market mixed finish was driven by the ongoing closure of the Strait of Hormuz and the Federal Reserve's decision to hold the line on short-term interest rates. Joining us live are veteran market strategist Art Hogan and Mark Hamrick, Washington Bureau Chief for Bankrate.com, who attended the Fed's historic news conference. We'll discuss the implications of the Fed's decision, the impact on oil prices, and the latest market trends.See omnystudio.com/listener for privacy information.

Bankrate's Mark Hamrick says housing prices are cooling, but things in Iran are affecting mortgage rates and inflation. Plus, Mike and Campy talk about a huge water project in Columbus

Shawn Severson, chief executive officer and the head of market and thematic research at Water Tower Research, says that oil futures prices looking out into 2027 and reacting as if "$70 is the new $60," a sign that the market does not think any oil shock will be long-lasting. Meanwhile, he says that the economy's continuing strength is showing that it can absorb and tolerate higher inflation and other current headline risks without falling into a recession. As a result, he sees downturns while the market digests the uncomfortable news as if there's a "pig in the python" as buying opportunities. Jenny Harrington, chief executive officer and portfolio manager at Gilman Hill Asset Management says in the Market Call that artificial intelligence having sucked up so much attention and investment dollars has actually created "more excellent opportunities in the past year than I have had in a long time." Despite that, Harrington says it's a tough overall market to pick stocks because current events are distorting and disrupting markets and "I don't think we've even begun to feel what the reverberations and aftershocks may be from the closing of the Strait of Hormuz."  Stephen Kates, financial analyst at Bankrate.com, discusses the latest national housing affordability numbers that were released on Tuesday, and how cooling home prices offer modest relief to prospective buyers. He notes that with 30-year mortgage rates seemingly stuck at or above 6% nationally for a while, the market is not likely to feel much better even if affordability numbers keep showing moderate improvement.

Bankrate Financial Analyst Stephen Kates joins Megan ahead of a Federal Reserve Board meeting and announce a 3rd interest rate decision of the year.

Is it time to refinance your mortgage? Mortgage rates remain unpredictable, but a new Bankrate analysis suggests current shifts may offer a valuable refinancing opportunity for millions of homeowners. Greg and Holly explore what’s driving the change and who could benefit from refinancing now with Lead Data Reporter at Bankrate, Alex Gailey.

Your emergency fund is so important it takes up TWO steps of The Financial Order of Operations. Far too many Americans, though, are not prioritizing their emergency funds. We've got fresh data from Bankrate that breaks down everything you need to know about the status of American emergency funds...and we aren't thrilled with the results. Then we answer your financial questions on everything from 401k match to sinking funds to CoastFI to a new box truck. Don't miss a fun new segment focused on recent headlines and how we're reacting to them. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Jump start your journey with our FREE financial resources⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Reach your goals faster with our products⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Take the relationship to the next level: become a client⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe on YouTube for early access and go beyond the podcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Connect with us on social media for more content⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠DRINKAG1.com/MONEYGUY Learn more about your ad choices. Visit megaphone.fm/adchoices

Stephen Kates, Financial Advisor at Bankrate, joins Jon Hansen on Your Money Matters to discuss the future of the markets. The duo chats about the labor market, rising prices, and current consumer sentiment. For more information about Stephen, visit www.bankrate.com/authors/stephen-kates.

President Trump attacked Jerome Powell, the chairman of the Fed again. What actually IS the Fed? How do their decisions work? Stephen Kates, Bankrate financial analyst, joins us to explain.

TFG is all back again, and more spicier (mainly Lawrence). In this episode, we unpack how our family's financial history quietly shapes who we become. From inherited money mindsets to unspoken beliefs about scarcity, success, and security, we explore how the economic stories we grow up in influence our decisions, relationships, and sense of self.  Wait, what's a Financial Griot? The Financial Griot is a play on two words (Finance + Griot) that together signify closing the wealth gap while embracing our differences. Alainta Alcin, Lovely Merdelus, and Lawrence Delva-Gonzalez share their perspectives on current events that impact your personal finances and wealth mindset. In the New York Times, Bankrate, and other publications, the hosts share the stories that others don't.  Stories about growth, opportunity, and even Wars. Beyond that, we tie it back to how it reflects on your finances. Specifically, we teach you how to become financially literate, incorporate actionable steps, and ultimately build generational wealth. Can you imagine being a Millionaire in 20 years or less? Yeah, it's possible. Eighty percent of millionaires are first-generation, meaning they didn't inherit wealth. We teach you how. Join a community of subscribers who welcome a fresh take on money. So there you have it, The Financial Griot, or TFG for short. The hosts amassed over $3 million in wealth in about eight years and are on track to retire early. We will gladly share the secrets if you want them, since the opportunities are abundant and it's a Win-Win. Find the TFG Crew Hosts on Instagram:  Alainta Alcin - Blogger, Travel and Money Enthusiast https://www.linkedin.com/in/alaintaalcin Lawrence Delva-Gonzalez, Financial Foodie and Travel Blogger @theneighborhoodfinanceguy Lovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelus

Segment 1: Stephen Kates, CFP, Financial Analyst, Bankrate, joins John Williams to preview tomorrow’s release of CPI data and talk about how sticky inflation is impacting homeowners. Segment 2: Scott Stein, Editor at Large, CNET, tells John about Artemis II astronauts using iPhones to capture stunning space images, and what we should know about Anthropic’s new AI model. Segment […]

TFG is back, and Lawrence shares that his “ministry” is anything but traditional. In this episode, we unpack what it really means to keep it real. From unfiltered opinions to hard truths people avoid, Lawrence challenges the line between honesty and online mental chaos. Wait, what's a Financial Griot? The Financial Griot is a play on two words (Finance + Griot) that together signify closing the wealth gap while embracing our differences. Alainta Alcin, Lovely Merdelus, and Lawrence Delva-Gonzalez share their perspectives on current events that impact your personal finances and wealth mindset. In the New York Times, Bankrate, and other publications, the hosts share the stories that others don't.  Stories about growth, opportunity, and even Wars. Beyond that, we tie it back to how it reflects on your finances. Specifically, we teach you how to become financially literate, incorporate actionable steps, and ultimately build generational wealth. Can you imagine being a Millionaire in 20 years or less? Yeah, it's possible. Eighty percent of millionaires are first-generation, meaning they didn't inherit wealth. We teach you how. Join a community of subscribers who welcome a fresh take on money. So there you have it, The Financial Griot, or TFG for short. The hosts amassed over $3 million in wealth in about eight years and are on track to retire early. We will gladly share the secrets if you want them, since the opportunities are abundant and it's a Win-Win. Find the TFG Crew Hosts on Instagram:  Alainta Alcin - Blogger, Travel and Money Enthusiast https://www.linkedin.com/in/alaintaalcin Lawrence Delva-Gonzalez, Financial Foodie and Travel Blogger @theneighborhoodfinanceguy Lovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelus

Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John Williams to talk about the better than expected March employment report. And what are the expectations for interest rates and Fed policy? Segment 2: Colleen Ceh Becvar, Co-Founder, Trinity Advocacy Group, joins John Williams to talk about how they help seniors with no family […]

Download the FREE CHAPTER from the Old Money Mindset Workbook: Money Story MappingFor many first generation women, money is deeply tied to family, culture, and expectation. Being the one who understands credit, earns more, or “makes it” can quietly turn into becoming the family safety net.In this episode, I talk with Giovanna “Gigi” Gonzalez, author of Cultura & Cash, about the pressure of being a first generation daughter, the guilt that can come with setting financial boundaries, and how to build stability without losing connection to family or cultural identity. If you're feeling torn between being a good daughter and becoming financially independent, this conversation will feel validating and empowering.We're giving away 3 copies of Cultura & Cash!

The TFG crew is back from a short break. Inflation isn't just “up”—it's stuck, and we're all feeling it. In this episode, we break down what rising prices really mean for your everyday life—from groceries and rent to lifestyle choices and long-term financial goals. Is this the new normal, or is relief on the way? We discuss strategies to stay afloat, protect your money, and move smart in an economy that's not letting up.  Wait, what's a Financial Griot? The Financial Griot is a play on two words (Finance + Griot) that together signify closing the wealth gap while embracing our differences. Alainta Alcin, Lovely Merdelus, and Lawrence Delva-Gonzalez share their perspectives on current events that impact your personal finances and wealth mindset. In the New York Times, Bankrate, and other publications, the hosts share the stories that others don't.  Stories about growth, opportunity, and even Wars. Beyond that, we tie it back to how it reflects on your finances. Specifically, we teach you how to become financially literate, incorporate actionable steps, and ultimately build generational wealth. Can you imagine being a Millionaire in 20 years or less? Yeah, it's possible. Eighty percent of millionaires are first-generation, meaning they didn't inherit wealth. We teach you how. Join a community of subscribers who welcome a fresh take on money. So there you have it, The Financial Griot, or TFG for short. The hosts amassed over $3 million in wealth in about eight years and are on track to retire early. We will gladly share the secrets if you want them, since the opportunity is abundant and a Win-Win. Find the TFG Crew Hosts on Instagram:  Alainta Alcin - Blogger, Travel and Money Enthusiast https://www.linkedin.com/in/alaintaalcin Lawrence Delva-Gonzalez, Financial Foodie and Travel Blogger @theneighborhoodfinanceguy Lovely Merdelus - Entrepreneur and Small Business Growth Specialist @lovelymerdelus

Economic HeadlinesThe economic narrative has shifted from "gradual recovery" to "geopolitical volatility" as conflict in the Middle East continues to dictate the pace of inflation and interest rates. For multifamily operators, the immediate impact remains the "inflation tax" on renters' wallets, weaker job creation, and the subsequent effect on 2026 occupancy and rent growth.· Energy Volatility: After a volatile week, Brent Crude oil climbed back above $106/bbl this morning as hopes for an immediate ceasefire in the Middle East faded. While the national gasoline average has finally plateaued at $3.98/gal—marking its first daily decline this month—consumers are still grappling with prices roughly $1.00 higher than they were 30 days ago.· Capital Markets: Markets remain under pressure, with the S&P 500 down 5% and the Dow down nearly 6% from late February highs. Investors are increasingly defensive as "stagflation" fears move to the forefront, driven by a combination of high energy costs, sticky inflation, and a cooling labor market.· Mortgage Rates: The 30-year fixed-rate mortgage (FRM) has jumped to 6.49% according to Bankrate, its highest level of 2026. While the lack of affordability in the owner-housing market boosts renter demand, the overall impact is a drag on the economy.Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

Jeremy Keil explains how putting your cash in the wrong spot could prevent you from earning thousands in interest during your retirement. Many retirees spend a lot of time thinking about how to get better returns on their investments. But very few spend time thinking about the return on their cash. That's a problem. Because for many retirees, cash isn't a small side account. It can be a meaningful portion of their overall financial picture—and if it's sitting in the wrong place, it may be quietly costing thousands of dollars each year. The average new retiree may have around $100,000 sitting in bank accounts, often earning around 0.4%, while higher-yield options closer to 3%+ are available. That difference can mean roughly $3,000 per year in missed interest. And it happens more often than you might think. Why Cash Gets Ignored There are a few common reasons retirees leave cash sitting in low-interest accounts. First, it's easy. Many people have used the same bank for years. There's a sense of familiarity and convenience. Moving money feels like work. Second, there's a perception of safety. Cash in a local bank feels secure. And while safety is important, many retirees don't realize that other options—like high-yield savings accounts—can offer similar protections when properly insured. Third, there's inertia. Cash tends to become an afterthought. Investors focus on stocks, bonds, and market performance, while cash quietly sits in the background. But ignoring cash doesn't make it harmless. In some cases, doing nothing is actually the riskier move. What Retirees Actually Want from Cash When I ask retirees what they want from their cash, the answers are surprisingly consistent. They want it to be: Available Safe Easy Those are reasonable goals. But what if you can achieve all three and earn more interest at the same time? The idea that higher interest automatically means higher risk isn't always true—especially when comparing FDIC-insured accounts or certain money market options. Rethinking “Just in Case” One of the most common reasons people hold large amounts of cash is “just in case.” That makes sense. But it's worth examining how often that “just in case” actually happens. According to the Center for Retirement Research at Boston College, about 10% of annual expenses tend to be unexpected—things like medical costs, home repairs, or other surprises. That's exactly why cash matters. But it also raises a question: If you're holding significantly more than what you typically need for unexpected expenses, could some of that money be working harder for you in the meantime? Cash doesn't have to sit idle to be available. The Real Risk of Doing Nothing There's a common belief that staying put is the conservative choice. But that's not always true. I once met with an investor who described herself as conservative, but in reality, she was heavily exposed to stock market risk without realizing it.  She didn't want to make a change to her investment strategy because she'd been doing it the same way for so long, the change felt risky. When her investments tanked by 90% later on, the desire to “conservatively” keep things the same ended up being the very reason why her losses were so dramatic. The lesson applies to cash as well. Sometimes, not making a change feels safe—but it can lead to outcomes that are far from conservative. If your cash is earning near-zero returns while inflation is around 3%, you're effectively losing purchasing power each year. That's a quiet risk, but a real one. Simple Ways to Improve Your Cash Strategy Improving your cash return doesn't require a complex overhaul. There are a few straightforward places to start: High-yield savings accountsOften available online, these can offer significantly higher interest rates than traditional banks. Sources to find these accounts include Bankrate.com and DepositAccounts.com.  MaxMyInterest.com I recently was joined by Gary Zimmerman, president of MaxMyInterest, on the “Retire Today” podcast–make sure you listen to that episode to learn more about how this system works as a cash growth strategy. Money market funds in brokerage accountsMany brokerage accounts offer options that pay higher interest—but the default cash setting may not. Cash Is a Tool, Not an Afterthought Cash plays an important role in retirement. It provides stability. It covers short-term needs. It gives you confidence that money will be there when you need it. But cash should be treated as a tool, not an afterthought. Used well, it supports your income plan and helps you stay flexible. Ignored, it can quietly drag down your overall financial picture. If you haven't reviewed where your cash is sitting lately, now might be a good time. Because sometimes the easiest improvement in your retirement plan isn't found in the stock market. It's sitting in your savings account. Don't forget to leave a rating for the “Retire Today” podcast if you've been enjoying these episodes! Subscribe to Retire Today to get new episodes every Wednesday. Apple Podcasts: https://podcasts.apple.com/us/podcast/retire-today/id1488769337  Spotify Podcasts: https://bit.ly/RetireTodaySpotify About the Author: Jeremy Keil, CFP®, CFA is a retirement financial advisor with Keil Financial Partners, author of Retire Today: Create Your Retirement Income Plan in 5 Simple Steps, and host of the Retirement Today blog and podcast, as well as the Mr. Retirement YouTube channel. Jeremy is a contributor to Kiplinger and is frequently cited in publications like the Wall Street Journal and New York Times. Additional Links: Buy Jeremy's book – Retire Today: Create Your Retirement Master Plan in 5 Simple Steps “How Much Are Emergency Expenses for Retirees and Are They Prepared?” – Center for Retirement Research at Boston College “Here's How to Earn a Fistful of Interest on Your Cash in 2026” – Jeremy Keil, Kiplinger.com  “Growing Your Cash as a Retirement Asset with Gary Zimmerman” – Retire Today Podcast on the Mr. Retirement YouTube channel “The average amount in U.S. savings accounts–how does your cash stack up?” – Bankrate.com  Compare high yield savings account options: Bankrate.com, DepositAccounts.com MaxMyInterest.com  Connect With Jeremy Keil: Keil Financial Partners LinkedIn: Jeremy Keil Facebook: Jeremy Keil LinkedIn: Keil Financial Partners YouTube: Mr. Retirement Book an Intro Call with Jeremy's Team Media Disclosures: Disclosures This media is provided for informational and educational purposes only and does not consider the investment objectives, financial situation, or particular needs of any consumer. Nothing in this program should be construed as investment, legal, or tax advice, nor as a recommendation to buy, sell, or hold any security or to adopt any investment strategy. The views and opinions expressed are those of the host and any guest, current as of the date of recording, and may change without notice as market, political or economic conditions evolve. All investments involve risk, including the possible loss of principal. Past performance is no guarantee of future results. Legal & Tax Disclosure Consumers should consult their own qualified attorney, CPA, or other professional advisor regarding their specific legal and tax situations. Advisor Disclosures Alongside, LLC, doing business as Keil Financial Partners, is an SEC-registered investment adviser. Registration does not imply a certain level of skill or expertise. Advisory services are delivered through the Alongside, LLC platform. Keil Financial Partners is independent, not owned or operated by Alongside, LLC. Additional information about Alongside, LLC – including its services, fees and any material conflicts of interest – can be found at https://adviserinfo.sec.gov/firm/summary/333587 or by requesting Form ADV Part 2A. The content of this media should not be reproduced or redistributed without the firm’s written consent. Any trademarks or service marks mentioned belong to their respective owners and are used for identification purposes only. Additional Important Disclosures