23 Quotes by Greg McBride

The prime rate moves in concert with the Fed's interest rate moves. The average rate for a home equity line of credit has increased from 4.7 percent in June 2004 to 5.9 percent as of last week.

The prime rate moves in concert with the Fed's interest rate moves, ... The average rate for a home equity line of credit has increased from 4.7 percent in June 2004 to 5.9 percent as of last week.

Make sure you're in your home long enough to recoup those costs.

For the rest of the card-carrying public, they can expect another quarter-point increase to follow this.

Go armed to the dealership with your own financing lined up at a bank or credit union,

Pay your bills on time, and pay your debt down over time. Together, those factors account for 65 percent of your credit score.

That could really crimp consumer spending and hold back economic growth.

The prospect of future rate hikes will push yields on CDs even higher, making them even more attractive.

When you are looking to trim your debt portfolio in a falling rate environment, you keep your maturities shorter.