Why the average credit card rate is 19.70% or 24.95%
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CashIn's stories this week are about borrowing costs, tax bills and fees, and what each one says it does not yet know.
This week's CashIn stories are about the costs behind big purchases: borrowing, taxes, sewer bills, airport spending and school tuition. Below is what each story reports, what it leaves open, and where to read more.
Mortgage rates paused, at a high. CashIn News reports (Oct. 20) that the average 30-year fixed rate held at 7.40% for the week ending Oct. 15, according to Freddie Mac figures. That ended seven weekly increases, but the rate remains at its highest level in nearly three years. The last time it was higher was Nov. 16, 2023, when the average reached 7.44%. The story notes this is a national average, and one flat week does not establish a new direction.
Why rates are high. According to a CNBC analysis summarized by CashIn News (Oct. 17), mortgage rates track the 10-year Treasury yield, which has risen 114 basis points since the end of February and traded at 5.1%. That story puts the average 30-year mortgage rate at around 7.5%, a figure that differs from the 7.40% Freddie Mac number above. It also says lower oil prices or a slowing economy could pull yields down.
It shows where borrowing costs stand this week and is candid about what the cost stories still leave open, which helps readers plan around fees and tax bills.
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A calm rundown of what CashIn's newsrooms covered this week in films, streams and events, with where to watch each one.
Six Ohio topics from CashIn's newsrooms: a bracket falls at Cedar Point, a truss goes up in New Albany, a grocer deal, scam warnings, card rates and credit report disputes.
Federal prosecutors say Murotech Ohio misstated its headcount on Paycheck Protection Program applications. The case shows how pandemic loan rules are enforced.
Nominees are out and voting is open. The venue, the second host and a consistent start time are not yet confirmed.
Owner Jamie Pritchard of WIT Farm plans a 900 S. High St. store stocked mostly with local goods, plus prepared foods and Thanksgiving meal packages.
The SBA 504 program finances big fixed assets such as buildings and equipment through a three-part structure. Here is how it works, who qualifies and where Ohio firms can start.
Card Notes
LendingTree's October average for new card offers edged up, and new-car loans are getting longer with higher monthly payments. The figures are national, not Ohio-specific.
Buehler's, an employee-owned grocer, signed a deal for Sander's Markets' three Ohio locations. The Sander's name stays for now.
Card rates edged up in October, new-car loans stretched to a record share of 84-month-plus terms in Q3, and we found no named personal loan average this week. Here is what the fig…
The Savings Edit
No coupons in this week's CashIn stories, but real price moves: mortgage rates, rents, sewer bills and property taxes, plus a short checklist.
Sherrod Brown is running against Sen. Jon Husted on data centers, and 21 local ballot measures will test the issue. Several claims remain unverified.
The SBA 504 program splits a purchase between a bank, a Certified Development Company and the borrower. Here is how that works and what the loan can and can't pay for.
The Montréal firm has raised more than half its Fund VI target and plans 15 to 20 seed-to-Series A deals. Here is what a first close tells founders.
A priced round fixes a startup's valuation and share price on the spot. Here is how that sets what founders give up, and how it differs from a SAFE.
The Wooster-based, employee-owned grocer plans to buy Sander's stores in Cadiz, Carrollton and Jefferson, and says it will keep the Sander's name for now.
Every section, grouped. Fold a window away and One remembers.
The federal suit targets an executive order that lets Ohio colleges give some fifth-year athletes a place on the field despite the NCAA's new rule. The sources report no ruling ye…
Dr. Ryan Schmucker is among a few US surgeons trained on a thumb joint implant used in Europe for years. Ohio State says it now offers the procedure.
Whether an EV or hybrid is cheaper to run depends on local power and fuel prices. The figures available for Ohio show a wide spread in gas prices.
State money follows students, so each child who leaves Akron Public Schools for another option takes funding with them. The district is holding showcases to make its case.
Ohio's 10th District Court of Appeals found EdChoice unconstitutional, yet vouchers continue during the appeal. Cleveland's district was not a plaintiff because its students use t…
The Republican candidate for governor told the Columbus Metropolitan Club he would restart executions, which have been on hold since 2019. In June, Gov. Mike DeWine asked lawmaker…
The streaming company is cutting roughly 6% of its workforce, with most cuts reported in product, tech, legal and HR.
The Cleveland wing restaurant is leaving its original West 76th Street site for a new Little Italy location with sit-down dining, a bar and a patio.
A $10 million gift from alumnus Monte Ahuja and his wife, Usha, will fund an overhaul of business programs at Cleveland State, with corporate partnerships and hands-on learning.
The bank plans to add about 750 downtown employees, lifting its center-city headcount to roughly 3,450. Sources offer few details on commuting or office-market effects.
A proposed change would drop a $300 million treatment facility from Akron's federal sewer order. The public has until Nov. 13 to weigh in, but the sources don't say how bills woul…
A National Housing Conference analysis found far fewer Ohio occupations can afford a typical home than in 2020, and Akron is among five Ohio metros with a top-25 decline.
A stay keeps the program going while the case heads to the Ohio Supreme Court.
Airlines have committed $476 million to the airport overhaul, but the available reports don't say how it affects fares, taxpayers or jobs.
Ohio and Illinois paused their data center tax breaks in 2026, and Ohio's exemptions cost far more than projected. Here is how data centers can affect local tax bills, and what re…
A proposed change to Akron's federal sewer order would swap a $300 million facility for added disinfection. Public comments are open until Nov. 13.
Tessa, a 20-year-old Masai giraffe, is due any time with her fifth calf. The zoo is streaming from inside and outside her stall and has opened a $20 naming lottery.