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Forbes
2 days ago
- Business
- Forbes
Today's Mortgage Refinance Rates: June 2, 2025
30-year fixed refinance mortgage rates didn't move at 6.91% today, according to the Mortgage Research Center. Rates averaged 5.84% for a 15-year financed mortgage and 6.78% for a 20-year financed mortgage. Related: Compare Current Refinance Rates At 6.91%, the average rate on a 30-year fixed-rate mortgage refinance is down 1.17% from this time last week. The APR, or annual percentage rate, on a 30-year fixed is 6.94%. This time last week, it was 7.02%. The APR is the all-in cost of your loan. According to the Forbes Advisor mortgage calculator, homebuyers with a 30-year fixed-rate mortgage refi of $100,000 will pay $659 per month in principal and interest (not accounting for taxes and fees) at the current interest rate of 6.91%. You'd pay around $138,036 in total interest over the life of the loan. The average interest rate on the 20-year fixed refinance mortgage is 6.78%. The same time last week, the 20-year fixed-rate mortgage was at 6.87%. The APR on a 20-year fixed is 6.81%, compared to 6.91% last week. A 20-year fixed-rate mortgage refinance of $100,000 with today's interest rate would cost $762 per month in principal and interest. Taxes and fees are not included. Over the life of the loan, you would pay around $83,373 in total interest. For a 15-year fixed refinance mortgage, the average interest rate is currently 5.84%. Last week, the 15-year fixed-rate mortgage stood at 5.93%. The APR, or annual percentage rate, on a 15-year fixed mortgage is 5.89%. Last week, it was 5.98%. Based on the current interest rate, a 15-year, fixed-rate mortgage refinance of $100,000 would cost $835 per month in principal and interest—not including taxes and fees. That would equal about $50,788 in total interest over the life of the loan. The average interest rate on the 30-year fixed-rate jumbo mortgage refinance (a loan above the federal conforming loan limit of $806,500 in most places) declined week-over-week to 7.61%. A week ago, the average rate was 7.66%. Borrowers with a 30-year fixed-rate jumbo mortgage refinance with today's interest rate will pay $706 per month in principal and interest per $100,000 borrowed. A 15-year, fixed-rate jumbo mortgage refinance has an average interest rate of 6.28%, down 1.81% from last week. At today's rate, a borrower would pay $859 per month in principal and interest per $100,000 borrowed for a 15-year, fixed-rate jumbo refi. Over the life of the loan, that borrower would pay around $54,827 in total interest. Refinance rates are different from mortgage rates and tend to be slightly higher. The rate difference can vary by program and is something to consider as you compare the best mortgage refinance lenders. In addition to having different refinance rates for conventional, FHA, VA and jumbo applications, cash-out refinance rates are higher as you're borrowing from your available equity. Rates for government-backed loan programs such as FHA and VA mortgage refinances can be lower than a conventional or jumbo refinance, as there is less risk for lenders. Still, you should compare your estimated loan's annual percentage rate (APR), which includes all additional fees and determines the interest charges. When considering a mortgage refinance, compare your current interest rate, mortgage balance and loan term with the new interest rate and term. This comparison helps you estimate your new monthly payment and savings, making it easier to determine if refinancing is the right choice. There are a number of reasons why you should refinance your home, but many homeowners consider refinancing when they can lower their interest rate, reduce their monthly payments or pay off their home loan sooner. Refinancing also may help you access your home's equity or eliminate private mortgage insurance (PMI). A home loan refinance may make sense particularly if you plan to remain in your home for a while. Even if you score a lower interest rate, you need to take the loan costs into consideration. Calculate the break-even point where your savings from a lower interest rate exceed your closing costs by dividing your closing costs by the monthly savings from your new payment. Our mortgage refinance calculator could help you determine if refinancing is right for you. Just like when you took out your original mortgage, it pays to have a strategy for finding the lowest rate when you want to refinance. Here's what you should be doing to get a good mortgage rate: There are no guarantees when it comes to borrowing, but a strong credit score is one of the best things you can do to present yourself to lenders. Banks and other mortgage refinance lenders are more likely to approve you if you don't have too much debt relative to your income. You should check in on mortgage rates, which fluctuate frequently, on a regular basis. And use calculators like ours to see if you can swing a home loan that's shorter in duration than the popular 30-year mortgage. These loans usually have lower interest rates. Since the final quarter of 2024, national average mortgage rates have remained in the middle-to-high 6% range, and experts expect this trend to continue through the first half of 2025. If inflation slows and unemployment levels hold steady or rise, the Federal Reserve may reduce the federal funds rate, potentially leading to lower mortgage rates in the second half of the year. However, if inflation stays high and unemployment decreases, rates are likely to remain stable. Since mortgage rates are expected to change little in the first half of the year, those looking to refinance at a lower rate should consider waiting until later in the year. In the meantime, improving your credit score and paying down your loan balance will help you secure the lowest possible rate when you're ready to explore refinancing options. Refinance interest rates can be higher or lower than your original loan rate. Your credit score, income, repayment history, and current national interest rates will determine whether you qualify for a lower rate. These factors may also lead a lender to offer you a higher rate. Additionally, lenders may offer a higher rate if you plan to access your home equity. This increases your loan amount and, consequently, the lender's risk. Yes, you can refinance a 30-year fixed mortgage. Refinancing can help you lower your interest rate, reduce your monthly payments and save you money in the long run. Refinancing also allows you to change your loan term. You can switch to another 30-year mortgage or choose a shorter term, like a 15-year mortgage. The amount of equity you need to qualify for refinancing depends on the lender, but most recommend having at least 20% equity, or a loan-to-value ratio of 80% or lower. If you have less than 20% equity, you may still qualify for refinancing, but you could face higher interest rates or be required to pay additional fees, such as PMI.
Yahoo
3 days ago
- Business
- Yahoo
How to navigate the awkwardness of a wealth gap summer with your rich friends
Summer is here, bringing with it sun, sea, sand, and good times — if you can afford it. The pressure is on more than ever in the summer to say 'yes' to that group vacation at a glamorous overseas location, the festival that will set you back hundreds of dollars, or a weekend in whatever is your town's nearest version of the Hamptons. Many Americans are struggling with the cost of living. This year, about a quarter of Americans (24 percent) will not have a vacation because of the cost, according to a recent survey. Of those who are planning to travel this summer, 29 percent said they will take on debt as a result, the survey by financial-comparison website Bankrate found. The latter is 'terrifying' to former Wall Street trader-turned personal finance guru Vivian Tu, better known as YourRichBff, who advises her millions of followers on TikTok and Instagram. 'It might be amazing to go on that trip today, and you might have so much fun,' 31-year-old Tu told The Independent. 'But how are you going to feel when you spend the next two years paying for a vacation that lasted seven days? I think that's a pretty sobering question.' Navigating the wealth gap with rich friends when you are not making anywhere near the same salary is awkward, uncomfortable, and seems to only be getting harder thanks to social media. Sam, 28, is originally from East Texas and now lives in Los Angeles. 'I'm a first generation college student, low income and trans,' Sam, who attended an elite college on a diversity scholarship and asked to only be identified with their first name, told The Independent. 'In just about all of my friendships, there's a wealth gap and that pretty much started in undergrad.' They make approximately $48,000 after taxes working as a guidance counselor at a California university and feel 'isolated' by the wealth gap in their friendship group. 'I'm coming into this elite college straight off of food stamps and all that stuff,' Sam said. 'Most people's families [at college] were upper-middle class to rich. One of the people I know, his family owns a fleet of private jets. So coming from a rural area, and then being put into that was kind of weird.' Sam said summers were particularly bad, and that trend has continued post-college. 'Everyone I know was going on these big vacations and all these concerts,' they said. 'I wasn't even able to go to a concert until my first year of undergrad. I've never even left the United States for a trip.' Sam doesn't get invited on vacations by their wealthier friends. 'It's probably because they know that I can't afford it,' Sam said. 'Not once have I ever been invited on any of these trips. I always get the photos. I always see the Instagram posts.' 'It does make me feel left out,' Sam added. Personal finance expert Tu says that social media also has a lot to answer for. 'It just starts to set an incredibly unrealistic expectation of how often we should be traveling, how much we should be spending, and how frequently we should be doing all of that,' she told The Independent. Sam relates and said that social media has become a space for people to 'get Instagram likes' and 'show off their experiences' to others. 'I think that's just a really dangerous situation for people who are financially vulnerable,' Sam said. 'We're so desperate to be a part of culture, to be a part of the big moment. You want to have that story that everyone else has…and you're literally borrowing thousands of dollars to sit in an uncomfortable stadium to do it because your friends are doing it, or because you're missing out.' That feeling of disconnect is similar for 32-year-old Michelle, who lives in Nashville and works as a communications and events manager for a non-profit. Michelle, who makes around $65,000, and her boyfriend had a baby boy in December and can no longer keep up with the spending habits of their wealthier friends. 'They just so frivolously spend money — like, they'll randomly buy a new car, or jet skis or a brand new boat,' Michelle told The Independent. 'It's just really mentally tapped to try to appear like I can keep up with them.' Before she had the baby, Michelle said the group went on a $2,000 trip to Disney World that she couldn't afford. 'When I first started being exposed to this friend group, I would push my bank account, and I would really push my limits just so that I could hang out,' she said. 'And it really kind of messed me up. It maxed out one of my credit cards.' Since having a baby, priorities have changed. 'I am trying to figure out how to make sure I can get formula for my baby, and make food at home. I don't want to go out to eat every single time that we hang out,' she said. 'Every single month our bank account, it's just like we're at like the bottom. So it's very much like paycheck to paycheck,' she added. Her boyfriend was once a high earner but he lost his job in the last year. He is now getting back on his feet and working again, but money has occasionally become a source of tension in the relationship, Michelle said. 'We've had a lot of fights this year about money, and that has limited what we're going to do this summer.' The expense of weddings has also become a bone of contention, particularly if the nuptials involve travel. In 2024, 18 percent of couples hosting a destination ceremony abroad, according to The Knot's 2025 wedding survey. Michelle was recently a bridesmaid for two close friends, with one wedding in Florida's Key West and another in upstate New York, setting her back at least $3,000 per wedding, including travel and accommodation. 'I would do it a million times over for those girls, but it really does push your budget.' The new mom says that financial stress has been impacting her mental health, a trend more therapists are noticing with patients. 'People may not come to see me based on these feelings, but they most certainly come up in conversation,' said Aja Evans, a therapist who specializes in financial therapy. 'Comparison and pressure to keep up with friends is very common and unfortunately tends to skew how people look at themselves and their finances.' Evans advocates being honest with friends about your financial situation, which can be a way of 'breaking up the shame and isolation' that comes with hiding it away. 'Being honest with yourself around what you can and can't do, remembering that you are still a valuable and worthy friend despite how much money you have is very important,' Evans said. 'Attempting to disconnect your self worth from your net worth can also be helpful. Then, have a conversation with your friend.' 'Letting them know how you feel, what you are doing in terms of your financial health and how you two can navigate the differences,' Evans added. 'Now, this is very hard, being vulnerable is complicated and nuanced, so go easy on yourself.' Tu, who heads up her own financial education and advice company, says it is essential to consider what is 'truly going to bring you value' and not hurt you in the future at the same time. She has a handy tip that can help visualize whether that summer impulse purchase – be it new clothes, a night out or a trip – is worth it. 'I call it 'YourRichBFF is it Worth it? Equation,' Tu said. 'Figure out how much your hourly take-home pay is, and that hourly take-home pay, essentially, is how many hours you'll need to sit at your desk to afford something.' 'Say your hourly take-home pay is $20, you go to a fancy store and you want to buy a pair of designer leggings for $100,' Tu explained. 'You have to sit at your desk for five hours. Ask yourself, are you willing to sit at your desk for five hours so that you can afford those leggings? And in some cases, the answer is yes. In some cases, the answer is no.' 'You need to be honest with your friends about your financial situation, but also you need to provide an alternative,' Tu said. 'Because what's going to happen is if you continuously keep telling your friends, 'no, I can't come, I can't afford it,' suddenly they're going to stop inviting you to stuff. 'Once they stop inviting you to stuff, you are going to feel incredibly isolated,' she added. Tu doesn't knock hard-pressed families who have to put basic necessities like food on a credit card. But she advises others to resist the temptation to splurge on 'the fun stuff' if it's not affordable it right now. 'There are certainly folks in our country who are putting basic necessities like food on a credit card, not because they want to, but because they need to feed their families,' Tu said. 'This is not that. What I'm saying is, the visits to the nail salon, the drinks out with girlfriends, the fun stuff, if you are not in a position to be spending on going to keep you broke,' she said. 'We all have to know our limits, and it's not fair,' Tu added. 'But some people out there have parents who are paying their rent.'
Yahoo
25-05-2025
- Business
- Yahoo
Las Vegas senior asks Dave Ramsey what to do with $200K game show winnings — here's why he's wary of windfalls
Nancy, a senior from Las Vegas, says she recently won $200,000 after an appearance on a game show. Unsure what to do with the life-changing jackpot, she called into The Ramsey Show seeking advice. 'I'm 70 years old, that's more money than I've ever had,' she said in a clip posted May 11. But with great winnings come taxes. Nancy says she had about $145,000 left in prize money after paying roughly $55,000 in taxes. Now, the big question loomed: What should she do with this windfall? Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) Here's what finance personality Dave Ramsey had to say. Nancy told Ramsey she and her husband are semi-retired, living on about $4,500 a month in Social Security, plus some part-time work where she earns up to $600 per month, and her husband brings in a couple of thousand dollars more. They recently downsized their home and owe $85,000 on the mortgage, which runs them $756 per month. Their total savings? Just over $200,000, including the game show winnings, which they've parked in a high-yield money market account earning 5.5% interest. Outside of home equity, that's their entire financial cushion. So, the big question was should Nancy pay off the house or keep the cash? Ramsey was quick to weigh in. 'If you had $600,000, I would tell you instantaneously write a check and pay off your house,' he said. 'If you had $100,000, I would say don't touch it, you would be starved.' In Nancy's case, Ramsey recommended she pay off the house, but only if she and her husband commit to the following strategy: Get on a tight, detailed budget. Start investing $1,000 to $1,500 per month in a mutual fund. Keep $30,000 in emergency savings Invest the leftover funds into a mutual fund as well. Read more: This is how American car dealers use the '4-square method' to make big profits off you — and how you can ensure you pay a fair price for all your vehicle costs Here's Ramsey's logic: Paying off the house would free up $756 per month. If the couple can get on a budget and squeeze about $750 more out of their monthly income, investing $1,500 per month, with an average annual return of 10%, would generate around $85,000 in four years, covering the amount used to pay off the mortgage. As for investing the rest of the couple's savings, let's say they're left with $75,000 after paying off the house and setting aside an emergency fund — assuming the same average rate of return as above, that amount would be close to $150,000 by age 77, and around $300,000 by age 84, not counting additional monthly contributions. 'Too many retirees have a paid-off house and no money to live,' Ramsey warned. 'You don't want to be digging up bushes in your yard for dinner.' If you suddenly come into a life-changing amount of money, you might be tempted to spend it. But you also will want to make sure it lasts so you don't end up going broke. Before making any major financial moves, make sure you understand the tax hit. Many windfalls aren't tax-free, so it's a good idea to get in touch with a licensed accountant. Figure out how much you're really walking away with before you start writing checks. Next, take a look at your debt. Any high-interest debt, from credit cards to personal loans, should be on the chopping block. That said, not all debt is created equal. Got a mortgage under 4%? It might be worth keeping for now, depending on your broader financial picture and how much you've got to work with. After all, you don't want to end up house-rich and cash-poor. Don't forget about safety. Boosting or building your emergency fund with three to six months' worth of expenses, parked in a high-yield savings account, can protect you from going further into debt in case your car breaks down or a pipe in your home bursts. Retirement accounts may also be top of mind. Consider setting one up, if you don't have one yet, and contributing the maximum amount yearly. A financial advisor can help set you up and invest for long-term growth so you can enjoy your golden years. At the end of the day, a financial windfall with the right plan can set you up for stability, freedom and maybe even a little fun. Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Yahoo
25-05-2025
- Automotive
- Yahoo
A 27-Year-Old Redditor Wants To Know How Much Is Too Much To Spend On A Fun Vehicle: 'Feel Free To Talk Me Out Of This'
A car is a depreciating asset that loses value the moment you take it out of the dealer's lot. While some people view a car as nothing more than a method of transportation, others want to spend some extra money on a fun vehicle. A 27-year-old is considering making this type of purchase and posted in the HENRY Finance Reddit community. The guy has a $500,000 net worth and maxes out his 401(k) and Roth accounts. He's got $2,400 in monthly expenses, which include rent, and he makes $350,000 per year. That salary does not include his bonus. Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – "Feel free to talk me out of this," the 27-year-old suggested while having some reservations about the idea. Fellow Redditors shared their thoughts in the comments. One commenter has bought fun, expensive cars and encouraged the Redditor to do the same. The commenter stated that buying these types of cars serves as extra motivation. Riding an exotic vehicle can put you in a different mindset. If you want to collect these types of cars, you have to earn more money and be smarter about how you spend the rest of your money. Buying the car can also make you feel like you are on top of the world. Having that feeling as a 27-year-old and knowing that you have your entire life ahead of you is a great feeling. You will realize you can accomplish a lot in your life and that there is still much for you to do. Another commenter said they made that type of purchase in their mid-20s and felt empowered by it. However, this same individual is in their 40s and doesn't want a luxury car anymore, despite being out of the "High Earner, Not Rich Yet" category. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — The 27-year-old doesn't have many expenses right now. Some people questioned how he's only spending $2,400 per month, including rent. That means he's keeping most of his money, and since he earns a lot, it's much easier to buy an exotic car. The Redditor could buy this car with cash instead of taking out a loan. That way, interest and regular monthly payments don't eat away at his finances. It looks like he can still max out his retirement accounts and make regular investments in his brokerage account. However, it gets much harder to buy one of these cars as a parent. You will have other responsibilities and expenses to cover. The Redditor won't always be making $350,000 per year and spending $2,400 per month. The expenses will go up a lot in the future, so if the luxury car is a bucket list item, going for it now may make Redditor proposed the "afford anything" mentality that Paula Pant recommends. The idea is that you can afford anything, but not everything. If the 27-year-old is all set on a luxury car and doesn't have any other discretionary spending categories, it makes sense to get the car. However, if the Redditor wants to travel more often, he may want to wait before buying a nice car. It's still good to gauge how much you can afford. One commenter suggested purchasing an $80,000 vehicle instead of a $120,000 vehicle. Cutting down the maximum purchase price can still result in a nice car while allowing the Redditor to save more money. The luxury car is doable if the 27-year-old maintains low expenses. He may not have this type of opportunity when he starts his family. Buying the car and aggressively saving the rest of his annual salary can still set him up for long-term wealth. Read Next: Nancy Pelosi Invested $5 Million In An AI Company Last Year — 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article A 27-Year-Old Redditor Wants To Know How Much Is Too Much To Spend On A Fun Vehicle: 'Feel Free To Talk Me Out Of This' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
24-05-2025
- Business
- Yahoo
Las Vegas senior asks Dave Ramsey what to do with $200K game show winnings — here's why he's wary of windfalls
Nancy, a senior from Las Vegas, says she recently won $200,000 after an appearance on a game show. Unsure what to do with the life-changing jackpot, she called into The Ramsey Show seeking advice. 'I'm 70 years old, that's more money than I've ever had,' she said in a clip posted May 11. But with great winnings come taxes. Nancy says she had about $145,000 left in prize money after paying roughly $55,000 in taxes. Now, the big question loomed: What should she do with this windfall? Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10) Here's what finance personality Dave Ramsey had to say. Nancy told Ramsey she and her husband are semi-retired, living on about $4,500 a month in Social Security, plus some part-time work where she earns up to $600 per month, and her husband brings in a couple of thousand dollars more. They recently downsized their home and owe $85,000 on the mortgage, which runs them $756 per month. Their total savings? Just over $200,000, including the game show winnings, which they've parked in a high-yield money market account earning 5.5% interest. Outside of home equity, that's their entire financial cushion. So, the big question was should Nancy pay off the house or keep the cash? Ramsey was quick to weigh in. 'If you had $600,000, I would tell you instantaneously write a check and pay off your house,' he said. 'If you had $100,000, I would say don't touch it, you would be starved.' In Nancy's case, Ramsey recommended she pay off the house, but only if she and her husband commit to the following strategy: Get on a tight, detailed budget. Start investing $1,000 to $1,500 per month in a mutual fund. Keep $30,000 in emergency savings Invest the leftover funds into a mutual fund as well. Read more: This is how American car dealers use the '4-square method' to make big profits off you — and how you can ensure you pay a fair price for all your vehicle costs Here's Ramsey's logic: Paying off the house would free up $756 per month. If the couple can get on a budget and squeeze about $750 more out of their monthly income, investing $1,500 per month, with an average annual return of 10%, would generate around $85,000 in four years, covering the amount used to pay off the mortgage. As for investing the rest of the couple's savings, let's say they're left with $75,000 after paying off the house and setting aside an emergency fund — assuming the same average rate of return as above, that amount would be close to $150,000 by age 77, and around $300,000 by age 84, not counting additional monthly contributions. 'Too many retirees have a paid-off house and no money to live,' Ramsey warned. 'You don't want to be digging up bushes in your yard for dinner.' If you suddenly come into a life-changing amount of money, you might be tempted to spend it. But you also will want to make sure it lasts so you don't end up going broke. Before making any major financial moves, make sure you understand the tax hit. Many windfalls aren't tax-free, so it's a good idea to get in touch with a licensed accountant. Figure out how much you're really walking away with before you start writing checks. Next, take a look at your debt. Any high-interest debt, from credit cards to personal loans, should be on the chopping block. That said, not all debt is created equal. Got a mortgage under 4%? It might be worth keeping for now, depending on your broader financial picture and how much you've got to work with. After all, you don't want to end up house-rich and cash-poor. Don't forget about safety. Boosting or building your emergency fund with three to six months' worth of expenses, parked in a high-yield savings account, can protect you from going further into debt in case your car breaks down or a pipe in your home bursts. Retirement accounts may also be top of mind. Consider setting one up, if you don't have one yet, and contributing the maximum amount yearly. A financial advisor can help set you up and invest for long-term growth so you can enjoy your golden years. At the end of the day, a financial windfall with the right plan can set you up for stability, freedom and maybe even a little fun. Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Sign in to access your portfolio
