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RATE UPDATE Looking for a secure place to stash your cash? Search FDIC-insured high-yielding CDs.

Is borrowing from loved ones a smart move?
FINANCIAL LITERACY
Is borrowing from loved ones a smart move?
A loan from friends or family seems like a good idea, but default on payments and you could lose more than money.
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    NATIONAL OVERNIGHT AVERAGESTODAY+/-LAST WEEK
    30 yr fixed mtg 5.80% 5.91%
    15 yr fixed mtg 5.52% 5.62%
    5/1 ARM 5.82% 5.94%
    30 yr fixed jumbo mtg 7.15% 7.13%
    5/1 jumbo ARM 6.15% 6.38%
    Rates may include points
    To compare local rates enter ZIP code:
    NATIONAL OVERNIGHT AVERAGESTODAY+/-LAST WEEK
    $30K HELOC 5.48% 5.44%
    $50K HELOC 5.14% 5.14%
    $30K Home Equity Loan 7.96% 7.91%
    $50K Home Equity Loan 7.72% 7.72%
    $75K Home Equity Loan 7.72% 7.72%
    Rates may include points
    To compare local rates enter ZIP code:
    NATIONAL OVERNIGHT AVERAGESTODAY+/-LAST WEEK
    36 month new car loan 6.75% 6.76%
    48 month new car loan 6.80% 6.53%
    60 month new car loan 6.82% 6.55%
    72 month new car loan 6.44% 6.44%
    36 month used car loan 7.13% 7.13%
    Rates may include points
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    NATIONAL OVERNIGHT AVERAGESTODAY+/-LAST WEEK
    6 month CD 3.19% 3.19%
    1 yr CD 3.69% 3.67%
    5 yr CD 4.13% 4.14%
    1 yr IRA CD 3.29% 3.28%
    5 yr IRA CD 3.96% 4.01%
    Rates may include points

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    NEWS THIS WEEK
    The way the brain works makes it prone to money mistakes. Here's how to avoid these cerebral snares. Beefed-up FDIC coverage was added to the bailout to "sweeten" a bill many found unpalatable. Will it help you? Once a sales contract is signed, you can back out -- but you may have to pay for the privilege. Despite limited resources, states try to help homeowners facing interest-rate resets to refinance into fixed-rate loans. See rates from our national survey of mortgages, home equity products, auto loans, credit cards and CDs.
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