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Mortgage Interest Deduction: How It Works

Key takeaways The mortgage interest tax deduction allows you to deduct interest paid on up…

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Why High Mortgage Rates Mean It’s Time to Save, Not Buy

Photography by Getty Images; Illustration by Bankrate If you’ve been watching mortgage rates hover near…

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Selling A Car With A Lien

Nopphon_1987/Shutterstock Key takeaways A car lien is placed on your car when you borrow money…

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I’m A Credit Cards Editor Who Hates Annual-Fee Cards

This might come as a surprise, but I’m a credit cards editor who avoids cards…

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What Is FICA Tax? What You Should Know About Payroll Taxes

FICA taxes, which are also called payroll taxes, are mandatory for most working Americans and…

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Tax Identification Number (TIN): What It Is, How To Find It

Image by GettyImages; illustration by Bankrate  If you receive income or have any taxable activity,…

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Gross vs. Net Income: What’s The Difference?

Credit: Images by GettyImages; illustration by Jessa Lizama/Bankrate Understanding the difference between gross and net…

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Best 5% Cash Back Credit Cards

Alistair Berg/DigitalVision/Getty Images One of the highest rewards rates on the market, you can earn…

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What Is A Mortgage Prepayment Penalty?

Key takeaways A prepayment penalty is a fee designed to discourage borrowers from paying off…

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Ally Money Market Account Rates

Logo courtesy of Ally Bank Ally Bank is an online-only bank offering a wide range…

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