Patricia Marroquin/Getty Images/Illustration by Bankrate
With home prices in California among the highest in the country, owning a piece of property here likely means you’ll need to borrow some money. You shouldn’t just borrow from the first mortgage lender you find, though. Compare mortgage lenders in California to find an option that’ll help lower your costs — and stress — on the road to closing. Here are some of the best lenders in the state that have earned high marks from Bankrate and positive feedback from borrowers.
Best mortgage lenders in California
Lender
Credit requirements
Down payment minimum
Bankrate Score
Veterans United Home Loans
620 for conventional and VA loans
3% for conventional loans, 3.5% for FHA loans, none for VA and USDA loans
4.9
Bethpage Federal Credit Union
620 for conventional loans, 500 for FHA loans
3% for conventional loans, 3.5% for FHA loans
4.9
Wells Fargo
620 for conventional loans
3% for conventional loans, 3.5% for FHA loans, none for VA and USDA loans
4.8
First Mortgage Direct
620 for conventional loans, 580 for FHA and VA loans
3% for conventional loans, 3.5% for FHA loans, none for VA and USDA loans
4.8
New American Funding
620 for conventional loans
3% for conventional loans, 3.5% for FHA loans, none for VA and USDA loans
4.8
Availability: All U.S. states
Loans offered: Conventional, jumbo, FHA, VA, USDA
Credit requirements: 620 for conventional and VA loans
Down payment minimum: 3% for conventional loans, 3.5% for FHA loans, none for VA and USDA loans
Where to find: Branch locations and online
Pros
Specializes in VA loans; 24/7 customer service over the phone; free credit counseling for service members
Cons
Doesn’t offer HELOCs or home equity loans; limited number of branches
Availability: All U.S. states except Texas
Loans offered: Conventional, jumbo, FHA
Credit requirements: 620 for conventional loans, 500 for FHA loans
Down payment minimum: 3% for conventional loans, 3.5% for FHA loans
Where to find: Branch locations and online
Pros
Displays rates online; rates tend to be lower than the national average; offers HELOCs
Cons
Must be a member; doesn’t offer USDA loans; only offers VA refinances
Availability: All U.S. states
Loans offered: Conventional, jumbo, FHA, VA, USDA
Credit requirements: 620 for conventional loans
Down payment minimum: 3% for conventional loans, 3.5% for FHA loans, none for VA and USDA loans
Where to find: Branch locations and online
Pros
Displays mortgage rates online; massive branch network; will consider non-traditional credit references in application process; offers low-down payment options to assist lower-income borrowers
Cons
Dialed back its mortgage offerings; no longer offers HELOCs; below-average customer satisfaction scores and negative past customer reviews
Availability: All U.S. states
Loans offered: Conventional, jumbo, FHA, VA, USDA
Credit requirements: 620 for conventional loans, 580 for FHA loans and VA loans
Down payment minimum: 3% for conventional loans, 3.5% for FHA loans, none for VA and USDA loans
Where to find: Online
Pros
Customized online quote tool; no origination or hidden fees
Cons
Preapprovals take slightly longer compared to other lenders
Availability: All U.S. states except Hawaii and New York
Loans offered: Conventional, jumbo, FHA, VA, USDA
Credit requirements: 620 for conventional loans
Down payment minimum: 3% for conventional loans, 3.5% for FHA loans, none for VA and USDA loans
Where to find: Branch locations and online
Pros
Displays current mortgage rates online; initiatives that focus on serving minority borrowers, including down payment grants; more than 170 branch locations
Cons
Not available in Hawaii or New York
How to find the best mortgage lender in California
While the best mortgage lender ultimately depends on individual circumstances and what feels “right” to you, it’s helpful to narrow down your options. Here are some tips:
Set your priorities. Do you want to talk to a loan officer in person? Do you need a faster closing? Want to apply for and track your mortgage status through an app? Consider these and other questions as you come up with your short list of lenders.
Get prequalified or preapproved. If you haven’t determined a homebuying budget, get prequalified for a mortgage first. This can help you understand how much a lender might allow you to borrow based on some preliminary financial information. If you’re ready to shop for homes, skip the prequalification and ask for a preapproval, which involves a credit check.
Ask about first-time buyer and down payment assistance. Many mortgage lenders in California work with the state’s housing finance agency to connect eligible borrowers with more affordable mortgages and down payment help. Some programs are available to both first-time and repeat buyers, too. Compare what different lenders offer and how that might impact your budget.
California conforming loan limits
Depending on the type of loan you use to purchase your home, it might be subject to conforming loan limits:
Conventional loan: $766,550 in most counties
FHA loan: $498,257 in most counties
Check out Bankrate’s county-by-county listing of conforming loan limits in California to see what applies to you.
California first-time homebuyer programs
If you qualify as a first-time homebuyer — meaning you haven’t owned a home in the last three years — see if you’re eligible for one of California’s programs designed to put purchasing a home within your reach. The California Housing Finance Agency, also known as CalHFA, offers a range of options geared toward buyers with low or moderate incomes for the area. You might be able to qualify for a loan with a low interest rate and/or a deferred loan to help cover a down payment and closing costs.
Certain cities might offer additional help, so be sure to search for municipal housing authority options, too. In Sacramento, for example, the Community Homeownership Initiative offers grants up to $22,000 for certain low-income first-time homebuyers.
To determine the best mortgage lenders by state, Bankrate evaluated lenders based on affordability, availability and borrower experience. The best lenders generally have a Bankrate Score of 4.8 or higher. Learn more about our methodology.
The information provided on this website does not, and is not intended to, act as legal, financial or credit advice. See Lexington Law’s editorial disclosure for more information.
A credit freeze is a free way to restrict access to your report, and federal law requires credit bureaus to offer it. A credit lock is a premium offering from credit bureaus, and the main advantage is that you can lock and unlock your report instantly.
In 2022, public data breaches exposed over 20 billion records, allowing bad actors to access sensitive financial information. While credit freezes and credit locks both help you protect your credit report, there are important differences. A credit lock is a premium offering from credit bureaus that you can lock and unlock your report instantly. A credit freeze is free but less convenient, and federal law requires credit bureaus to offer it.
Credit freezes and credit locks are useful ways of deciding who can access your credit report. Understanding the differences between these two methods of credit report protection can help you decide which is the best fit for your situation.
The three main credit bureaus—TransUnion®, Experian® and Equifax®—offer both credit freezes and credit locks to everyone with a credit report.
Read on to learn more about the differences between a credit lock vs. freeze and how each of these works.
Table of contents:
What is a credit freeze?
A credit freeze is a free, secure way to restrict access to your credit report. Placing a freeze on your credit prevents anyone from opening up a new credit account using your information without your permission.
Because a credit freeze blocks new credit under your name, it’s a strong protection against fraud, especially for victims of identity theft.
The option to freeze your credit is a protected right under federal law, so TransUnion®, Experian® and Equifax® must provide this service to you at no cost. Additionally, they have to place the freeze within one business day.
Learn more about how to freeze and unfreeze your credit below.
How to freeze your credit
You can freeze your credit over the phone, online or by mail. However, you’ll need to request a credit freeze at each credit bureau, which means contacting TransUnion, Experian and Equifax separately. After verifying your identity and freezing your credit, you’ll receive a secure Personal Identification Number (PIN) that you’ll need when you’re ready to unfreeze it. You can still check your credit score when your account is frozen, and your existing creditors can also review your file.
In general, a credit freeze lasts until you choose to unfreeze it, but this varies in several states, so be sure to check applicable laws in your area.
Take action: Read our detailed guide about how to freeze your credit with each of the three credit bureaus, with simple steps for making requests over the phone, online or by mail.
How to unfreeze your credit
You can unfreeze your credit by making a request with the credit bureaus and providing your secure PIN. This step also requires proof of your identity, which you can provide over the phone, online or by mail.
You can permanently unfreeze your credit, unfreeze your credit for a specific amount of time or unfreeze your credit only for a specific creditor.
Federal law requires credit bureaus to process your request within one hour if you ask them to unfreeze your credit online or over the phone. On the other hand, requests via mail may take up to three days after receipt before they are processed.
Take action: Read our detailed guide to learn how to unfreeze your credit with each of the three credit bureaus, including information about requests over the phone, online or by mail.
Is there a downside to freezing your credit?
Freezing your credit is a straightforward way to lower the risk of bad actors opening any new credit accounts with your information. That said, when you want to open a new account yourself, you’ll need to go through the process of unfreezing your account before you can do so. Though credit freezes are impactful in preventing identity theft, the planning they require can be inconvenient.
If you’re looking for a more immediate way to restrict and allow access to your credit, a credit lock may be a better option.
What is a credit lock?
A credit lock is a premium offering from the credit bureaus that provides a more immediate method for allowing and restricting access to your credit information.
Like with credit freezes, you must request separate credit locks from each credit bureau. But credit locks aren’t protected by federal law and often entail a monthly fee, so you should read the agreement with each credit bureau carefully.
A credit lock enables you to lock and unlock your credit immediately using a website or app. This means that you can keep your account locked most of the time, but when you need to unlock it—for instance, when getting a credit card or taking out a personal loan—you don’t have to wait.
How to lock your credit
You can lock your credit by signing up for a premium credit lock service with all three credit bureaus: TransUnion, Experian and Equifax.
Take action: Learn more about these products’ costs and specific features by visiting each bureau’s website. Equifax offers its Lock & Alert service, Experian provides CreditLock and TransUnion bundles a credit lock option with its Credit Monitoring service.
Should you use a credit freeze or a credit lock?
Deciding between a credit freeze vs. lock depends on your particular circumstances and needs.
A credit freeze has the advantage of being free and backed by federal law. On the other hand, unfreezing credit takes some time, which can be inconvenient. A credit lock enables you to instantly lock and unlock your credit accounts, but it typically involves a monthly fee and may offer fewer legal protections.
No matter what you choose, both credit freezes and credit locks are valuable tools for protecting your identity. If you have been the victim of identity theft, you may have inaccurate items on your credit report. Get your free credit assessment at Lexington Law Firm to ensure your report is accurate and your identity is safe.
Note: Articles have only been reviewed by the indicated attorney, not written by them. The information provided on this website does not, and is not intended to, act as legal, financial or credit advice; instead, it is for general informational purposes only. Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client or fiduciary relationship between the reader, user, or browser and website owner, authors, reviewers, contributors, contributing firms, or their respective agents or employers.
Reviewed By
Vince R. Mayr
Supervising Attorney of Bankruptcies
Vince has considerable expertise in the field of bankruptcy law.
He has represented clients in more than 3,000 bankruptcy matters under chapters 7, 11, 12, and 13 of the U.S. Bankruptcy Code. Vince earned his Bachelor of Science Degree in Government from the University of Maryland. His Masters of Public Administration degree was earned from Golden Gate University School of Public Administration. His Juris Doctor was earned at Golden Gate University School of Law, San Francisco, California. Vince is licensed to practice law in Arizona, Nevada, and Colorado. He is located in the Phoenix office.
Regional insurer that sells home insurance in three New England states.
Coverage options
About average
Average set of discounts
NAIC complaints
Far fewer than expected
Safety Insurance
Regional insurer that sells home insurance in three New England states.
Coverage options
About average
Average set of discounts
NAIC complaints
Far fewer than expected
About Safety home insurance
Boston-based Safety Insurance sells homeowners insurance in select parts of New England. It earned a NerdWallet rating of 4.5 stars out of 5 for overall performance, standing out for its ultra-low number of consumer complaints. Safety home insurance is worth considering if you live in New England and want to work with a local independent agent to find coverage.
How we rate homeowners insurance companies
Our star ratings are based on consumer complaint data from the National Association of Insurance Commissioners; financial strength grades from AM Best; coverage and discounts available; and the overall consumer experience. See our criteria for evaluating home insurance companies.
Why you can trust NerdWallet
Where Safety stands out
Consumer complaints. Safety draws very few complaints to state regulators for a company of its size, indicating that most policyholders are satisfied with their coverage.
Optional coverage packages. Safety offers bundles of valuable add-ons such as guaranteed replacement cost coverage for your home and water backup coverage.
Where Safety falls short
Availability. Safety serves only three states in New England. Homeowners elsewhere will need to find a different carrier.
Website. Although Safety’s site has some basic functions like online bill payments, it doesn’t allow you to get a quote or offer easily accessible information about the company’s policy options.
State availability
Safety sells homeowners insurance in Maine, Massachusetts and New Hampshire.
Safety home insurance coverage
You can customize your homeowners policy with numerous add-ons, but below are the types of coverage that generally come standard:
Type of coverage
What it does
Pays to repair or rebuild the structure of your home.
Covers damage to unattached structures such as sheds or fences.
Pays to repair or replace personal belongings such as furniture or clothing.
Pays for hotel stays, restaurant meals or other expenses if you have to live elsewhere while your home undergoes covered repairs.
Covers legal expenses and damages if you’re responsible for injuries to other people or their property.
Covers injuries to guests in your home, regardless of fault.
Besides these basics, you may also be able to add:
Equipment breakdown coverage in case a major appliance or system fails. This could include things like HVAC systems, generators and kitchen appliances.
Service line coverage,which can pay for damage to underground lines that connect your home to public utilities.
You can also bolster coverage with optional upgrade packages, including:
Safety Supreme Plus. This package comes with:
Higher limits for jewelry and silverware.
Water and sewer backup coverage in case a sump pump fails or a drain backs up into your home.
Service line coverage.
Extra liability coverage.
Guaranteed replacement cost coverage, which will pay the full price to rebuild your home even if it’s above your policy limit.
Broader coverage for your belongings.
Personal injury coverage for things like slander and libel.
Safety Complete. Coverage for this package includes everything in the Supreme Plus package along with identity theft reimbursement, increased water backup and equipment breakdown limits, and coverage for business property on the premises.
Safety home insurance rates
The average cost of Safety homeowners insurance in New Hampshire is $815 per year, according to NerdWallet’s rate analysis. That’s slightly less than the state average of $865 per year.
In Massachusetts, Safety homeowners insurance costs an average of $1,185 per year, below the state average of $1,320 per year.
Rate data wasn’t available for Safety Insurance in Maine.
Discounts
Depending on where you live, you may be able to save on your Safety homeowners insurance premium by:
Bundling your policy with Safety auto insurance.
Signing up to receive documents electronically.
Buying a new home.
Not having any recent claims.
Having a fire or burglar alarm in your home.
Being a loyal Safety customer.
Consumer complaints
Safety had far fewer than the expected number of complaints to state regulators relative to its size for home insurance, according to three years’ worth of data from the National Association of Insurance Commissioners.
Consumer experience
Website: You can’t get a quote or find many details about Safety’s homeowners insurance coverage on the company website. However, you can log in to your online account to pay bills, view your policy information and find agent contact details.
App: Safety’s app offers the same services as your consumer web portal, including bill payments, claim reporting and seeing agent information.
Claims: You can report a home insurance claim by contacting your agent or calling Safety directly at 800-951-2100. You can also file and track claims through your account on the website or in the app.
Customer service: For help, you can reach out to your local agent or call Safety at 800-951-2100.
The bottom line
Safety Insurance may be right for you if you’re a New Englander who wants to work with a local agent to find the best coverage. But it’s not the best option if you prefer to shop for insurance online.
Current Product
Complaints to NAIC
Far fewer than expected
Complaints to NAIC
Far fewer than expected
Complaints to NAIC
Far fewer than expected
Coverage options
About average
Coverage options
About average
Coverage options
More than average
Discounts
Average set of discounts
Discounts
Average set of discounts
Discounts
Average set of discounts
Bottom line
Regional insurer that sells home insurance in three New England states.
Bottom line
Well-established insurer known for great customer service.
Bottom line
Best for homeowners looking for many ways to customize their policy.
Other home insurance companies to consider
Not ready to make a decision? You may be interested in these other homeowners insurance companies:
Frequently asked questions
What other types of insurance does Safety sell?
In addition to homeowners insurance, Safety products include auto, umbrella, dwelling fire and business policies.
How long has Safety Insurance been in business?
Safety Insurance was founded in 1979.
How do I get Safety homeowners insurance?
Safety policies are sold through independent agents across Maine, Massachusetts and New Hampshire.
Bond Selling Suggests Caution, But We’re Still Data Dependent
By:
Matthew Graham
1 Hour, 14 Min ago
Bond Selling Suggests Caution, But We’re Still Data Dependent
The bond market started off the new year with the highest volume since December 15 and the highest rates in at least as long. In fact, today’s domestic session high of 3.974 was almost perfectly in line with the 3.971 back then. This could be taken as an indication that the late December bullishness is giving way to something more defensive in January. The other way to look at it would simply be that yields were never being true to themselves down in the 3.8% range. That was just the product of the holiday trading environment and now we’re getting back to the business of deciding whether or not we’ll remain under 4%. Call us old fashioned, but the incoming data will likely play the biggest role in that determination.
S&P Manufacturing PMI
47.9 vs 48.2 f’cast, 49.4 prev
09:31 AM
much weaker overnight. MBS down 3/8ths and 10yr up 8.2bps at 3.948.
12:18 PM
Off the weakest levels. 10yr up 7.5bps at 3.941. MBS down 10 ticks (.31).
03:39 PM
sideways near middle of today’s range. MBS down 11 ticks (.34). 10yr up 7.7bps at 3.943
Download our mobile app to get alerts for MBS Commentary and streaming MBS and Treasury prices.
Do you want to learn how to make money in one hour? Whether it’s for an unexpected bill or you’re saving for a special purchase, the good news is that there are many real ways you can make money within an hour or less. These can be ways to make extra income or even possibly…
Do you want to learn how to make money in one hour?
Whether it’s for an unexpected bill or you’re saving for a special purchase, the good news is that there are many real ways you can make money within an hour or less.
These can be ways to make extra income or even possibly be turned into a full-time job.
Back when I had student loans, I found many different ways to make money in an hour. I did this because I wanted to squeeze in quick side hustles around my full-time job – such as before and after work and during my lunch break. There were also times when I needed money quickly, such as in less than an hour, and I had to find ways to make that happen to have cash on hand.
There may be other reasons for why you need to make money in an hour or less. If this is you, continue reading below to learn how to make money in 60 minutes or less!
Key Takeaways
If you have unwanted items (like clothes you don’t wear anymore), sell them. You can use apps or go to a thrift store, and they might give you cash right on the spot.
You could sell helpful services like tutoring or dog walking. These jobs pay you right away for the time you spend doing them.
You can make money fast by taking online surveys. Websites like Survey Junkie or Swagbucks pay you for sharing your opinions.
Recommended reading: How To Make $100 A Day
Best Ways to Make Money in One Hour
Whether you only have one hour to spare each day or if you need to make money in literally one hour from now, you do have some options.
Make money in one hour by selling items you don’t need
Got stuff at home you don’t use anymore? You can turn those things into cash, often in just an hour!
Here are some easy ways you can do this.
Clothes and jewelry – Look in your closet. Are there clothes that are no longer worn? Take them to a thrift store or a consignment store like Once Upon A Child. They buy your gently-used clothes and you leave with cash in your hand!
Toys and games – If you have toys or video games that just sit around, you can sell these too. Kids outgrow these fast, and you can find a new home for them where they’ll be loved again.
Unused gift cards – If you have gift cards that you haven’t used, you can sell them!
Other stuff – Electronics, books, or maybe some old furniture could also be sold.
You can sell items on platforms like Decluttr, Facebook Marketplace, Craigslist, and eBay. I have sold on all these (plus a lot more!), and they are all easy to use.
You could even have a garage sale if you have lots of items to get rid of.
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This free workshop will teach you how to get into the flipping business. It will teach you how to resell furniture, electronics, appliances, and anything else you can find.
Mow lawns or shovel snow
Making money in one hour can be done if you mow lawns or shovel snow. These jobs can be done quickly, and you get paid right after you finish the work.
You’ll need a lawn mower, shovel, and/or snow blower to get started, and you can typically charge around $50+ for a yard.
Doing a good job increases the chances of people asking you to return or recommending you to their friends. Take your time to do things well. Before starting any work, make sure to ask how much they’re willing to spend because this way, both of you agree on the price!
Return a recent purchase
If you bought something you don’t need or haven’t used yet, returning it is a quick way to get cash.
Surprisingly, many people have items lying around that they’ve purchased but may have not used yet. If you really need the cash, then this can be a great option to start with.
First, find your receipt. This shows you paid for the item and when you bought it. No receipt? Look in your email or bags. Sometimes, stores send receipts to your email or put them in your shopping bag.
Next, check the store’s return policy. Some stores let you return items within a certain time, like 30 or 60 days. Be quick – if you wait too long, you can’t return it!
Before you go to the store, make sure the item is in good shape. It should look like when you bought it. Return it in its original packaging if you can. Here’s a list of what you’ll need to return a purchase:
Your receipt (or email proof)
The item (unused and not broken)
Packaging (the box or bag it came in)
At the store, go to the customer service desk and tell them you want to return the item. Be polite – it makes things smoother. If you don’t want to go to the store, some stores might let you mail the item back.
Remember, some items can’t be returned. Things like opened DVDs or personal use items like earbuds usually can’t go back to the store. It’s always a good idea to know the return rules before you buy things.
Deliver food to make money in one hour
If you want to make money fast and take advantage of the gig economy, you can deliver food, such as groceries or restaurant meals. Companies like Instacart, Uber Eats, and DoorDash let you sign up to be a delivery driver.
To get started, you’ll need a car, bike, or scooter and sign up for the company that you want to work with. You’ll then get orders on your phone through an app, go to the restaurant or grocery store, pick up the food, and drive it to the customer’s place (this may be their home or where they work).
You’ll get paid for each person or food delivery, plus get tips as well.
You get to choose the hours that you want to work, and you can work for just one hour or as much as you want.
Related to this, you can even deliver packages for retailers with Amazon Flex!
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Instacart is a popular website for people looking to earn extra money shopping for and delivering groceries. Instacart gives you the option to turn your free time into a chance to make some extra money.
Drive for rideshare companies
If you want to make money quickly, you might start driving for companies like Uber or Lyft.
You get paid for giving people rides in your car, and the more you drive, the more money you can make.
Drivers can earn about $20 per hour on average. In some cities, drivers can make more than $30 an hour.
You can increase your earnings further by concentrating on busy areas (such as before and after a concert) and driving during the busiest times (such as on a Saturday night). This way, you can make more money for each hour of your time!
Recommended reading: How To Make $1,000 In 24 Hours
Answer online surveys
If you want to make money quickly, you can try taking paid online surveys. Market research companies need your opinions to make their products better, so they pay you for your time.
Some paid survey sites where you can take surveys include:
American Consumer Opinion
Survey Junkie
Swagbucks
InboxDollars
Branded Surveys
Here’s what to do:
Sign up: Make a free account on the survey site.
Pick a survey: Choose one that looks interesting to you.
Give honest answers: Share what you really think about the questions you’re asked.
Earn rewards: After you finish, the site will give you points or money.
Earning money from answering surveys is not always fast, and it won’t make you rich. But if you have an hour, it’s a simple way to earn a little extra cash.
For me, I have answered a lot of surveys over the years. I like how I can answer surveys in little breaks I have during the day, such as before and after work, during a lunch break, while being a passenger in a car, and so on. They are easy to answer, and usually only take a few minutes.
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Branded Surveys is one of the most popular survey sites that rewards you in cash and gift cards for sharing your opinion. You can get paid anywhere from $0.50 to $5.00 per survey.
Perform odd jobs found on Craigslist
Craigslist has a jobs section on their site where you can find tasks that people need done right away. These are typically one-time gigs, but there are also part-time and full-time jobs listed here as well.
When you do a job on Craigslist, you usually get paid right after you complete the short task. That means you’ll receive your money on the same day.
To find Craigslist gigs in your town, just go to Craigslist and look for the “gigs” section.
Here are some gigs and tasks I found through a quick search on Craigslist:
House cleaner
Mover
Focus groups
Help with launching a boat
Gardening help
Help with painting a home
Lawn mowing
Participate in focus groups
Are you looking for a quick way to make money? Joining focus groups can be a fun way for you to earn extra cash and many times they take an hour or less.
A focus group is a small group of people who talk about products or services. Companies use your opinions to make their stuff better by learning more about their customers, such as you.
User Interviews is a popular site to find focus groups to take part in.
I have done a user interview in the past and got paid $400 for just one hour of work. It was simple, and everything happened online through a video call to see my opinion on a new feature for a well-known company (one of the largest companies in the world, in fact – so even large companies use these to help them improve!).
You can make $50 to $100 per hour, or even more, by sharing your thoughts and feedback.
Recommended reading: 19 Best Places To Find Paid Research Studies
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User Interviews pays very well for market research studies and these are some of the highest paying online surveys, with each paying $50 to $100 or more. The average pays over $60.
Mystery shopping
If you want to earn money quickly, like in just an hour, you can try becoming a mystery shopper. Mystery shoppers are people just like you and me who get paid to shop and give their opinion.
I’ve done a lot of mystery shopping over the years to make some extra money and to get free stuff. It’s easy work that can be done either on the phone (such as by rating their customer service when they answer the phone) or in person at a store. Most mystery shops take less than an hour too! I’ve done many that even take less than 5 minutes to complete.
The way mystery shopping works is that you’ll typically buy products or try services, pay attention to the details like how clean the store is or if the staff is nice, and then answer questions that the mystery shopping company gives you after you are done.
Donate plasma
If you’re looking for ways to make money in one hour, you can donate plasma and get paid for it.
When you go to donate, the center will check your blood to make sure you’re healthy and that your plasma can be used to help others.
Here’s what you might earn for your plasma donation:
$20 to $50 for each time you donate
Up to $300 a month if you donate regularly
Some centers might pay more money for your first time donating, like a bonus to persuade you to start. The amount you get can change depending on where you live, so make sure to confirm before you commit.
Tutor students online
If you want to learn how to make money in one hour online, then online tutoring jobs can be a good option to look into.
If you’re good at a subject, you can make money fast by tutoring students online. Lots of students need help with their schoolwork and are willing to pay for your knowledge.
As a tutor, you might spend 30 minutes to an hour giving a lesson, answering questions online, or working one-on-one with a student through a video lesson.
Tutors can earn different amounts depending on what they teach (the subject) and the duration of the session (whether it’s a quick question or a full-hour session). For example, tutoring in advanced subjects like calculus usually pays more than simpler ones like first-grade math. Some tutors may earn around $20 per hour, while others can make well over $100 per hour.
Sell scrap metal
Selling scrap metal or precious metals is a quick way to make some money in just one hour.
To get started, you’ll want to find metal items from around your home. This can be old appliances, wires, and even soda cans.
Then, you’ll want to find a scrap yard nearby to take your metals. You’ll want to make sure it’s clean and to keep your metals separated and organized.
Once you get to the scrap yard, you’ll weigh your metal on their scales, and then they’ll give you a price. If it’s your first time, ask how the process works just so that you are not confused by anything.
Prices change often, so what you earn depends on the type and weight of the metal you sell.
Play online games for rewards
Have you ever thought you could make money by playing games on your phone or computer? Yes, you can! Some apps and websites let you earn rewards, like gift cards or even cash, just for playing online games in your spare time.
Apps that pay you for playing games usually make their money through ads, things you buy in the app, and paid gaming competitions. They share a bit of what they earn with you to get you to keep playing their games and spend more time on their platform.
Here’s a quick list of the top game platforms that pay real cash:
KashKick
Swagbucks
InboxDollars
Recommended reading: 23 Best Game Apps To Win Real Money
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Swagbucks is a site where you can earn points for answering surveys, shopping online, watching videos, using coupons, and more. You can use your points for gift cards and cash.
Walk dogs
If you like being around pets and want to make money fast, dog walking is a great choice. Many dog walking gigs are one hour or less per visit, so this can be a great way to make money in an hour.
To start, you just need a love for dogs and a good pair of walking shoes.
You can set your rates, usually between $10 to $20 for a 30-minute walk.
One hour of walking dogs could mean walking one dog for 60 minutes or doing two 30-minute walks for two different dogs.
Rover is a website that connects pet owners with pet sitters and dog walkers. Starting on Rover is simple. You create a profile where you talk about your experience with pets and the services you can offer, such as dog walking, pet sitting, and house sitting. After setting up your profile, you’ll get requests from customers and discuss pricing. Rover handles payment processing, and you’ll receive the payments directly into your account.
I know many people who are dog walkers, and they all really love the job. I have also used dog sitters in the past – it is a wonderful and super helpful service.
Freelance online on your own schedule
As a freelancer, you get to choose your own hours. So, you may decide to work an hour here and an hour there.
Back when I had a full-time job, this is what I loved about being able to freelance online – I could work in my spare time, even if it was just small pockets of time that I had. For example, I would complete short tasks an hour before I went to work, during my hour lunch break, and later once I got home from work.
And, there are many different types of freelance gigs that you can do, such as managing social media as a virtual assistant, data entry, proofreading, graphic design, email management, and more.
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This free 76-minute workshop answers all of the most common questions about how to become a proofreader, and even talks about the 5 signs that proofreading could be a perfect fit for you.
Sign up for a high yield savings account
A high-yield bank account is a low-risk method to make extra money, and it typically takes less than an hour of your time to set up.
These savings accounts earn more interest than a regular one, so your money grows faster.
You will want to make sure that you pick a trustworthy bank and check the interest rates regularly because they can go up or down. Some people move their money into high-yield savings accounts often so that they can get the highest interest rates.
I personally use Marcus by Goldman Sachs as they have a very high rate. You can get up to 5.50% (at the time of this writing through a referral link bonus). According to this high-yield savings account calculator, if you have $10,000 saved, you could earn $550 with a high-yield savings account in a year. Whereas with normal banks, your earnings would only be $46.
This is an easy way to make passive income!
Frequently Asked Questions
These answers help you find quick ways to make money when you need it fast.
How can I make money ASAP?
If you need cash right away, you can sell things you don’t use anymore, like toys or clothes. Another fast way is to do small jobs for neighbors, like walking their dogs or helping in the garden.
How can I make $100 a day?
To make $100 a day, you could do jobs like cleaning houses, pet sitting, or babysitting. You could also combine a few things like doing surveys online, delivering food, or driving people places.
How to get money in one day without a job?
Without a job, you can still make money by selling stuff online, like clothes, games, or even sports equipment. You can also collect cans or bottles to recycle, or ask friends or family if they need help with anything for some quick cash.
How to make money in one hour as a kid?
As a kid, you can make money fast by setting up a lemonade stand, doing a car wash, or even making and selling crafts to friends and family (such as bracelets or custom T-shirts!). Of course, please check with your parents and stay safe.
How can I make money in one hour at home?
To make money in an hour at home, you can do things like sell items that you already own, such as your old clothing or a cell phone. You could also walk dogs, freelance online, or even tutor.
How to Make Money in One Hour – Summary
I hope you enjoyed this article on how to make money in one hour.
As you can see, there are many things that you can do to make money – whether you’re looking for a full-time job or just want to complete short tasks that take less than an hour.
Hour or shorter gigs helped me a ton to pay off my student loans as quickly as I could. Being able to work in short amounts of time helps me to work on my own schedule and fit more side hustles in.
Why are you looking to make money in an hour? Let me know in the comments below!
2023 may be a year that we won’t soon forget, but the past two weeks have been quite the opposite. Today’s holiday-shortened trading session did nothing to change the narrative. Yields were modestly higher overnight, giving chase to a slightly bigger sell-off in Europe. Domestic traders pushed back toward unchanged levels by mid day but sellers resurfaced at the 1pm CME close. Trading levels remained easily within the exceptionally flat range seen since Dec 14th. We continue to focus on next week’s economic data and Fed Minutes as the first major sources of potential volatility in 3 weeks.
Chicago PMI
46.9 vs 51.0 f’cast, 55.8 prev
09:34 AM
Weaker overnight with Europe. 10yr up 3.5bps at 3.881. MBS down an eighth.
11:28 AM
MBS back to unchanged. 10yr now up only 1.6bps at 3.862.
01:33 PM
Weakness at the 1pm CME close. 10yr up 4bps at 3.885. MBS down an eighth.
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Multiple headwinds kept buyers and sellers on the sidelines of the housing market this year.
But that could change as interest rates fall and builders keep adding inventory.
These are Wall Street’s top predictions for where the US housing market is headed in 2024.
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Rising prices and steep borrowing costs in the US housing market kept homebuyers in a year-long limbo, with a national property shortage adding to headwinds in the sector.
While home prices dropped sharply through 2022, they rallied for nine-straight months beginning in January, recently hitting fresh all-time highs. Meanwhile, as the Federal Reserve raised borrowing costs, mortgage rates jumped to levels not seen sine the mid-2000s.
Finally though, conditions appear poised to shift, especially given mounting bets that the Fed will loosen monetary policy in 2024.
From supply to price growth, here are top experts’ outlooks for 2024 housing market.
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Realtor.com: A “bit of a break”
As the Fed turns dovish, the 30-year fixed mortgage rate will average 6.8% next year, Realtor.com predicted in early December. In the last week of the month, the rate slid to 6.61%.
This could have the effect of slowing demand as homebuyers feel less pressure to race against higher borrowing costs. The listing agency expects prices to dip by 1.7%, having risen 3% in 2023.
“It will be a bit of a break after what have been pretty relentless home price increases,” Chief Economist Danielle Hale said, adding: “Some of the pressure and sense of urgency will start to let up.”
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However, the volume of existing homes for sale will tumble 14%, as the mortgage rates at the level the firm predicts will still be more expensive than what 85% of current borrowers are paying.
Goldman Sachs: Inventory picks up
Goldman Sachs estimates existing sales will only dip slightly in 2024, before rebounding to 4.24 million the year after. Meanwhile, new home sales will climb from this year’s 680,000 to 723,000 in 2024.
That’s as housing starts will inch higher, climbing from 1.39 million to 1.335 million in 2024. New home construction has substantially increased this year, as homebuilders jumped on the lack of housing.
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The bank expects muted price growth next year.
Redfin: Prices will fall 1%
The 30-year mortgage rate will average 6.6% by the end of 2024, leading to a 1% drop in home prices, the real estate firm expects.
“Home prices will still be out of reach for many Americans, but any break in the affordability crisis is a welcome development nonetheless,” Chief Economist Daryl Fairweather said.
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Meanwhile, home sales will jump 5%, reaching 4.3 million. Still, Redfin says high costs will push rent demand higher, while there could be an uptick in priced-out Americans moving in with their parents.
Zillow: Prices will flatten
Buyers shouldn’t expect home prices to fall much, but the rate of growth will level off and allow Americans’ incomes to catch up, the real estate platform predicted in a late-November note.
Mortgage rates will probably hold at current levels in the coming months, as the persistent slowdown in inflation makes an uptick in rates unlikely.
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“Taken together, the cost of buying a home looks to be on track to level off next year, with the possibility of costs falling if mortgage rates do,” Zillow researchers said.
Fannie Mae: Price growth will lose steam
Mortgage rates will average 6.7% in 2024, not far off levels seen this summer, the government-sponsored mortgage finance agency predicted.
Total home sales will jump to 4.8 million, fueled by a gradual recovery in existing home sales, Fannie Mae said. A modest economic downturn will cause a shallow decline in new home sales, though the contraction won’t diminish construction volumes in the long run.
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The agency expects prices to continue appreciating, albeit at a slower pace. Citing an October survey, it forecasts 2.4% price growth next year.
Air travel can be stressful enough without having to wade through throngs of people, pay for an overpriced hamburger or search for a seat. This is especially true if you’re flying through Las Vegas, where slot machines dominate much of the terminals.
But Harry Reid International Airport is not all gambling and pricey snacks. There are airport lounges scattered throughout the terminals, and each features complimentary food and drinks, an abundance of chargers and ample seating.
About Las Vegas lounges
Airport lounges can be a useful way to relieve some of the stress from traveling. Although they can be crowded (and may even require waitlists at times), they tend to be better staffed than the standard airport terminal.
Beyond this, they also feature extra amenities like complimentary food and sometimes even showers.
American Express Centurion Lounge
American Express is at the forefront of the luxury airport lounge experience and the brand’s Centurion Lounge in Las Vegas is no exception. Located in the D Concourse opposite gate D1, the American Express Centurion Lounge is open daily from 5 a.m. to 11 p.m.
Those who are traveling in other terminals are able to access the lounge via the tram system, which is located after security.
Only cardholders and authorized users are granted complimentary access to the Centurion Lounge. Cardholders can opt to pay a $50 ($30 for those aged 2-17) fee per guest for entry. Otherwise, those who spend more than $75,000 in a calendar year on an eligible card are able to bring in up to two guests free of charge.
The Club LAS
There are two The Club LAS lounges at Las Vegas airport. One is located in Terminal 3 and is open from 5 a.m. to 12 a.m. daily.
The other is located in the D Concourse and is open from 5 a.m. to 11:30 p.m. each day.
Both of these lounges are accessible to those who have a Priority Pass Select membership. Priority Pass Select memberships are offered by many different premium travel credit cards and confer unlimited complimentary access to eligible lounges.
United Club Lounge
If you hold an eligible United credit card or otherwise have a United Club membership, you can make your way to the Las Vegas United Club Lounge. Star Alliance Gold members on eligible flights also have access to the lounge.
One-time passes can be purchased by those with a boarding pass for same-day travel on a Star Alliance, United or partner flight. It costs $59 per person and can be bought in person or through United’s mobile app.
Open from 4:30 a.m. to 12:30 a.m. daily, the lounge is located in Concourse D between gates D33 and D35.
USO Lounge
The two USO Lounges in Las Vegas are available exclusively to active duty members of the military and their families. The first is located in Terminal 1 just outside the security checkpoint for A and B gates. It’s open from 4 a.m. to 8 p.m. daily.
The second USO lounge is located in Terminal 3 in the baggage claim area, next to carousel 20. It’s open from 8 a.m. to 8 p.m. each day.
Lounges coming soon
Chase Sapphire Lounge
Chase has two airport lounges currently open, one in Boston (BOS) and one in Hong Kong (HKG). It has also announced a future lounge in Las Vegas at C gates, though there is no opening date specified.
Capital One Lounge
Capital One also has two lounges that are currently open — one in Dallas-Fort Worth (DFW) and the other in Washington D.C. (IAD). Along with one in Denver (DEN), Capital One is planning on launching a lounge in Las Vegas.
If you want to use the lounges in the Las Vegas airport
The fun doesn’t have to end when you leave Las Vegas.
If you’re flying through the airport, take advantage of the Las Vegas lounges on offer before takeoff. Along with free food and drinks, you’ll be able to enjoy a variety of amenities.
Before you go, be sure you have a credit card or membership that grants you airport lounge access. While it’s possible to pay for a day pass for certain lounges, many premium cards offer complimentary lounge access as a perk to cardholders.
How to maximize your rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2023, including those best for:
The world of investing is vast, and, at times, complicated.
Part of leveling up your investing game is understanding what’s out there, and how it may fit with your portfolio, and risk tolerance. Or not! That’s right, investing is just as much about knowing what isn’t right for you.
One investment type that may leave you intimidated is options. So let’s break it down: An option is a financial instrument tied to an underlying asset. They are a type of derivative, named for their relation to their underlying assets that determine their value.
In practice it may look like this: Instead of buying a stock outright, an options contract allows the buyer to potentially profit from price changes in that stock without actually owning it.
You can also use options to protect existing positions you have. For example, if you own a stock that has risen in value, and want to protect your gains, you may buy an option to sell it at a specific price. That way, if the value of your stock falls further, you have locked in a sale price ahead of time.
That’s pretty nifty, but options also come with more risk than more “regular” investments, as they can result in steep losses. Learn more about options trading for beginners here.
Why do People Trade Options?
Watch the video below, where financial educator Ro$$ Mac shares 4 reasons why investors might consider trading options. Whether investors are looking for flexibility or income, he breaks down why options may help as part of an overall investing and financial strategy.
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Interested in options? SoFi’s trading platform offers access to options from the mobile app or the web. Head to your SoFi Invest account to get started.
Please understand that this information provided is general in nature and shouldn’t be construed as a recommendation or solicitation of any products offered by SoFi’s affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision. The information and analysis provided through hyperlinks to third party websites, while believed to be accurate, cannot be guaranteed by SoFi. These links are provided for informational purposes and should not be viewed as an endorsement. No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content. Communication of SoFi Wealth LLC an SEC Registered Investment Adviser SoFi isn’t recommending and is not affiliated with the brands or companies displayed. Brands displayed neither endorse or sponsor this article. Third party trademarks and service marks referenced are property of their respective owners.
INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE
Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org)/SIPC(www.sipc.org). Automated investing is offered through SoFi Wealth LLC, an SEC-registered investment adviser. Neither the Investment Advisor Representatives of SoFi Wealth, nor the Registered Representatives of SoFi Securities are compensated for the sale of any product or service sold through any SoFi Invest platform. Information related to lending products contained herein should not be construed as an offer to sell, solicitation to buy or a pre-qualification of any loan product offered by SoFi Lending Corp and/or its affiliates. SoFi doesn’t provide tax or legal advice. Individual circumstances are unique. Consult with a qualified tax advisor or attorney about your specific needs.
Investment Risk: Diversification can help reduce some investment risk. It cannot guarantee profit, or fully protect in a down market.
Only offers made via ACH are eligible for the match. ACATs, wires, and rollovers are not included. Offer ends 12/31/23.
Home prices could keep climbing, as mortgage rates fall and the Fed slashes rates.
The latest release of the Case-Shiller index data showed a 4.8% annual increase in home prices in October.
Mortgage rates have fallen as markets eye Fed easing, driving a new wave of homebuyer demand.
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Home prices surged in October, and they may have room to run further, according to data from S&P Global’s Dow Jones Indices group.
The S&P CoreLogic Case-Shiller home price index, a leading tracker of US home prices, showed a 4.8% annual increase in October, according to a release on Tuesday. In September, the index showed a 4% annual rise in home prices.
And as the Fed is poised to slash rates, sending mortgage rates tumbling lower, lofty prices are expected to stick around.
“Home prices leaned into the highest mortgage rates recorded in this market cycle and continued to push higher,” Brian D. Luke, researcher at S&P Dow Jones Indices said. “With mortgage rates easing and the Federal Reserve guiding toward a slightly more accommodative stance, homeowners may be poised to see more appreciation.”
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According to the release, S&P’s 10-city, 20-city and National Index, are at all-time highs.
“A solid, if unspectacular report, this month’s index reflects a rising tide across nearly all markets,” Luke said.
The sharpest uptick in prices was seen in the Midwest and Northeast regions, Luke said, in cities like Chicago, Boston, Detroit, Cleveland and New York.
As home prices climb, mortgage rates have been falling at their fastest pace since the 2008 crash. That’s because the Fed has been eyeing rate cuts next year, sending benchmark bond yields down and lowering borrowing costs for consumer and corporate debt. Mortgage rates have dipped to 6.67% after touching 8% in October for the first time since 2007.
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But alongside the easing rates, market experts have been warning about a coming upswing in home prices. Last week, a report from Fitch Ratings said that home prices may pick up speed after the Federal Reserve cuts rates next year, with prices edging up by as much as 3%.
And real estate mogul Barbara Corcoran has said that prices would jump higher the minute mortgage rates slide lower by one more percentage point, with buyer demand set to skyrocket as the cost of home loans drops.