Social inflation causing insurance rates to jump, no end in sight for rising premiums in 2024
Insurance rates are rising for customers as insurers struggle to deal with claim payouts.
These 5 cities have the largest inflation problem: survey
Buyers are more optimistic about homebuying as average monthly mortgage payments drop to their lowest level in years.
Homeowners’ monthly mortgage payments dropped to lowest rate in years
Buyers are more optimistic about homebuying as average monthly mortgage payments drop to their lowest level in years.
U.S. heads toward slow recovery with 353,000 jobs added in January
Employment grew by 353,000 in January while unemployment stayed at 3.7%.
Gas prices increase in synch with oil costs and growing demand
A spike in demand as winter weather thawed and higher oil prices pushed gas prices up this week.
Borrowers meet challenges as student loans resume and servicers struggle to handle new payments
The Biden-Harris administration is withholding payments from services characterized by long wait times and inaccurate loan bills.
Trump-era tax cuts poised to expire soon, meaning you could face steeper taxes
The expiration of the Tax Cuts and Jobs Act on Dec. 31, 2025, will essentially mean that many Americans will be forced to pay anywhere between 1% to 4% more in taxes unless certain provisions are extended or made permanent.
Fed holds steady on interest rates, but outlook on when cuts will come remains cloudy
The Federal Reserve held the federal funds rate at a 22-year high of 5.25% to 5.5% at its January meeting on Wednesday.
US home prices hit a new record high in November
US home prices rise again in November as inventory shortage persists
Many consumers carrying a credit balance know it's a bad idea: survey
Americans know better than to carry a balance, but many struggle with growing credit card debt, a recent survey said.
Home prices in some cities trended down in November: Case-Shiller
Home prices were generally on the rise in 2023, but declined slightly in November.
Drivers see a return of the zero percent car loan with longer terms in Q4: report
From helping student loan borrowers pay off debt and save for retirement to complete forgiveness, 2024 brings some hope for borrowers.
New student loan laws can help borrowers manage better in 2024
From helping student loan borrowers pay off debt and save for retirement to complete forgiveness, 2024 brings some hope for borrowers.
Homeowners moving across state lines, seeking affordability, find it in certain cities
More households are passing on costly cities, moving to lower-cost areas like Charlotte, Providence and Indianapolis.
Education Department plans inflation fix for new FAFSA
Families must wait longer to see how much student aid they are awarded for the upcoming college spring semester via FAFSA.
Gas prices remain stagnant as demand drops: AAA
Although prices are lower than they were last year at this time, they remain steady month over month.
Study: Gen Z, millennials are ‘obsessed’ with idea of being rich
The study found that nearly 60% of millennials said they feel behind financially, likely contributing to feelings of financial inadequacy.
30-year mortgage rate stabilizes in 6.6 percent range, draws buyers back: Freddie Mac
The average 30-year fixed-rate mortgage was 6.69% for the week ending Jan. 25, according to Freddie Mac's latest Primary Mortgage Market Survey.
US fourth quarter GDP beats expectations and recession odds
Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.
Biden cancels another $5 billion in student loan forgiveness – Here's who is impacted
The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.