Student loan interest is accruing again: What to know before payments start in October
Although the Biden administration's student loan forgiveness plan was struck down, there are new options that aim to save borrowers money.
Mortgage rates take a dip ahead of Labor Day weekend: Freddie Mac
Mortgage rates declined this week, but remain elevated, Freddie Mac reported. But the direction of mortgage rates remains uncertain ahead of the Fed’s next meeting, where the central bank could raise interest rates again.
GDP growth for Q2 dips on second estimate
Gross domestic product (GDP) increased in Q2 2023 and signs of a strong economy could push the Fed to raise interest rates again. This could have a major impact on consumer debt.
Looking for today’s biggest mortgage rate savings? Try 15-year terms | August 31, 2023
Check out the mortgage rates for August 31, 2023, which are mixed from yesterday.
Americans consider using credit cards to afford student loan payments: survey
Many Americans who used the pause on student loan payments to reduce debt may now have to reverse course, according to a recent Empower survey.
Today’s lowest mortgage rates? Consider today's shorter terms | August 30, 2023
Check out the mortgage rates for August 30, 2023, which are mixed from yesterday.
Today’s lowest mortgage rate? Try 15-year terms | August 28, 2023
Check out the mortgage rates for August 28, 2023, which are mixed from Friday.
These states will get a bigger slice of Biden's $39 billion student loan forgiveness pie
Borrowers in states with the highest borrowing rates are set to get the biggest share of Biden's student loan forgiveness under the new income-driven repayment plans.
New SAVE student loan repayment plan could save borrowers $1,000 a year
It's estimated that more than one million borrowers will qualify for monthly payments of zero, based on their incomes.
Gas prices drop ahead of Labor Day weekend: AAA
The average price of gas dropped this week as oil prices follow a downward trend, according to AAA. Motorists may see some pressure at the pump as they get closer to Labor Day weekend.
Home price growth reaches highest level since last year: Redfin
Home prices increased 2.6% from last year, Redfin reported. And a lack of housing inventory could be placing barriers to homeownership and driving up prices. Still, the Fed's doubts over a possible recession may fuel a housing rebound.
Credit card users with the highest balances live in these states: survey
Subprime accounts made up a growing number of new accounts opened in the third quarter of 2022, according to a recent Scholaroo survey.
Personal loan interest rates continue to edge up for all terms
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Can the Federal Reserve keep raising interest rates?
After a year of rising interest rates, the Federal Reserve is expected to change course at its next meeting.
Today’s lowest mortgage rate? 10-year terms at 6.625 percent | August 22, 2023
Check out the mortgage purchase rates for August 22, 2023, which are mostly unchanged from yesterday.
Gen Xers face alarming retirement shortfall, study says
The typical Gen X household has saved less than what is needed to finance a secure retirement, according to a study from the National Institute on Retirement Savings.
Gas prices fire up as summer draws to a close: AAA
The national average price for a gallon of gas increased this week despite a decrease in oil prices, AAA reported. But severe weather could have a major impact on gas prices in the weeks to come.
Biden forges ahead with new student loan forgiveness repayment plan after clearing legal hurdle
President Joe Biden can move ahead with a new income-driven repayment plan that will forgive as much as $39 billion of student loans after a judge dismissed a legal challenge to the plan earlier this week.
Today’s lowest mortgage rates? Shorter terms hold the biggest savings | August 16, 2023
Check out the mortgage rates for August 16, 2023, which are largely unchanged from yesterday.
Today’s mortgage rates are rising, use shorter terms to save the most | August 14, 2023
Check out the mortgage rates for August 14, 2023, which are largely trending up from Friday.