Biden announces new student loan forgiveness plan for borrowers making less than 125K
Under the Higher Education Act, the Biden administration is taking another shot at student loan forgiveness after SCOTUS struck down its plans.
Today’s best mortgage savings? 10-year terms at 6.125 percent | July 10, 2023
Check out the mortgage rates for July 10, 2023, which are mixed from Friday.
Supreme Court strikes down Biden's student loan forgiveness plan – what's next?
The U.S. Supreme Court held that the Biden administration needs to have Congress’ backing for the costly student loan forgiveness plan and rejected arguments that the HEROES Act of 2003 gave Biden the authority he claimed.
Borrowers may see credit scores change once federal student loan payments resume
Resuming the payments on student loans means that a large percentage of nearly 40 million Americans who have not made payments on their federal student loans in the past three years may see some changes in their credit scores, according to the VantageScore report.
Today's best mortgage deal? 10-year terms at 5.625 percent | June 29, 2023
Check out the mortgage rates for June 29, 2023, which are largely trending down from yesterday.
Caution: boomerang kids could be bad for parents' financial health, survey says
Forty-one percent of parents said they have a so-called boomerang child currently living at home with them, according to a recent survey by asset manager Thrivent.
Mortgage rates continue to rise today, but 10-year terms remain lowest | June 28, 2023
Check out the mortgage rates for June 28, 2023, which are mixed from yesterday.
Here's where homes face the biggest risk for natural disaster
Some areas, including places in Florida, have high-risk exposure to home damage from hurricanes and other natural disasters. But many homes aren’t equipped to withstand these events, according to a survey. Upgrading your home can protect it while saving you money on home insurance.
Today's lowest mortgage rate? 10-year terms at 5.625 percent amid rising rates | June 27, 2023
Check out the mortgage rates for June 27, 2023, which are trending up from yesterday.
Skyrocketing car insurance costs push some drivers to forgo coverage
Drivers paid more for insurance in 2023 than they did the year before and many are considering doing without, according to a recent Policygenius survey.
Today's lowest mortgage rate? 10-year terms at 5.625 percent | June 20, 2023
Check out the mortgage rates for June 20, 2023, which are mixed from Friday.
Used car prices soar as demand for limited inventory grows, report says
Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.
Here's why BNPL providers are becoming more selective on who qualifies for zero-interest loans
Signs are emerging that BNPL providers have had to slow down lending and become more selective to turn a profit in the current tighter lending environment, according to a Wall Street Journal report.
Home prices increased 70 percent more than rent costs: study
Home prices have exceeded what Americans pay for rent in most major cities, according to one report. But, there are still places where you can save by purchasing a home. Here’s what you need to know.
CFPB warns about side effects of using medical credit cards, loans
Alternative debt financing products like medical credit cards and medical installment loans can weaken consumers' financial well-being, the CFPB warned in a recent report.
Student loan payments will resume in October, Education Department confirms
Federal student loan payments are set to resume in October, while interest on loan debt will begin once again in September, the Education Department clarified.
Financial professionals recommend investing your bonus in your 401(k): survey
Most financial professionals recommend you contribute your bonuses to your 401(k). But many Americans don’t get bonuses or have 401(k)s. Here’s what you can do.
Today's mortgage rates are mixed, but 10-year terms remain lowest | June 13, 2023
Check out the mortgage rates for June 13, 2023, which are mixed from yesterday.
Today's best mortgage deal? Rates for 10- and 15-year terms at 5.625 percent | June 12, 2023
Check out the mortgage rates for June 12, 2023, which are largely unchanged from Friday.
Credit card debt is at record high as Americans deal with inflation and rising costs: TransUnion
U.S. credit card balances increased 20% in the first quarter of 2023 compared to last year, a recent TransUnion report said.