Freddie Mac proposes product to help homeowners tap home equity without losing record low mortgage rates
New Freddie Mac product would help homeowners tap their home equity without losing their existing low-rate first mortgages.
New Freddie Mac product would help homeowners tap their home equity without losing their existing low-rate first mortgages.
Inflation levels remain unchanged in May, brings 2 percent target into focus
Thanks to stable oil prices and little change in demand, gas prices are continuing to fall.
Thanks to stable oil prices and little change in demand, gas prices are continuing to fall.
Inflation levels remain unchanged in May, brings 2 percent target into focus
Inflation remained relatively unchanged in May, according to the latest inflation report. Here's what that means for interest rates.
Inflation remained relatively unchanged in May, according to the latest inflation report. Here's what that means for interest rates.
50 percent of Americans saving for college don't know about a 529 savings plan: survey
Despite the many advantages 529 savings plans provide, many Americans are not using them as part of the education saving strategy, a recent Edward Jones survey said.
Despite the many advantages 529 savings plans provide, many Americans are not using them as part of the education saving strategy, a recent Edward Jones survey said.
Buy now, pay later products to be treated like credit cards, CFPB says
BNPL lenders must now follow the federal Truth in Lending Act (TILA) and Regulation Z rules that apply to credit cards, the CFPB said.
BNPL lenders must now follow the federal Truth in Lending Act (TILA) and Regulation Z rules that apply to credit cards, the CFPB said.
These US cities have the biggest inflation problems, study finds
High inflation continues to impact the economy, and these cities are feeling it the most.
High inflation continues to impact the economy, and these cities are feeling it the most.
Soaring insurance rates drive auto insurance shopping rates higher: report
Shopping rates for new auto insurers climbed in January and February 2024, rebounding from a dip in the previous quarter.
Shopping rates for new auto insurers climbed in January and February 2024, rebounding from a dip in the previous quarter.
Gas prices to keep dropping as motorists plan Fourth of July road trips: AAA
The national average cost for a gallon of gas was $3.48, a significant eight-cent dip from the previous week.
The national average cost for a gallon of gas was $3.48, a significant eight-cent dip from the previous week.
Mortgage rates fall but only slightly as home prices continue rising
Home prices may still be up, but mortgage rates dipped down to just below 7% this week.
Home prices may still be up, but mortgage rates dipped down to just below 7% this week.
Unemployment increased just slightly despite the US adding 272,000 jobs
Over 270,000 jobs were added in May, yet the unemployment rate still rose, fueling economic concerns.
Over 270,000 jobs were added in May, yet the unemployment rate still rose, fueling economic concerns.
71 percent of Americans waiting on interest rate cuts before hunting for homes: survey
Sixty-seven percent of Americans still dream of owning a home, but 71% said they are waiting for mortgage rates to drop before entering the market, according to a recent BMO Financial survey.
Sixty-seven percent of Americans still dream of owning a home, but 71% said they are waiting for mortgage rates to drop before entering the market, according to a recent BMO Financial survey.
Borrowers urged to apply for Navient's private student loan forgiveness
The Project on Predatory Student Lending (PPSL) launched a campaign to raise awareness of Navient's discharge program for certain borrowers seeking relief because their school lied to them.
The Project on Predatory Student Lending (PPSL) launched a campaign to raise awareness of Navient's discharge program for certain borrowers seeking relief because their school lied to them.
The 10 cheapest new cars in 2024
Nissan, Kia, Hyundai and Mitsubishi dominate Cars.com's list of the cheapest new cars.
Nissan, Kia, Hyundai and Mitsubishi dominate Cars.com's list of the cheapest new cars.
Gas prices dropped by more than they have all year as after-holiday demand dips
Decreasing oil prices and less demand has caused a sizeable drop in gas prices this week.
Decreasing oil prices and less demand has caused a sizeable drop in gas prices this week.
Q1 GDP revised down on lackluster consumer spending
Real GDP increased at an annual rate of 1.3% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate.
Real GDP increased at an annual rate of 1.3% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate.
Social Security has a 'billionaire problem,' advocate warns
Social Security benefits will be cut significantly in 2035 without a fix. Here's what advocates say we can do to prevent that.
Social Security benefits will be cut significantly in 2035 without a fix. Here's what advocates say we can do to prevent that.
New construction still popular as most Americans believe it’s a bad time to buy an existing home
New builds increased by 21.2% compared to March of last year, with the South seeing a higher rates of new construction permits.
New builds increased by 21.2% compared to March of last year, with the South seeing a higher rates of new construction permits.
Biden extends time frame to get credit toward student loan forgiveness
Interest rates are up and student loan forgiveness isn't really finalized yet, making for turbulent loan market as we enter into presidential policies.
Interest rates are up and student loan forgiveness isn't really finalized yet, making for turbulent loan market as we enter into presidential policies.
This is the staggering amount homeowners spend on costs besides their mortgage
Some 28% of homeowners said they've considered going back to renting.
Some 28% of homeowners said they've considered going back to renting.
McDonald's menu hikes: McDouble up 168%, McChicken 200% in 10 years
McDonald's customers are shocked by nearly tripled prices over the past decade, with the McDouble up 168% and the McChicken Sandwich up 199%, driven by higher food, labor, and operational costs.
McDonald's customers are shocked by nearly tripled prices over the past decade, with the McDouble up 168% and the McChicken Sandwich up 199%, driven by higher food, labor, and operational costs.