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.
Private student rates continue to rise for 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
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.
Student loan interest payments axed under new legislative bill
A new bill seeks to eliminate interest payments on existing student loans and use payment on principal balance to fund the federal program.
Housing market to provide a "downside cushion" for US economy: Fannie Mae
Fannie Mae said it continued to expect a modest recession beginning in the fourth quarter of this year or the first quarter of 2024, but a strong housing market would provide a "downside cushion."
Today’s biggest mortgage sayings? 10-year terms at 6.375% | August 15, 2023
Check out the mortgage purchase rates for August 15, 2023, which are unchanged from yesterday.
These are the cheapest states for car insurance, study says
Florida saw the most significant increase in insurance premiums over the last 10 years, rising by 88% since 2013, according to a study by car subscription provider FINN.
Americans over age 55 plan to delay retirement: survey
Nearly two-thirds of working Americans who are at least 55 years old said they’ll delay retirement, a survey found. And those saving for retirement are doing so in a time of stubborn inflation and recession fears.
Student loan refinance interest rates continue to spike for 10-year loans only
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
Personal loan interest rates continue to spike for 3- and 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
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.
More homes sold over the asking price this homebuying season: Case-Shiller
Although home prices across the U.S. fell by 0.5% annually in May, on a monthly basis, prices increased by 1.2%, according to the S&P CoreLogic Case-Shiller Indices report
Gas prices hold steady near the summer finish line: AAA
The average price for a gallon of gas was unmoved over the past week, AAA reported. But an increase in oil prices could spike what consumers pay at the pump, even as they deal with record-high vehicle financing costs.
Today’s lowest mortgage rates? Shorter terms in the lower 6% range | August 11, 2023
Check out the mortgage rates for August 11, 2023, which are mixed from yesterday.
Mortgage rates teeter toward 7% with no relief in sight: Freddie Mac
The average 30-year fixed-rate mortgage increased to 6.96% for the week ending August 10, according to Freddie Mac.
Inflation climbs above 3%, giving Fed fuel for further interest rate hikes this year
July inflation rose above the annual inflation rate of 3% in June, putting the prospect of Federal Reserve interest rate cuts further in the distance.
Personal loan interest rates spike for 3- and 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Today’s lowest mortgage rates? Consider today's shorter terms | August 10, 2023
Check out the mortgage purchase rates for August 10, 2023, which are largely unchanged from yesterday.
Credit card debt surpasses $1 trillion for Americans: NY Fed
Credit card debt increased to a record high in the second quarter as total household debt reached $17.06 trillion. And the Fed’s interest rate hikes to lower inflation could impact what consumers pay for credit. But there are multiple ways to pay off high-interest debt.
Homebuyers flock to these hurricane-vulnerable cities despite higher insurance costs, report says
Intense storms are becoming more frequent in Florida due to climate change, but homebuyers are still flocking to the state, according to a recent Redfin report.