Today’s biggest mortgage savings? 10-year terms at 6% | August 9, 2023
Check out the mortgage purchase rates for August 9, 2023, which are largely unchanged from yesterday.
Pandemic boost to consumer credit is quickly turning sour for some borrowers: Survey
A recent boost to the credit scores of some previously subprime-rated borrowers doesn't paint an accurate picture of payment behavior, according to a TransUnion report.
Some Americans drowning in credit card debt following the COVID-19 pandemic: survey
Post-pandemic, 35% of Americans said they are carrying their highest level of debt ever; 43% said their debt is close to or at a historic low, according to a Northwestern Mutual survey.
Today’s biggest mortgage savings? 10- and 15-year terms at 6.125% | August 8, 2023
Check out the mortgage rates for August 8, 2023, which are largely unchanged from yesterday.
Think tanks sue Biden for $39 billion student loan relief plan
The battle over student loan debt continues as a group of think tanks sues the Biden administration for it's latest $39 billion student loan forgiveness plan.
Some consumers max out credit cards without knowing how much they pay to borrow: Survey
Skyrocketing costs also pushed 51% of Americans to increase their reliance on credit cards and why balances have surged in that time period, according to a recent Debt.com survey.
Student loan refinance interest rates spike for 10-year loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
Personal loan interest rates plunge for 3- and 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
What are today's lowest mortgage rates? Look at today's shorter terms | August 7, 2023
Check out the mortgage rates for August 7, 2023, which are trending down from Friday.
More drivers spend $1000 a month on car payments, report says
The percentage of drivers spending upward of $1,000 a month on payments jumped to an all-time high of 17.1% in the second quarter, and drivers are spending an average of $733 on car notes, a recent Edmunds report said.
Job growth continues to decline as Fed eyes another rate hike
Employment increased by 187,000 jobs in July, indicating a slower increase from last month. But despite a slowing in job growth and inflation, the Fed may keep raising interest rates this year.
Looking for today's lowest mortgage rate? Try 15-year terms | August 4, 2023
Borrowers should act fast to lock in their preferred term, as interest rates are rapidly rising.
Gas prices spike, but could soon reverse course: AAA
The national average price of gas increased 11 cents per gallon for the week ending August 3, AAA reported. But Americans could soon see lower prices at the pump as summer draws to a close.
More than half of Gen Xers stopped saving for retirement, here's why: Survey
Many GenXers stopped saving for retirement because they couldn’t afford it, a Clever survey found. And about half have less than $100,000 saved for retirement. But there are many ways to save.
Mortgage rates inch toward new high and home prices rising too: Freddie Mac
The average 30-year fixed-rate mortgage increased to 6.9% for the week ending August 3, according to Freddie Mac's latest Primary Mortgage Market Survey.
Personal loan interest rates plunge 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 rate? 10-year terms at 6.125% | August 3, 2023
Check out the mortgage rates for August 3, 2023, which are mixed from yesterday.
401(k) participation rates reach all-time high: Vanguard
401(k) participation rates have reached 83% this year, Vanguard said.
Healthcare costs could exceed $150,000 for retired Medicare recipients: Fidelity
The typical 65-year-old retiree with Medicare could expect to spend $157,500 on healthcare costs in retirement.
Private student loan interest rates spike for 5- and 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.