Student loan payment pause led to increased debt for some: study
The student loan payment pause enacted during the COVID-19 pandemic caused many borrowers to collect other forms of debt, according to a study. The president’s plan, which has been criticized by Congress, is under review by the Supreme Court.
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% 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.
Today's mortgage rates fall, pulling 10- and 15-year terms below 6% | June 16, 2023
Check out the mortgage rates for June 16, 2023, which are largely trending down from yesterday.
Fewer homes are selling, but they're selling fast: Redfin
Despite low inventory, the homes for sale are selling at a fast pace, according to a report by Redfin. Here’s what you need to know.
Mortgage rates drop following positive economic indicators: Freddie Mac
The average rate for a 30-year fixed-rate mortgage dropped to 6.69% for the week ending June 15, according to Freddie Mac's Primary Mortgage Market Survey.
This week, personal loan interest rates edge up for 3-year terms only
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Today's mortgage rates are mixed, though shorter terms have lower rates | June 15, 2023
Check out the mortgage rates for June 15, 2023, which are mixed from yesterday.
Legislative bill seeks to make expanded child tax credit permanent
House Democrats recently introduced the American Family Act of 2023, legislation that seeks to restore the expanded, monthly Child Tax Credit to parents across the U.S.
Fed hits pause on June interest rate increase, but forecast calls for additional hikes
The Federal Reserve did not increase rates in June, which means the federal funds rate will remain in a targeted range of 5% to 5.25%, the highest level in 16 years.
Private student loans continue to edge down for 5- and 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Today's lowest mortgage rates? Shorter terms remain below 6% | June 14, 2023
Check out the mortgage rates for June 14, 2023, which are mixed from yesterday.
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.
Inflation drops in May, but not enough to slow interest rate hikes
Inflation dropped in May, reaching nearly half of its peak last Summer. And while the decrease could cause the Fed to pause its rate hikes in June, the rate hikes could continue this year.
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.
Many Americans identify what will help them weather a financial crisis: Survey
Americans said that having a plan for their investments made them feel more confident that they could make the right investment decisions, even during extreme financial crises, according to a recent Nationwide survey.
Student loan refinance interest rates plunge for 5- and 10- year loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
Good news: Private student loan interest rates drop across 2 terms
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Average personal loan interest rates continue to decrease
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.