Job growth keeps Fed's eye on future interest rate hikes
Job growth held steady with an addition of 339,000 jobs in May, according to the latest Bureau of Labor Statistics (BLS) data. But a strong labor market could mean the Fed will keep raising interest rates, experts said.
Today's mortgage best deal? Rates for 10- and 15-year terms at 5.625% | June 2, 2023
Check out mortgage rates for June 2, 2023, which are mixed from yesterday.
Debt ceiling deal suspends student loan payment pause
The most recent debt ceiling deal would end the federal student loan payment pause after Aug. 30. But Biden’s student loan forgiveness plan is still under review by the Supreme Court. Here’s what you need to know.
Personal loan interest rates continue to climb
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Today's mortgage rates fall, pulling 15-year terms down to 5.625% | June 1, 2023
Check out the mortgage rates for June 1, 2023, which are largely trending down from yesterday.
These two factors could be driving your car insurance costs up
Your safe driving record isn't the only thing your auto insurers are looking at when it comes to determining rate – they are also factoring in your credit score and where you live, a recent report said.
More students turning to federal and private student loans to finance college: survey
Forty-six percent of respondents said they planned to use federal student loans to finance a college degree, a 3% increase from 2019, according to a College Ave survey.
Today's best mortgage rate? 10-year terms at 6% | May 31, 2023
Check out the mortgage rates for May 31, 2023, which are mixed from yesterday.
Debt ceiling default would batter housing market: Zillow
If the government fails to raise the debt ceiling, a default on its obligations could trigger a major drop in home sales, an increase in mortgage rates and a recession, according to a forecast by Zillow.
Homebuyers are finding better deals in these cities, survey says
Roughly 25% of home searchers looked to relocate to a new metro in the first quarter, according to a Redfin survey. But they may start seeing an uptick in inventory as sellers enter the housing market.
Personal loan interest rates edge up for 3- and 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Student loan refinance interest rates climb for 5- and 10-year loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
Today's best mortgage rate? 10- and 15-year terms hold steady as lowest | May 30, 2023
Check out the mortgage rates for May 30, 2023, which are mixed from Friday.
Consumer demand for new cars and homes is why a modest recession is possible: Fannie Mae
Fannie Mae has forecasted a recession in 2023 since last April and said the tightening in credit lending would likely lead to slower future business investment this year.
Your home may not be insurance ready for an active hurricane season, survey says
Homeowners worry about hurricanes more than almost any other extreme weather event, behind only earthquakes, but may not be adequately insured for the damages these storms do to homes, according to a National Association of Mutual Insurance Companies (NAMIC)survey.
Some Americans say they need to win the lottery to afford a house: Zillow
Most Americans still think the dream of homeownership is realistic, but many say they'd have to win the lottery to afford it, according to a recent Zillow survey.
Gas prices heat up ahead of Memorial Day weekend: AAA
Ahead of Memorial Day weekend, the national average cost for a gallon of gas increased to $3.57 for the week ending May 25, AAA reported.
Today’s mortgage rates are mixed, but 10- and 15-year terms stay low | May 26, 2023
Check out the mortgage rates for May 26, 2023, which are mixed from yesterday.
Mortgage rates rise as debt limit impasse lingers: Freddie Mac
The average rate for a 30-year fixed-rate mortgage increased to 6.57% for the week ending May 25, according to Freddie Mac's Primary Mortgage Market Survey.
US first quarter GDP estimate revised upwards on second reading
The second estimate for real gross domestic product (GDP) in the first quarter of 2023 showed that U.S. economic growth was stronger than previously projected, according to the Bureau of Economic Analysis (BEA).