Can you use a HELOC for a down payment?
If you need to borrow money for a down payment on a second home, you can use a HELOC to finance it. Keep reading to learn more.
Good news: Private student loan interest rates tumble for 5- and 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Advocacy groups call for student loan payment pause extension as forgiveness plan grinds to a halt
A federal appeals court’s block on student debt forgiveness has some advocacy groups calling for an extension to the payment pause, which was set to expire on Dec. 31.
Today’s best mortgage deal? 20-year rates are the lowest available at 6% | Nov. 16, 2022
Check out the mortgage rates for Nov. 16, 2022, which are mixed from yesterday.
Judge extends federal student loan forgiveness block
A federal appeals court extended its block on President Biden's student loan forgiveness plan. Here's what that means for you.
What first-time buyers should know about the costs of homeownership
Closing costs can add between 2% and 5% to the sale price of your home — but those aren’t the only homeownership costs you’ll need to consider. Learn more.
Today’s 30-year mortgage rates plunge more than a quarter point | Nov. 15, 2022
Check out the mortgage rates for Nov. 15, 2022, which are largely up from yesterday.
Growing number of retirees spending more than they can afford: survey — here’s how to save in retirement
More than a quarter (27%) of retirees are spending more than they can afford in 2022, according to a survey from the Employee Benefit Research Institute (EBRI).
Majority of Americans fear a recession is coming, survey says
The threat of a looming recession has caused many Americans to feel anxious over their financial stability, with many having said they've made changes to how they spend their money, a recent survey said.
Student loan refinance interest rates edge up for 5- and 10-year loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
Personal loan interest rates continue trending down for 3-year fixed-rate loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Today’s mortgage rates: Shorter terms offer borrowers best opportunity for interest savings | Nov. 14, 2022
Check out the mortgage rates for Nov. 14, 2022, which are largely up from last Friday.
Mortgage rates rise as Fed fights inflation: Freddie Mac
Rates for the 30-year mortgage increased again after a slight dip the week before following the Federal Reserve's recent announcement that it was raising rates again, according to Freddie Mac.
Mortgage amortization 101 for first-time homebuyers
Mortgage amortization describes where your monthly mortgage payment goes. To start, you pay mostly interest. Over time, you pay more principal. Learn more.
Texas federal judge blocks Biden's student loan forgiveness
Biden’s student loan relief program has been struck down by a judge in Texas. Here’s what to do to lower your monthly payments today.
Savings window opens: Today’s mortgage rates plummet across all terms | Nov. 11, 2022
Check out the mortgage rates for Nov. 11, 2022, which are down from yesterday.
Today’s 20-, 30-year mortgage refinance rates tumble to 6.25% | Nov. 11, 2022
Check out the mortgage refinancing rates for Nov. 11, 2022, which are down from yesterday.
October inflation dips to lowest level so far in 2022 — will it slow the Fed's next rate hike?
The Consumer Price Index (CPI), a measure of inflation, rose 7.7% annually in October, a slowdown from the 8.2% increase in September, according to the Bureau of Labor Statistics.
Fannie Mae's new rent reporting program helps renters build credit
Fannie Mae introduced a new rent reporting program that will allow renters to build credit and could open a path to homeownership.
How to make your first mortgage payment
Not sure how to make your first mortgage payment? Find out the common ways homeowners make their payments, plus the consequences if you miss one.