Mortgage rates dip below 7 percent as the housing outlook brightens for 2024: Freddie Mac
The average 30-year fixed-rate mortgage was 6.95% for the week ending Dec. 14, according to Freddie Mac's latest Primary Mortgage Market Survey.
The average 30-year fixed-rate mortgage was 6.95% for the week ending Dec. 14, according to Freddie Mac's latest Primary Mortgage Market Survey.
Gas prices on downward slide, further price drops likely: AAA
A downward trend in national gas prices persists ahead of holiday travel. Tepid demand and a low cost for oil are bringing drivers relief at the pump, according to AAA.
A downward trend in national gas prices persists ahead of holiday travel. Tepid demand and a low cost for oil are bringing drivers relief at the pump, according to AAA.
Here's who may qualify for $10,000 in student debt relief under Biden's new forgiveness plan
The Biden administration has taken the next step toward its plan B for student loan forgiveness after the U.S. Supreme Court struck down its first debt forgiveness attempt.
The Biden administration has taken the next step toward its plan B for student loan forgiveness after the U.S. Supreme Court struck down its first debt forgiveness attempt.
Americans need extra $11K to afford same standard of living in 2021, Republican analysis finds
A new analysis has revealed how much more money Americans need now to meet the cost of living standards seen in 2021– prior to a rise in inflation.
A new analysis has revealed how much more money Americans need now to meet the cost of living standards seen in 2021– prior to a rise in inflation.
Social Security: COLA increasing but Medicare costs rising too in 2024
Social Security checks are increasing next year thanks to the annual cost of living adjustments (COLA). However, the standard monthly cost of Medicare Part B will increase by $9.80, or 6%, to $174.70 in 2024, according to the Centers for Medicare and Medicaid Services (CMS).
Social Security checks are increasing next year thanks to the annual cost of living adjustments (COLA). However, the standard monthly cost of Medicare Part B will increase by $9.80, or 6%, to $174.70 in 2024, according to the Centers for Medicare and Medicaid Services (CMS).
Student loan payments render the holidays unaffordable for many: survey
Student loan repayments will make the season unaffordable for many Gen Z and millennials this year, according to a recent Credit Karma survey.
Student loan repayments will make the season unaffordable for many Gen Z and millennials this year, according to a recent Credit Karma survey.
Consumers plan to increase spending this holiday season: survey
Shoppers across all income levels plan to spend more this year for the holiday, a recent Deloitte survey said.
Shoppers across all income levels plan to spend more this year for the holiday, a recent Deloitte survey said.
Fed may not be done with interest rate hikes – Here's how that could impact your debt
Federal Reserve Chairman Jerome Powell said that the progress made on moderating inflation has been gratifying but that there was still a long way to go to bring it to a 2% target rate.
Federal Reserve Chairman Jerome Powell said that the progress made on moderating inflation has been gratifying but that there was still a long way to go to bring it to a 2% target rate.
IRS delays $600 payment reporting rule for Venmo, Cash App and other payment apps
The IRS announced on Tuesday that it will delay implementing its $600 tax reporting requirement that was to take effect for the 2023 tax filing season.
The IRS announced on Tuesday that it will delay implementing its $600 tax reporting requirement that was to take effect for the 2023 tax filing season.
Social Security reform would restore full benefits to public workers
Reform to provisions designed to even the playing field between workers who paid Social Security and public sector workers who don't but benefit from a pension program could cost as much as $150 billion.
Reform to provisions designed to even the playing field between workers who paid Social Security and public sector workers who don't but benefit from a pension program could cost as much as $150 billion.
Mortgage rates dip further and could be the break homebuyers need: Freddie Mac
The average 30-year fixed-rate mortgage was 7.44% for the week ending Nov. 16, according to Freddie Mac's latest Primary Mortgage Market Survey.
The average 30-year fixed-rate mortgage was 7.44% for the week ending Nov. 16, according to Freddie Mac's latest Primary Mortgage Market Survey.
Alarming number of Americans fall deeper into credit card debt each month: survey
Americans owe more than $5,000 in credit card debt on average and in times of high inflation and rising interest rates, they are relying on credit cards more than ever before. But there are ways to pay off debt quickly.
Americans owe more than $5,000 in credit card debt on average and in times of high inflation and rising interest rates, they are relying on credit cards more than ever before. But there are ways to pay off debt quickly.
Retirement savings are getting sucked up in a financial vortex: Goldman Sachs
U.S. workers have upped their retirement savings, but competing spending continues to challenge most from reaching their goals, a recent Goldman Sachs Asset Management (GSAM) retirement report said.
U.S. workers have upped their retirement savings, but competing spending continues to challenge most from reaching their goals, a recent Goldman Sachs Asset Management (GSAM) retirement report said.
Gas prices’ steady decline might gain momentum as holidays approach: AAA
Nationwide gas prices continue to fall as demand likely remains flat. The steady decline could accelerate following recent drops in the price of oil, according to AAA.
Nationwide gas prices continue to fall as demand likely remains flat. The steady decline could accelerate following recent drops in the price of oil, according to AAA.
Study: Long-term care costs the most in these US states
The study found that nursing home care costs an average of $108,405 annually.
The study found that nursing home care costs an average of $108,405 annually.
Back-to-office mandates are pushing some Americans to sell homes at a loss
Back-to-office mandates are pushing many home sellers to close quickly, Redfin reported. This could open up the market to many homebuyers amid low housing availability and high home prices. Here’s what you need to know.
Back-to-office mandates are pushing many home sellers to close quickly, Redfin reported. This could open up the market to many homebuyers amid low housing availability and high home prices. Here’s what you need to know.
Report: You would need to earn six figures to afford a median-priced home in the US
The Associated Press reported that home sales continue to decline but prices continue to climb.
The Associated Press reported that home sales continue to decline but prices continue to climb.
Child care costs are highest in these cities, data reveals
Child care costs in the United States have risen over 30% since 2019, new data by Bank of America shows.
Child care costs in the United States have risen over 30% since 2019, new data by Bank of America shows.
GDP surges past expectations in Q3, recession less likely
An uptick in consumer spending helped the U.S. economy grow in the third quarter and increased the odds of a soft landing.
An uptick in consumer spending helped the U.S. economy grow in the third quarter and increased the odds of a soft landing.
Halloween spending will hit a new record but consumers weary of inflation's impact: report
Americans plan to spend a record $12.2 billion on Halloween this year, beating last year's blowout of $10.6 billion, according to a report by the National Retail Federation (NRF).
Americans plan to spend a record $12.2 billion on Halloween this year, beating last year's blowout of $10.6 billion, according to a report by the National Retail Federation (NRF).