Today's best mortgage rates? 10-year terms at 5.625 percent remain lowest | July 18, 2023
Check out the mortgage rates for July 18, 2023, which are unchanged from yesterday.
Retirement account balances rise despite economic turmoil: Fidelity
401(k), IRA and 403(b) plan balances increased for the second straight quarter in Q1 2023, Fidelity Investments reported.
Loan delinquencies could be early sign of economic trouble: report
The troubling rise in delinquency comes amid heightened fears over a recession, with higher rates and increased price of goods putting strain on household budgets across the country.
Student loan scam attempts likely to rise after SCOTUS decision: FTC
Scammers are likely to start contacting borrowers, promising to help them repay their loans after SCOTUS struck down Biden’s student loan forgiveness plan, the FTC said. Here's how borrowers can protect themselves.
Looking for today's lowest mortgage rates? Try 10- or 15-year terms | July 13, 2023
Check out the mortgage rates for July 13, 2023, which are mixed from yesterday.
Student loan borrowers not ready to resume payments, unaware of options: survey
More than half of student loan borrowers said they don't feel financially ready to resume payments in 2023, even as the pause ends, according to the College Investor survey.
Looking to save? Today's best mortgage deal is 10-year terms at 6.125 percent | July 12, 2023
Check out the mortgage rates for July 12, 2023, which are largely unchanged from yesterday.
Biden announces new student loan forgiveness plan for borrowers making less than 125K
Under the Higher Education Act, the Biden administration is taking another shot at student loan forgiveness after SCOTUS struck down its plans.
Today’s best mortgage savings? 10-year terms at 6.125 percent | July 10, 2023
Check out the mortgage rates for July 10, 2023, which are mixed from Friday.
Biden administration announces SAVE plan after SCOTUS student loan decision
The White House announced SAVE, a new income-driven student loan repayment plan and other initiatives following the Supreme Court's decision to strike down widespread student loan forgiveness.
Today’s best mortgage deal? 10-year terms remain at 6.12 percent | July 7, 2023
Check out the mortgage rates for July 7, 2023, which are largely unchanged from yesterday.
Mortgage rates inch to the highest level so far this year: Freddie Mac
The average 30-year fixed-rate mortgage increased to 6.81% for the week ending July 6, according to Freddie Mac's latest Primary Mortgage Market Survey.
Today’s lowest mortgage rates? 10-year terms at 6.125 percent | July 6, 2023
Check out the mortgage rates for July 6, 2023, which are mixed from yesterday.
Subprime-rated consumers have less access to credit – Here's how to improve your score
Subprime-rated consumers may have fewer borrowing options to deal with unexpected costs as lenders tighten access to credit to this group in favor of more consumers with higher credit scores, a VantageScore report said.
Today’s best mortgage savings? Shorter terms have the lowest rates | July 5, 2023
Check out the mortgage rates for July 5, 2023, which are mixed from Monday.
Recession expected by end of 2023: Fannie Mae
A recession is likely in 2023, Fannie Mae forecasted. And the Fed may continue to raise interest rates after its June pause, despite projections that inflation will continue to cool.
Record number of Americans expected to travel this 4th of July: AAA
More than 50 million Americans may travel this 4th of July 2023 weekend, AAA reported. But with record travel expected, some times may be better to drive than others.
Supreme Court strikes down Biden's student loan forgiveness plan – what's next?
The U.S. Supreme Court held that the Biden administration needs to have Congress’ backing for the costly student loan forgiveness plan and rejected arguments that the HEROES Act of 2003 gave Biden the authority he claimed.
While today’s mortgage rates rise, shorter terms hold lowest rates | June 30, 2023
Check out the mortgage rates for June 30, 2023, which are trending up from yesterday.
Borrowers may see credit scores change once federal student loan payments resume
Resuming the payments on student loans means that a large percentage of nearly 40 million Americans who have not made payments on their federal student loans in the past three years may see some changes in their credit scores, according to the VantageScore report.