Today's best mortgage deal? 15-year terms at lowest rate since last week | May 12, 2023
Check out mortgage rates for May 12, 2023, which are trending down from yesterday.
What to know: US approved over $42 billion in loan forgiveness for public service workers
The U.S. has approved more than $42 billion in federal student loan debt forgiveness for more than 615,000 borrowers over the past 18 months.
Inflation ticks up again in April, puts interest rate hikes back on the table
The Consumer Price Index (CPI), a measure of inflation, rose 4.9% year-over-year in April, a slowdown from the 5% increase in March, according to the Bureau of Labor Statistics (BLS).
Today's mortgage rates fall, keeping 15-year terms as the day's lowest | May 11, 2023
Check out the mortgage rates for May 11, 2023, which are trending down from yesterday.
Today's best mortgage deal? 15-year terms maintain highest savings | May 10, 2023
Check out the mortgage rates for May 10, 2023, which are mixed from yesterday.
Auto insurers plan further rate increases this year – Here's how you can get costs under control
Progressive and Allstate have already signaled that they plan to keep increasing their auto insurance rates this year.
Today's best mortgage deal? 15-year terms are still below 6 percent | May 9, 2023
Check out the mortgage rates for May 9, 2023, which are trending up from yesterday.
Inflation and interest rate hikes are negatively impacting Americans' financial well-being: survey
Inflation and interest rate hikes have negatively impacted Americans' financial well-being and many have made no progress in saving for retirement or building emergency funds, according to a survey by Morning Consult. Here’s what you need to know.
Gas prices drop amid recession fears, pre-summer lull: AAA
Gas prices decreased last week, but rising interest rates have raised concerns of a recession, according to AAA.
Today's mortgage rates inch up, but 10- and 15-year terms stay below 6 percent | May 8, 2023
Check out the mortgage rates for May 8, 2023, which are largely trending up from Friday.
Job growth shows resilience in April but also signs of softening
The economy added 253,000 jobs in April, an increase from the previous month but slower than the average gain of 290,000 in the last six months, according to the latest employment report from the Bureau of Labor Statistics (BLS).
Today's best mortgage deal? 15-year terms hit lowest rate since mid-April | May 5, 2023
Check out the mortgage rates for May 5, 2023, which are trending down from yesterday.
Personal loan interest rates edge down for 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Fed doubles down on the fight against inflation, raises rates another 25 basis points
The Federal Reserve announced another 25 basis point interest rate increase bringing the federal funds rate to a targeted range of 5% to 5.25%, the highest level in 15 years.
Here’s why consumers' credit scores got a boost in March: Report
Consumer credit scores increased from last year to an average of 701, and the percentage of consumers scored in the subprime credit
Today's biggest mortgage rate decrease? 30-year terms plummet | May 3, 2023
Check out the mortgage rates for May 3, 2023, which are trending down from yesterday.
Today's mortgage rates are rising, but 15-year terms are below 6 percent | May 2, 2023
Check out the mortgage rates for May 2, 2023, which are trending up from yesterday.
Bank deposits fell by more than $76 billion
Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.
Biden asks student loan companies to prepare for end to payment pause
The Education Department has notified student loan servicers to prepare for an end to the COVID-19 student loan payment pause.
Today's best mortgage deal? Back to 15-year terms | May 1, 2023
Check out the mortgage rates for May 1, 2023, which are mixed from Friday.