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.
Today's best mortgage deal? 10-year terms at 5.625 percent | June 29, 2023
Check out the mortgage rates for June 29, 2023, which are largely trending down from yesterday.
Fed may tighten financial rules after US bank failures, Powell says
The collapse of Silicon Valley Bank, Signature Bank and First Republic Bank exposed different vulnerabilities that the Fed will likely address through new regulations.
Caution: boomerang kids could be bad for parents' financial health, survey says
Forty-one percent of parents said they have a so-called boomerang child currently living at home with them, according to a recent survey by asset manager Thrivent.
Mortgage rates continue to rise today, but 10-year terms remain lowest | June 28, 2023
Check out the mortgage rates for June 28, 2023, which are mixed from yesterday.
'I fell into my chair': Iowa couple wins $2M Powerball prize after losing home in tornado
A tornado destroyed the couple's home in 2001, and it took several years for them to start to rebuild.
Here's how to prepare to pay back your student loans once the pandemic payment freeze ends
The Supreme Court may strike down President Joe Biden's student loan plan, which would erase $10,000 in federal student loan debt for those with incomes below $125,000 a year or households that earn less than $250,000.
Here's where homes face the biggest risk for natural disaster
Some areas, including places in Florida, have high-risk exposure to home damage from hurricanes and other natural disasters. But many homes aren’t equipped to withstand these events, according to a survey. Upgrading your home can protect it while saving you money on home insurance.
Today's lowest mortgage rate? 10-year terms at 5.625 percent amid rising rates | June 27, 2023
Check out the mortgage rates for June 27, 2023, which are trending up from yesterday.
Americans say they will need $1.27 million to retire comfortably, study finds
The new report sheds light on financial aspirations and concerns people have planning for life after working.
Cash App issue causes some to be double charged, company says
Cash App said it was notifying customers who were double charged the amount of their transaction and would refund anyone impacted by the issue.
States weigh charging by the mile as fuel taxes plummet
States have relied on gas taxes for more than a century to maintain the nation's roads
Biden vows to bring high-speed internet access to all Americans by 2030
President Joe Biden says high-speed internet is no longer a luxury but rather an “absolute necessity."
Skyrocketing car insurance costs push some drivers to forgo coverage
Drivers paid more for insurance in 2023 than they did the year before and many are considering doing without, according to a recent Policygenius survey.
Today's lowest mortgage rate? 10-year terms at 5.625 percent | June 20, 2023
Check out the mortgage rates for June 20, 2023, which are mixed from Friday.
Powell expects more Fed rate hikes because of persistently high inflation
Chair Jerome Powell reiterated that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy’s service sector and the surprisingly tight job market.
Used car prices soar as demand for limited inventory grows, report says
Used car prices have softened recently but remain significantly higher than before the COVID-19 pandemic, according to a recent Edmunds report.
Here's why BNPL providers are becoming more selective on who qualifies for zero-interest loans
Signs are emerging that BNPL providers have had to slow down lending and become more selective to turn a profit in the current tighter lending environment, according to a Wall Street Journal report.
Home prices increased 70 percent more than rent costs: study
Home prices have exceeded what Americans pay for rent in most major cities, according to one report. But, there are still places where you can save by purchasing a home. Here’s what you need to know.
Student loan repayments could slam big-name retailers this fall
Target and Nordstrom, especially, face a potential big hit when student loan payments resume this fall.