Fed minutes indicate interest rate increases may slow soon

The Federal Reserve said that reaching its target inflation rate of 2% is more important than the pace of rate hikes, signaling that it may begin to slow the pace of future interest rate increases.

Retiring too early could cost you $182,000 in benefits, study says

A new study says that virtually all American workers between 45 and 62 should wait beyond age 65 to collect their retirement benefits, and many should wait until 70.

Mortgage payments rise in October amid high mortgage rates: MBA

The national median monthly mortgage payment increased in October, according to a report from the Mortgage Bankers Association (MBA).

Holiday shopping expected to reach over $1 trillion as inflation surges

Holiday shopping is expected to increase by 7% to nearly $1.3 trillion, a new forecast says. Here’s how to stay on track with your finances this holiday season.

Biden administration extends student loan payment pause into 2023

The Biden administration’s federal student loan payment pause has been extended through June 30, 2023. Here’s what to do if you don’t qualify for relief.

Americans shopping for auto insurance to save money, TransUnion report

While auto insurance shopping is down overall, more Americans are looking for new insurance in order to reduce costs, rather than as a result of a car purchase, TransUnion’s report showed.

Household debt surpasses $16.5T in Q3 amid inflation, rising demand: NY Fed report

Total household debt increased by more than $300 billion across credit cards, mortgages and more in the second quarter of 2022, according to the latest New York Fed report. Here's what you can do if you're struggling with debt.

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.

82% of millennials worry about financially supporting their aging parents
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Richard Barrington, financial analyst for Credit Sesame, dishes out tips for Gen Z and millenials who are worried they won't have what it takes to financially support their aging parents.

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.

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.

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.