Fannie Mae, Freddie Mac to back mortgages over $1M
The FHFA announced higher mortgage loan limits surpassing $1 million, giving borrowers access to larger loan amounts without taking out a jumbo mortgage.
The FHFA announced higher mortgage loan limits surpassing $1 million, giving borrowers access to larger loan amounts without taking out a jumbo mortgage.
Supreme court to hear arguments on Biden's student loan forgiveness plan next year
The Supreme Court will rule over the legality of Biden's student loan forgiveness plan, but private loan borrowers won't qualify if it gets approved. Here's what to do if you can't get student loan relief.
The Supreme Court will rule over the legality of Biden's student loan forgiveness plan, but private loan borrowers won't qualify if it gets approved. Here's what to do if you can't get student loan relief.
What can investors do to recoup from crypto crash?
The recent collapse of crypto exchange FTX has created a massive ripple effect, some even calling for digital currency to be regulated. Investment expert Dion Pouncil explains what you can do if you invested in crypto.
The recent collapse of crypto exchange FTX has created a massive ripple effect, some even calling for digital currency to be regulated. Investment expert Dion Pouncil explains what you can do if you invested in crypto.
New property tax increases hit Hispanic wards hardest in Chicago
Most Cook County property owners will see a larger tax bill this year, but owners in gentrifying Latino neighborhoods in Chicago will see some of the biggest hikes.
Most Cook County property owners will see a larger tax bill this year, but owners in gentrifying Latino neighborhoods in Chicago will see some of the biggest hikes.
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.
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.
States issue inflation-relief payments, including Illinois and Indiana
States are also offering expanded tax credits.
States are also offering expanded tax credits.
Illinois and Indiana issue inflation-relief payments
States are also offering expanded tax credits.
States are also offering expanded tax credits.
Biden administration notifying borrowers they are approved for student loan forgiveness
Despite legal challenges, the Biden administration is notifying borrowers that they are approved for student loan forgiveness.
Despite legal challenges, the Biden administration is notifying borrowers that they are approved for student loan forgiveness.
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.
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).
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.
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.
Inflation won't slow holiday shopping for many consumers, survey says
Rising costs have led many consumers to cut their expenses to make room for holiday spending in 2022, a recent survey said.
Rising costs have led many consumers to cut their expenses to make room for holiday spending in 2022, a recent survey said.
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.
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.
Tips for not accruing debt during this holiday season
Personal finance expert Anthony O'Neal dishes out tips for avoiding debt this holiday season.
Personal finance expert Anthony O'Neal dishes out tips for avoiding debt this holiday season.
Personal loan interest rates continue to rise for 3- and 5-year fixed-rate loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
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.
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.
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.
A federal appeals court extended its block on President Biden's student loan forgiveness plan. Here's what that means for you.
Cryptocurrency market shake-up rattles investors: Here's what you need to know
Joshua Peck, founder of TrueCode Capital, talks about the state of cryptocurrency and takes a look at what the future holds.
Joshua Peck, founder of TrueCode Capital, talks about the state of cryptocurrency and takes a look at what the future holds.
82% of millennials worry about financially supporting their aging parents
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.
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.