Fed delivers fourth 75 basis point rate hike, may soon slow pace
A widely anticipated 75 basis point interest rate hike was announced by the Federal Reserve on Wednesday.
A widely anticipated 75 basis point interest rate hike was announced by the Federal Reserve on Wednesday.
Housing market will lead us into a recession, and will lead us out: MBA forecast
While the housing market could bring the economy into a recession next year, it could also bring it out, economists at the Mortgage Bankers Association (MBA) conference said.
While the housing market could bring the economy into a recession next year, it could also bring it out, economists at the Mortgage Bankers Association (MBA) conference said.
Personal loan interest rates at near-record gap with credit cards, boosting savings opportunity
The interest rate on personal loans is much lower than the one on credit cards, according to the Federal Reserve Bank of St. Louis. Here’s how you can use these lower interest rates to pay down debt.
The interest rate on personal loans is much lower than the one on credit cards, according to the Federal Reserve Bank of St. Louis. Here’s how you can use these lower interest rates to pay down debt.
Home prices to decline in 2023, recession ahead: Fannie Mae forecast
Fannie Mae forecasted that home prices will fall in 2023 and that GDP could contract once again at the end of this year. And while it predicted that a recession next year could be mild, it said there are still risks that could create a larger financial crisis.
Fannie Mae forecasted that home prices will fall in 2023 and that GDP could contract once again at the end of this year. And while it predicted that a recession next year could be mild, it said there are still risks that could create a larger financial crisis.
Mortgage rates reach highest level in two decades – but homebuyers can find relief, analyst says
High mortgage rates and inflation have led “to greater stagnation in the housing market,” Freddie Mac said.
High mortgage rates and inflation have led “to greater stagnation in the housing market,” Freddie Mac said.
Biden’s student loan forgiveness plan temporarily blocked by US appeals court
President Biden's student loan forgiveness has been placed on hold temporarily as Republicans argue against the debt cancellation in court.
President Biden's student loan forgiveness has been placed on hold temporarily as Republicans argue against the debt cancellation in court.
GDP increases in Q3 after months of decline: Here's what that means for you
GDP increased in the third quarter of 2022 following two consecutive decreases, but some experts have said it's not likely to last.
GDP increased in the third quarter of 2022 following two consecutive decreases, but some experts have said it's not likely to last.
Home price growth slips in August for fourth consecutive month: CoreLogic
Annual home price growth slowed in August for the fourth consecutive month, but still posted double-digit gains, according to CoreLogic. Here's how to tap into your equity gains.
Annual home price growth slowed in August for the fourth consecutive month, but still posted double-digit gains, according to CoreLogic. Here's how to tap into your equity gains.
Social Security increase 2023: What does it mean for retirees?
Social Security recipients will see the largest benefits increase in 40 years in 2023. Here’s what that means for your retirement savings plan.
Social Security recipients will see the largest benefits increase in 40 years in 2023. Here’s what that means for your retirement savings plan.
Good news: Student loan refinance rates edge down for 10-year fixed-rate loans
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.
FHFA to eliminate G-fees for some homebuyers
At the Mortgage Bankers Association’s (MBA) conference on Monday, the Federal Housing Finance Agency (FHFA) announced the elimination of added mortgage fees for some borrowers. Here's what that means for you.
At the Mortgage Bankers Association’s (MBA) conference on Monday, the Federal Housing Finance Agency (FHFA) announced the elimination of added mortgage fees for some borrowers. Here's what that means for you.
How to manage your finances without a credit card
Personal finance experts Dave Ramsey and George Kamel dish out three tips for living without a credit card.
Personal finance experts Dave Ramsey and George Kamel dish out three tips for living without a credit card.
Fed says inflation concerns remain, will continue raising rates
The Federal Reserve's September meeting minutes revealed that it's prepared to continue raising interest rates in the coming months but has its eye on the state of the current economy.
The Federal Reserve's September meeting minutes revealed that it's prepared to continue raising interest rates in the coming months but has its eye on the state of the current economy.
Housing market rebalance could mean bargains for buyers: report
The housing market may be tipping in favor of buyers, according to Knock.
The housing market may be tipping in favor of buyers, according to Knock.
Taxpayers may get bigger refunds for 2023 to help keep up with inflation
The IRS is increasing the standard deduction and tax bracket limits amid inflation.
The IRS is increasing the standard deduction and tax bracket limits amid inflation.
IRS inflation adjustment could lower your tax bill in 2023
The changes are meant to help Americans whose earnings haven’t kept up with the increased cost of living.
The changes are meant to help Americans whose earnings haven’t kept up with the increased cost of living.
Mortgage rates rise to highest level since 2022, driving down housing demand
Mortgage rates and 'lingering inflation, recession fears and housing affordability' are driving down demand for housing, Freddie Mac said.
Mortgage rates and 'lingering inflation, recession fears and housing affordability' are driving down demand for housing, Freddie Mac said.
Student loan borrowers can now apply to have debt forgiven — what to know
The website to apply to have student loan debt forgiven went live Friday night.
The website to apply to have student loan debt forgiven went live Friday night.
Website to apply for student loan debt forgiveness goes live
The website to apply to have student loan debt forgiven went live Friday night.
The website to apply to have student loan debt forgiven went live Friday night.
Social Security Administration to make substantial COLA increase in 2023, but is it enough for retirees?
The Social Security Administration announced a substantial increase for beneficiaries in 2023, marking the highest COLA increase in more than 40 years.
The Social Security Administration announced a substantial increase for beneficiaries in 2023, marking the highest COLA increase in more than 40 years.