Record home price appreciation to continue in 2022, economist says: What it could mean for first-time buyers

Home prices rose significantly in 2021, and now one economist is predicting this appreciation will continue into 2022. Homeowners stand to gain the most from the continued price increases.

What is a limited cash-out refinance and how does it work?

A limited cash-out refinance loan can lower your interest rate, shorten your loan term and provide you with up to $2,000 in cash. Learn more.

What is a home equity line of credit and how does it work?

A home equity line of credit (HELOC) can allow you to tap into your home equity to cover just about any expense. Find out how it works.

‘Disappointing’ jobs report won’t slow interest rate hikes, experts say

The December jobs report came in lower than expected. However, experts explain why the Fed is still likely to raise interest rates in the first quarter of 2022.

16 of the best jobs for college students

Learn about 16 of the best jobs for college students, whether you want to work remotely, on campus or off campus.

Mortgage rates surge to highest level since May 2020

Mortgage interest rates increased at the start of 2022 as the market prepares for the Fed's rate hikes in the next few months.

3 student loan changes in 2022 that borrowers should know about

The new year brings a slew of changes for student loan borrowers, including the return to federal student loan repayment.

Here's what the housing market will look like in 2022, according to an expert

Home sales are expected to increase as supply begins to meet demand, which is good news for consumers who are considering buying a home in 2022.

Bank of America cuts overdraft fees

Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.

Financial guru Dave Ramsey's tips on becoming a millionaire
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Baby Steps Millionaire is the name of a new book by financial guru Dave Ramsey. He joined Good Day Chicago on Tuesday to share his tips on becoming a millionaire.

Is there a statute of limitations on student loan debt?

If you’ve defaulted on student loans, it’s important to understand the student loan statute of limitations to avoid potential legal issues. Learn more.

Pandemic money lessons to take to heart in 2022
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Bobbi Rebell, personal finance expert at Tally, joins Good Day Chicago to dish out helpful financial advice gleaned from the pandemic.

Program to help low-income Illinoisans extended another year

Low-income taxpayers across Illinois who have outstanding fines won’t have money taken from their state income tax returns, officials announced.

Schumer escalates pressure on Biden to cancel student loans in 2022

The Senate majority leader has called on the Biden administration to cancel student loans in a series of Twitter posts over the past several weeks. While some borrowers have qualified for a loan discharge through the PSLF program, most debtors haven't yet benefited from forgiveness.

3 things borrowers should know about the extended student loan payment pause

The pause on federal student loan payments has been extended from February until May, giving borrowers an additional 90 days to prepare for student loan repayment. Here are 3 things federal student loan borrowers should keep in mind.