Biden cancels $1.2 billion in student loans for borrowers enrolled in SAVE
The first batch of student debt cancellations under the SAVE plan is underway as President Joe Biden announced $1.2 billion in student loan forgiveness six months ahead of schedule.
No relief for seniors as big drop forecasted for Social Security COLA
Early estimates for Social Security benefits and cost of living adjustments are low as inflation slows, but seniors struggle to make ends meet.
Nearly 40% of Americans say they are behind on monthly bills: survey
The survey by LendingTree suggests that many people in the U.S. may still be struggling amid ongoing, high inflation.
Existing housing supply builds as homeowners with sub 6 percent mortgage rates return
The share of mortgages with a rate below 6% has fallen from last year's record high, indicating that some homeowners have given up their lower rate to move, according to a recent Redfin report.
Chase customers sue bank over 'predatory' fees on bounced checks
The customers say the fees are “junk fees” and the actions by the bank are “predatory.”
1 in 5 homeowners thinking of selling in the near future: Zillow
Certain states are seeing an uptick in listing as more homeowners are considering selling.
Student loan borrowers facing financial hardship may qualify for Biden’s new round of debt relief
Student loan borrowers dealing with serious financial hardship may qualify for Biden's new round of student loan forgiveness.
Poll: Most Americans feel they overpay on their taxes
A majority of U.S. taxpayers feel they pay too much in taxes, with many saying that they receive a poor value in return.
Some student loan borrowers are boycotting payments, but the risk is high: survey
Six in 10 student loan borrowers have missed payments since the student loan payment pause ended in October after a 42-month payment and interest accrual pause, a recent Intelligent.com survey said.
Gas prices jolted up by 12 cents as Indiana oil refinery remains closed: AAA
A shutdown oil refinery has led to a large increase in gas prices across the country.
US Department of Education supports colleges and students amid FAFSA delays
The U.S. Department of Education is stepping in to support colleges in sending out financial aid awards sooner to students after an inflation fix to the new FAFSA form delayed the timeline.
More student loan forgiveness is on the horizon, as U.S. colleges commit to cost transparency
Over 360 colleges have committed to being more transparent about their costs, while the U.S. Department of Education offers more loan forgiveness.
Homebuyers feel good about where mortgage rates are headed: Fannie Mae
Fannie Mae survey said that homebuyers feel better about mortgage rates but still don't think now is a good time to buy a home.
Tax Season: When can you start filing your taxes? When will you receive your tax refund?
The 2024 tax season is officially underway, which means it's time to get your paperwork in order.
Inflation rises higher than expected, further obscuring the timeline on the Fed's interest rate cuts
Inflation slowed from December to January, but remained above the sub-3% growth economists had expected, according to the Consumer Price Index.
Nearly 89 percent of U.S. homeowners with mortgages have interest rate below 6 percent: Redfin
Over 88% of home loan borrowers have mortgage rates below 6% or 5%, leaving current rates still on the high end.
Consumers bought more secondhand items in 2023, but major purchases are back for 2024
Consumers were thrifty with their spending in 2023, but major purchases like homes and vehicles are expected to rise in 2024.
Millennials are desperate to buy a home, most willing to pay a mortgage rate above 7 percent: survey
Affordability challenges aside, 78% of millennial respondents in a recent Real Estate Witch survey still believe in the dream of homeownership.
U.S. raises are trending down this year as the job market cools
Employers are planning to raise wages by 4%, on average this year, higher than 2021, but lower than 2023.
Missed student loan payments set to affect credit scores again by the end of 2024: Here’s how to prepare
Borrowers who miss student loan payments will see repercussions again by September, thankfully there are forgiveness options.