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.

Biden’s student loan forgiveness: A timeline of legal challenges facing the plan

Here’s a timeline of the legal challenges facing President Joe Biden’s student loan debt forgiveness plan, from the first lawsuit to the Nov. 14 injunction.

Digital mortgages to enter a new, faster (and cheaper) era in year ahead

As the housing market slows, lenders will look to use more time investing in technology and making mortgages faster, easier and cheaper, according to one mortgage expert.

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.

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.

Student loan refund checks on their way to millions: Here's what to do if you don't benefit

As Biden’s student loan forgiveness program faces legal battles, refund checks are being sent to borrowers who paid down their loans during the pandemic payment pause.

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.

Biden administration relaxes rules for student debt forgiveness

Education Secretary Miguel Cardona called it a “monumental step" that will make it faster and simpler to get debt relief.