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More student loan forgiveness is on the horizon, as U.S. colleges commit to cost transparency

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.

February 15, 2024 8:17pm EST
Homebuyers feel good about where mortgage rates are headed: Fannie Mae

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.

February 15, 2024 6:53pm EST
Tax Season: When can you start filing your taxes? When will you receive your tax refund?

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.

February 15, 2024 4:39pm EST
Inflation rises higher than expected, further obscuring the timeline on the Fed's interest rate cuts

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.

February 14, 2024 8:54pm EST
Nearly 89 percent of U.S. homeowners with mortgages have interest rate below 6 percent: Redfin

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.

February 14, 2024 8:38pm EST
Consumers bought more secondhand items in 2023, but major purchases are back for 2024

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.

February 14, 2024 7:33pm EST
Dating app requires users to have credit score of 675 or above to join

Dating app requires users to have credit score of 675 or above to join

The dating app is only "for people with good credit," the company says. Users can't see others' scores, but the information is used to qualify a potential user for the app.

February 14, 2024 6:51am EST
Millennials are desperate to buy a home, most willing to pay a mortgage rate above 7 percent: survey

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.

February 13, 2024 3:39pm EST
U.S. raises are trending down this year as the job market cools

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.

February 12, 2024 5:23pm EST
Missed student loan payments set to affect credit scores again by the end of 2024: Here’s how to prepare

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.

February 12, 2024 4:49pm EST
Gas and oil prices are on the rise as warm weather brings more demand

Gas and oil prices are on the rise as warm weather brings more demand

Gas prices are up from last month, but down $0.29 compared to last year.

February 9, 2024 6:27pm EST
House passes $78 billion tax bill expanding the child tax credit, its fate in the Senate remains to be seen

House passes $78 billion tax bill expanding the child tax credit, its fate in the Senate remains to be seen

The child tax deduction expansion would make more of the credit refundable, helping millions of families.

February 9, 2024 6:19pm EST
Most parents of adult kids are giving them financial help, study shows

Most parents of adult kids are giving them financial help, study shows

“Among parents who say they helped their children financially in the past year, 36% say doing so has hurt their personal financial situation at least some," Pew writes.

February 9, 2024 11:21am EST
Your tax refund could be bigger this year – here's why

Your tax refund could be bigger this year – here's why

Americans might get a fatter tax refund this year. Here's why.

February 9, 2024 9:52am EST
How attacks in the Red Sea are cramping global trade; what it means for retailers

How attacks in the Red Sea are cramping global trade; what it means for retailers

The cost to ship a standard 40-foot container from China to northern Europe has jumped from $1,500 to $4,000, according to the Kiel Institute for the World Economy in Germany.

February 8, 2024 3:01pm EST
2023 was the hottest year on record, driving up utility costs and homeowners insurance prices

2023 was the hottest year on record, driving up utility costs and homeowners insurance prices

Inflation and climate change lend to higher homeowners insurance rates, causing some homeowners to consider moving.

February 8, 2024 2:17pm EST
This is the #1 city for first-time homebuyers, and other hot US housing markets

This is the #1 city for first-time homebuyers, and other hot US housing markets

After Toledo, Rochester, NY, Springfield, MA and Worcester all rank as some of the more affordable metro areas, particularly for first-time buyers.

February 8, 2024 1:19pm EST
FAFSA inflation fix scheduled for mid-March, delays award notification until spring

FAFSA inflation fix scheduled for mid-March, delays award notification until spring

The Department of Education said an inflation fix to FAFSA won’t come until mid-March, further delaying financial aid award notifications.

February 7, 2024 8:24pm EST
12 states qualify for the IRS Direct File pilot program: Is yours one of them?

12 states qualify for the IRS Direct File pilot program: Is yours one of them?

On top of a new IRS tax filing system, an adjustment to the child tax credit may qualify families for higher credits.

February 7, 2024 8:17pm EST
Social inflation causing insurance rates to jump, no end in sight for rising premiums in 2024

Social inflation causing insurance rates to jump, no end in sight for rising premiums in 2024

Insurance rates are rising for customers as insurers struggle to deal with claim payouts.

February 7, 2024 4:56pm EST
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