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.
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.
Consumers were thrifty with their spending in 2023, but major purchases like homes and vehicles are expected to rise in 2024.
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.
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.
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.
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.
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.
Borrowers who miss student loan payments will see repercussions again by September, thankfully there are forgiveness options.
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.
Gas prices are up from last month, but down $0.29 compared to last year.
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.
The child tax deduction expansion would make more of the credit refundable, helping millions of families.
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.
“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.
Your tax refund could be bigger this year – here's why
Americans might get a fatter tax refund this year. Here's why.
Americans might get a fatter tax refund this year. Here's why.
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.
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.
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.
Inflation and climate change lend to higher homeowners insurance rates, causing some homeowners to consider moving.
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.
After Toledo, Rochester, NY, Springfield, MA and Worcester all rank as some of the more affordable metro areas, particularly for first-time buyers.
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.
The Department of Education said an inflation fix to FAFSA won’t come until mid-March, further delaying financial aid award notifications.
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.
On top of a new IRS tax filing system, an adjustment to the child tax credit may qualify families for higher credits.
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.
Insurance rates are rising for customers as insurers struggle to deal with claim payouts.
Bread market expected to skyrocket, make big gains by 2027
A research firm predicts that the global bread market will gain $118.37 billion in value by 2027.
A research firm predicts that the global bread market will gain $118.37 billion in value by 2027.
Great wealth transfer is underway in US — to women
A McKinsey & Company study released in 2020 found women are set to control much of the unprecedented $30 trillion in assets held by baby boomers by the end of the decade.
A McKinsey & Company study released in 2020 found women are set to control much of the unprecedented $30 trillion in assets held by baby boomers by the end of the decade.
Federal Reserve on track to cut rates this year: What it means for you
Experts have begun forecasting when interest rates may start easing from the strictest levels in two decades. Here’s what they’re saying and what it means for everyday Americans.
Experts have begun forecasting when interest rates may start easing from the strictest levels in two decades. Here’s what they’re saying and what it means for everyday Americans.
These 5 cities have the largest inflation problem: survey
Buyers are more optimistic about homebuying as average monthly mortgage payments drop to their lowest level in years.
Buyers are more optimistic about homebuying as average monthly mortgage payments drop to their lowest level in years.