US Postal Service raising stamp prices Sunday
The USPS requested mailing price hikes earlier this year, citing inflation.
Monthly mortgage payments reach record highs in US
The median monthly payment for home purchase loans jumped 14.1% in May to an all-time high $2,165.
Biden administration announces SAVE plan after SCOTUS student loan decision
The White House announced SAVE, a new income-driven student loan repayment plan and other initiatives following the Supreme Court's decision to strike down widespread student loan forgiveness.
Today’s best mortgage deal? 10-year terms remain at 6.12 percent | July 7, 2023
Check out the mortgage rates for July 7, 2023, which are largely unchanged from yesterday.
Mortgage rates inch to the highest level so far this year: Freddie Mac
The average 30-year fixed-rate mortgage increased to 6.81% for the week ending July 6, according to Freddie Mac's latest Primary Mortgage Market Survey.
Today’s lowest mortgage rates? 10-year terms at 6.125 percent | July 6, 2023
Check out the mortgage rates for July 6, 2023, which are mixed from yesterday.
Americans are giving less to charity, poll finds
Over 55% of those who stopped giving say they don’t earn enough to afford donating to charity.
Subprime-rated consumers have less access to credit – Here's how to improve your score
Subprime-rated consumers may have fewer borrowing options to deal with unexpected costs as lenders tighten access to credit to this group in favor of more consumers with higher credit scores, a VantageScore report said.
Today’s best mortgage savings? Shorter terms have the lowest rates | July 5, 2023
Check out the mortgage rates for July 5, 2023, which are mixed from Monday.
Walgreens expects to close 150 US stores, CFO says
The store closings are expected to happen by 2024 in a cost-saving effort by the company.
Biden offers alternative student debt relief plan following Supreme Court ruling
President Joe Biden is offering an alternative student debt plan designed to ease borrowers’ threat of default if they fall behind on their payments.
Student loan forgiveness struck down: Here's what that means for you
The Supreme Court has ruled the Biden administration overstepped its authority in trying to cancel or reduce student loan debt, effectively killing the $400 billion plan.
Supreme Court strikes down Biden's student loan forgiveness plan – what's next?
The U.S. Supreme Court held that the Biden administration needs to have Congress’ backing for the costly student loan forgiveness plan and rejected arguments that the HEROES Act of 2003 gave Biden the authority he claimed.
While today’s mortgage rates rise, shorter terms hold lowest rates | June 30, 2023
Check out the mortgage rates for June 30, 2023, which are trending up from yesterday.
Borrowers may see credit scores change once federal student loan payments resume
Resuming the payments on student loans means that a large percentage of nearly 40 million Americans who have not made payments on their federal student loans in the past three years may see some changes in their credit scores, according to the VantageScore report.
Today's best mortgage deal? 10-year terms at 5.625 percent | June 29, 2023
Check out the mortgage rates for June 29, 2023, which are largely trending down from yesterday.
Fed may tighten financial rules after US bank failures, Powell says
The collapse of Silicon Valley Bank, Signature Bank and First Republic Bank exposed different vulnerabilities that the Fed will likely address through new regulations.
Caution: boomerang kids could be bad for parents' financial health, survey says
Forty-one percent of parents said they have a so-called boomerang child currently living at home with them, according to a recent survey by asset manager Thrivent.
Mortgage rates continue to rise today, but 10-year terms remain lowest | June 28, 2023
Check out the mortgage rates for June 28, 2023, which are mixed from yesterday.
'I fell into my chair': Iowa couple wins $2M Powerball prize after losing home in tornado
A tornado destroyed the couple's home in 2001, and it took several years for them to start to rebuild.