Mortgage rates expected to rise amid economic volatility: Realtor.com
Despite a recent decrease in mortgage rates, economic pressure could elevate rates for the near term, according to an analysis by Realtor.com. But homebuyers may find some solace in overall lower home prices, stronger negotiating power and smaller down payments, another report suggests.
Gas prices drop despite rising demand, tighter supply: AAA
Gas prices decreased this week to $3.49 per gallon, AAA reported. And prices could hold steady as the price of oil remains low, despite a rise in demand for gas.
US home values fell $2.3 trillion in 2022, but homeowners still benefiting from pandemic era gains: Redfin
The total value of U.S. homes was $45.3 trillion at the end of 2022, down 4.9% from a record high of $47.7 trillion in June – the most significant June-to-December drop in percentage terms since 2008, according to Redfin.
Gas prices hold steady despite market turmoil: AAA
The national average cost for a gallon of gas held steady at $3.46, even as oil prices plunged to levels not seen since August 2021, AAA said.
Gas prices increase, but the tide may change: AAA
Gas prices increased for the week ending March 9, 2023. But global oil costs, low demand and other factors may lead to a drop in gas prices.
Half of Americans say they're financially worse than last year: survey
Half of Americans say they are worse off financially than they were a year ago, according to a new poll. Here’s how to manage your budget in any economy.
How to buy a home with a low credit score
Several loan options are available for homebuyers with poor or fair credit. Here's what to expect when buying a home with a low credit score.
Americans feeling most pessimistic about financial future since 2010, survey shows
Just 31% of Americans expect their personal financial situation to improve over the next year.
The Fed is expected to raise its interest rate hikes this year
The Fed is expected to increase its interest rate hikes after recently slowing down the pace. Fed Chair Jerome Powell told a Senate panel that the central bank may keep raising rates in light of stubborn inflation and a growing economy. Here’s how to deal with high-interest debt under any economic condition.
How to pay off $10,000 in credit card debt
If you’re carrying thousands of dollars in credit card debt, learn about these potential solutions.
Student loan forgiveness: Supreme Court hears cases on Biden’s debt relief plan
The Supreme Court will hear two cases against President Biden’s student loan forgiveness plan on Tuesday. Here's what you need to know about the lawsuits.
Supreme Court student loan case: The arguments explained
The Supreme Court is about to hear arguments over President Joe Biden’s student debt relief plan, which impacts millions of borrowers who could see their loans wiped away or reduced.
Can you get student loan forgiveness if you refinance?
If you have federal student loans, refinancing may not be in your best interest right now.
Rising inflation pushed Americans to pick between paying their bills or saving for the future: Allianz
Continued market volatility in the U.S. economy caused many Americans to report that they had to cut down on saving for the future, according to a recent Allianz survey.
Private student loan interest rates tumble for 10-year fixed-rate loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Credit card delinquency rates for new users were higher than for those with established credit
Credit card delinquency rates have been trending higher for new credit users, according to a TransUnion report. High inflation and a volatile interest rate environment may cause delinquency rates to increase in the U.S. in 2023. Here’s how to pay down high-interest debt quickly.
Many Americans need second income to afford student loan payments without Biden's forgiveness plan: Survey
Fifty-five percent of Americans with student loan debt said they would have to work a second job to pay off loans, according to Cleo's survey on student debt forgiveness.
Retirees lost 10 percent of their savings in 2022, survey says
Inflation and market volatility has had a significant impact on retirees' savings, research shows. Here’s what you need to know.
Today's mortgage rates hold steady across all terms for third straight day | Feb. 14, 2023
Check out the mortgage rates for Feb. 14, 2023, which are unchanged from yesterday.
Home prices forecasted to plunge, but US expected to avoid a repeat of 2008 financial crisis: Fannie Mae
Fannie Mae's latest economic forecast predicted home prices will drop by over 6% in the next two years but said the U.S. market is in good shape to weather the decline.