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Personal Finance

No relief for seniors as big drop forecasted for Social Security COLA

No relief for seniors as big drop forecasted for Social Security COLA

Early estimates for Social Security benefits and cost of living adjustments are low as inflation slows, but seniors struggle to make ends meet.

February 22, 2024 7:19pm EST
Nearly 40% of Americans say they are behind on monthly bills: survey

Nearly 40% of Americans say they are behind on monthly bills: survey

The survey by LendingTree suggests that many people in the U.S. may still be struggling amid ongoing, high inflation.

February 22, 2024 4:52pm EST
1 in 5 homeowners thinking of selling in the near future: Zillow

1 in 5 homeowners thinking of selling in the near future: Zillow

Certain states are seeing an uptick in listing as more homeowners are considering selling.

February 21, 2024 7:59pm EST
Student loan borrowers facing financial hardship may qualify for Biden’s new round of debt relief

Student loan borrowers facing financial hardship may qualify for Biden’s new round of debt relief

Student loan borrowers dealing with serious financial hardship may qualify for Biden's new round of student loan forgiveness.

February 21, 2024 7:31pm EST
Some student loan borrowers are boycotting payments, but the risk is high: survey

Some student loan borrowers are boycotting payments, but the risk is high: survey

Six in 10 student loan borrowers have missed payments since the student loan payment pause ended in October after a 42-month payment and interest accrual pause, a recent Intelligent.com survey said.

February 20, 2024 7:55pm EST
Mortgage interest rates jumped up this week, along with prices: Freddie Mac

Mortgage interest rates jumped up this week, along with prices: Freddie Mac

Mortgage interest rates for 30-year mortgages rose to 6.77% this week, up from 6.64% last week.

February 16, 2024 6:51pm EST
US Department of Education supports colleges and students amid FAFSA delays

US Department of Education supports colleges and students amid FAFSA delays

The U.S. Department of Education is stepping in to support colleges in sending out financial aid awards sooner to students after an inflation fix to the new FAFSA form delayed the timeline.

February 16, 2024 3:55pm 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
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
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
Homeowners’ monthly mortgage payments dropped to lowest rate in years

Homeowners’ monthly mortgage payments dropped to lowest rate in years

Buyers are more optimistic about homebuying as average monthly mortgage payments drop to their lowest level in years.

February 5, 2024 2:06pm EST
US home prices hit a new record high in November

US home prices hit a new record high in November

US home prices rise again in November as inventory shortage persists

January 31, 2024 6:10pm EST
US fourth quarter GDP beats expectations and recession odds

US fourth quarter GDP beats expectations and recession odds

Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.

January 25, 2024 5:54pm EST
Homeowners insurance rates on the rise, mainly due to increase in natural disasters

Homeowners insurance rates on the rise, mainly due to increase in natural disasters

Homeowners insurance rates on the rise across the country, with climate change being a contributing factor.

January 3, 2024 1:40pm EST
Here's how you can make your 2024 financial goals a reality

Here's how you can make your 2024 financial goals a reality

Higher living costs are why Americans think it will be more challenging to meet financial goals next year, but many are taking steps to make sure they don't miss the mark, a recent survey said.

January 2, 2024 5:54pm EST
These are the 5 states with the highest and lowest student loan debt balances

These are the 5 states with the highest and lowest student loan debt balances

The most populated states in the country tend to have the highest student loan balances, while the least populated tend to have the lowest balances.

January 2, 2024 5:38pm EST
These are the most affordable cities to buy a home in 2024: Realtor.com

These are the most affordable cities to buy a home in 2024: Realtor.com

Realtor.com released the top 100 ranking metros for 2024, including affordable markets in the Northeast and Midwest such as Toledo, Ohio, and Rochester, New York, alongside several Southern California markets.

December 19, 2023 2:30pm EST
Mortgage rates dip below 7 percent as the housing outlook brightens for 2024: Freddie Mac

Mortgage rates dip below 7 percent as the housing outlook brightens for 2024: Freddie Mac

The average 30-year fixed-rate mortgage was 6.95% for the week ending Dec. 14, according to Freddie Mac's latest Primary Mortgage Market Survey.

December 15, 2023 7:26pm EST
Here's who may qualify for $10,000 in student debt relief under Biden's new forgiveness plan

Here's who may qualify for $10,000 in student debt relief under Biden's new forgiveness plan

The Biden administration has taken the next step toward its plan B for student loan forgiveness after the U.S. Supreme Court struck down its first debt forgiveness attempt.

December 11, 2023 5:27pm EST
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