Housing market could tumble into a 'deep freeze' if US defaults on its debt
A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.
A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.
Fed's May interest rate hike could harm regional bank lending, mortgages, expert warns
The Federal Reserve's latest interest rate increase has been harmful to the balance sheets of small regional banks and has impacted their ability to lend, according to the National Association of Realtors.
The Federal Reserve's latest interest rate increase has been harmful to the balance sheets of small regional banks and has impacted their ability to lend, according to the National Association of Realtors.
Biden administration approves $42B in student loan forgiveness under updated PSLF program
The Department of Education has approved $42 billion in student loan forgiveness through recent changes to the PSLF program, designed to provide debt relief to borrowers in the non-profit, public service and governmental fields.
The Department of Education has approved $42 billion in student loan forgiveness through recent changes to the PSLF program, designed to provide debt relief to borrowers in the non-profit, public service and governmental fields.
Today's mortgage rates begin to rise, but 15-year terms are still low | May 15, 2023
Check out the mortgage rates for May 15, 2023, which are trending up from Friday.
Check out the mortgage rates for May 15, 2023, which are trending up from Friday.
Federal student loan repayments to restart, education secretary confirms
'We're preparing our borrowers to restart" federal student loan repayments, Education Secretary Miguel Cardona says.
'We're preparing our borrowers to restart" federal student loan repayments, Education Secretary Miguel Cardona says.
Inflation ticks up again in April, puts interest rate hikes back on the table
The Consumer Price Index (CPI), a measure of inflation, rose 4.9% year-over-year in April, a slowdown from the 5% increase in March, according to the Bureau of Labor Statistics (BLS).
The Consumer Price Index (CPI), a measure of inflation, rose 4.9% year-over-year in April, a slowdown from the 5% increase in March, according to the Bureau of Labor Statistics (BLS).
Today's mortgage rates fall, keeping 15-year terms as the day's lowest | May 11, 2023
Check out the mortgage rates for May 11, 2023, which are trending down from yesterday.
Check out the mortgage rates for May 11, 2023, which are trending down from yesterday.
Norfolk Southern to pay homeowners near Ohio train derailment
The company set up a fund for residents impacted by the derailment to cover the cost of any decline in their home values.
The company set up a fund for residents impacted by the derailment to cover the cost of any decline in their home values.
Cost-of-living concerns leading 40% of Gen Z to work multiple jobs: survey
The number of people working multiple full-time jobs hit an all-time high in August 2022.
The number of people working multiple full-time jobs hit an all-time high in August 2022.
Today's best mortgage deal? 15-year terms are still below 6 percent | May 9, 2023
Check out the mortgage rates for May 9, 2023, which are trending up from yesterday.
Check out the mortgage rates for May 9, 2023, which are trending up from yesterday.
Inflation and interest rate hikes are negatively impacting Americans' financial well-being: survey
Inflation and interest rate hikes have negatively impacted Americans' financial well-being and many have made no progress in saving for retirement or building emergency funds, according to a survey by Morning Consult. Here’s what you need to know.
Inflation and interest rate hikes have negatively impacted Americans' financial well-being and many have made no progress in saving for retirement or building emergency funds, according to a survey by Morning Consult. Here’s what you need to know.
Today's mortgage rates inch up, but 10- and 15-year terms stay below 6 percent | May 8, 2023
Check out the mortgage rates for May 8, 2023, which are largely trending up from Friday.
Check out the mortgage rates for May 8, 2023, which are largely trending up from Friday.
What is ‘cash stuffing’ and how does it work?
Here's what you need to know about the trendy "cash stuffing" trend.
Here's what you need to know about the trendy "cash stuffing" trend.
Airbnb renews push for renting single rooms costing average of $67 per night
The company said Wednesday that it's rolling out a new Airbnb Rooms offering in which guests share space with the owner.
The company said Wednesday that it's rolling out a new Airbnb Rooms offering in which guests share space with the owner.
Today's mortgage rates are rising, but 15-year terms are below 6 percent | May 2, 2023
Check out the mortgage rates for May 2, 2023, which are trending up from yesterday.
Check out the mortgage rates for May 2, 2023, which are trending up from yesterday.
Bank deposits fell by more than $76 billion
Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.
Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.
Biden asks student loan companies to prepare for end to payment pause
The Education Department has notified student loan servicers to prepare for an end to the COVID-19 student loan payment pause.
The Education Department has notified student loan servicers to prepare for an end to the COVID-19 student loan payment pause.
Today's best mortgage deal? Back to 15-year terms | May 1, 2023
Check out the mortgage rates for May 1, 2023, which are mixed from Friday.
Check out the mortgage rates for May 1, 2023, which are mixed from Friday.
First Republic Bank seized by regulators, sold to JPMorgan Chase
San Francisco-based First Republic is the third midsize bank to fail in two months and is the second-biggest bank failure in U.S. history.
San Francisco-based First Republic is the third midsize bank to fail in two months and is the second-biggest bank failure in U.S. history.
Former Apple employee ordered to serve jail time, pay restitution for fleecing the company
Dhirendra Prasad’s sentencing for two charges — conspiracy to commit mail fraud and wire fraud and conspiracy to defraud the U.S. — stemmed from an alleged plot that lost Apple over $17 million.
Dhirendra Prasad’s sentencing for two charges — conspiracy to commit mail fraud and wire fraud and conspiracy to defraud the U.S. — stemmed from an alleged plot that lost Apple over $17 million.