Fed holds steady on interest rates, but outlook on when cuts will come remains cloudy
The Federal Reserve held the federal funds rate at a 22-year high of 5.25% to 5.5% at its January meeting on Wednesday.
US home prices hit a new record high in November
US home prices rise again in November as inventory shortage persists
Many consumers carrying a credit balance know it's a bad idea: survey
Americans know better than to carry a balance, but many struggle with growing credit card debt, a recent survey said.
New student loan laws can help borrowers manage better in 2024
From helping student loan borrowers pay off debt and save for retirement to complete forgiveness, 2024 brings some hope for borrowers.
Homeowners moving across state lines, seeking affordability, find it in certain cities
More households are passing on costly cities, moving to lower-cost areas like Charlotte, Providence and Indianapolis.
Education Department plans inflation fix for new FAFSA
Families must wait longer to see how much student aid they are awarded for the upcoming college spring semester via FAFSA.
Gas prices remain stagnant as demand drops: AAA
Although prices are lower than they were last year at this time, they remain steady month over month.
Study: Gen Z, millennials are ‘obsessed’ with idea of being rich
The study found that nearly 60% of millennials said they feel behind financially, likely contributing to feelings of financial inadequacy.
30-year mortgage rate stabilizes in 6.6 percent range, draws buyers back: Freddie Mac
The average 30-year fixed-rate mortgage was 6.69% for the week ending Jan. 25, according to Freddie Mac's latest Primary Mortgage Market Survey.
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.
Biden cancels another $5 billion in student loan forgiveness – Here's who is impacted
The Biden Administration announced an additional $5 billion in student loan forgiveness that impacts borrowers using the income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF) plans.
When will the IRS send out tax refunds
The IRS says most taxpayers should expect their refund within 21 days of filing but it could take longer for some.
Social Security is coming for a bigger chunk of your paycheck
The portion of personal income subject to the Social Security tax has increased to $168,600 this year from $160,200 in 2023.
Read this before you sign up for a college credit card
Signing up for financial products your college is offering can sometimes be the worst deal, a recent CFPB report said.
Number of electric vehicles that qualify for new electric vehicle tax credit drops to 13
Only 13 electric vehicle models qualify for the full $7,500 credit, with Tesla and GM seeing the biggest hit.
Mortgage rates finally expected to dip below 6 percent in 2024, but affordability remains low
Mortgage rates are trending down, likely to go below 6% by the end of the year, but most housing still remains unaffordable to the average American.
Your significant other expects you to spend over $100 on Valentine's Day
Americans in relationships believe their partners expect them to spend an average of $157.52 on gifts this Valentine's Day, according to a recent Trustpilot survey.
New car purchases are on the rise, but there are insurance implications
Consumers are buying new vehicles more often with sales increasing by over 13% in 2023.
Mortgage rates drop to lowest level since last spring: Freddie Mac
With home prices and interest rates falling, the housing market is becoming slightly more affordable this year.
Gas prices climb higher as arctic winter weather impacts production: AAA
The national average cost for a gallon of gas increased by two cents from last week to $3.09, according to AAA.