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Personal Finance

Stories related to personal finance.

Fathers earned 31% more in annual wages than mothers in 2023, study finds

Fathers earned 31% more in annual wages than mothers in 2023, study finds

A recent study shows that in 2023, fathers earned 31% more than mothers, underscoring the persistent "motherhood penalty" in the workforce.

June 26, 2024 2:31pm PDT
Mortgage rates drop for third week in a row, but home buyers remain reluctant

Mortgage rates drop for third week in a row, but home buyers remain reluctant

Mortgage rates dropped to 6.87% for 30-year mortgages, but homebuying sentiment also decreased.

June 21, 2024 1:40pm PDT
Medical debt may come off credit reports soon, helping Americans qualify for more financial products

Medical debt may come off credit reports soon, helping Americans qualify for more financial products

Medical debt often informs lender decisions, so removing these debts from credit reports can help borrowers qualify for more financing.

June 20, 2024 5:16pm PDT
Most student loan borrowers will struggle to pay at some point: survey

Most student loan borrowers will struggle to pay at some point: survey

Only 33% of borrowers are repaying student loan debt and 1 in 2 seek relief under an income-driven repayment plan or want outright forgiveness.

June 20, 2024 5:02pm PDT
Millennials most likely to unlock low mortgage rate to move: Freddie Mac

Millennials most likely to unlock low mortgage rate to move: Freddie Mac

Millennials are among the generational segments that have locked in on low mortgage rates, but life circumstances are more likely to pressure this group to unlock low rates to move, a recent Freddie Mac report said.

June 18, 2024 1:07pm PDT
Mortgage rates on the decline while applications rise: Freddie Mac

Mortgage rates on the decline while applications rise: Freddie Mac

The average 30-year fixed-rate mortgage was 6.95% for the week ending June 13, according to Freddie Mac's latest Primary Mortgage Market Survey.

June 17, 2024 4:05pm PDT
Freddie Mac proposes product to help homeowners tap home equity without losing record low mortgage rates

Freddie Mac proposes product to help homeowners tap home equity without losing record low mortgage rates

New Freddie Mac product would help homeowners tap their home equity without losing their existing low-rate first mortgages.

June 17, 2024 2:05pm PDT
Inflation levels remain unchanged in May, brings 2 percent target into focus

Inflation levels remain unchanged in May, brings 2 percent target into focus

Thanks to stable oil prices and little change in demand, gas prices are continuing to fall.

June 14, 2024 4:46pm PDT
Inflation levels remain unchanged in May, brings 2 percent target into focus

Inflation levels remain unchanged in May, brings 2 percent target into focus

Inflation remained relatively unchanged in May, according to the latest inflation report. Here's what that means for interest rates.

June 13, 2024 10:38am PDT
50 percent of Americans saving for college don't know about a 529 savings plan: survey

50 percent of Americans saving for college don't know about a 529 savings plan: survey

Despite the many advantages 529 savings plans provide, many Americans are not using them as part of the education saving strategy, a recent Edward Jones survey said.

June 12, 2024 5:06pm PDT
Buy now, pay later products to be treated like credit cards, CFPB says

Buy now, pay later products to be treated like credit cards, CFPB says

BNPL lenders must now follow the federal Truth in Lending Act (TILA) and Regulation Z rules that apply to credit cards, the CFPB said.

June 12, 2024 4:56pm PDT
Soaring insurance rates drive auto insurance shopping rates higher: report

Soaring insurance rates drive auto insurance shopping rates higher: report

Shopping rates for new auto insurers climbed in January and February 2024, rebounding from a dip in the previous quarter.

June 10, 2024 5:18pm PDT
The 10 cheapest new cars in 2024

The 10 cheapest new cars in 2024

Nissan, Kia, Hyundai and Mitsubishi dominate Cars.com's list of the cheapest new cars.

June 3, 2024 3:19pm PDT
Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac

Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac

The average 30-year fixed-rate mortgage was 7.03% for the week ending May 30, according to Freddie Mac's latest Primary Mortgage Market Survey.

May 31, 2024 11:25am PDT
Social Security recipients will get one less payment in June – here's why

Social Security recipients will get one less payment in June – here's why

Here's why some Social Security recipients will miss a payment in June.

May 31, 2024 9:47am PDT
Q1 GDP revised down on lackluster consumer spending

Q1 GDP revised down on lackluster consumer spending

Real GDP increased at an annual rate of 1.3% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate.

May 30, 2024 4:48pm PDT
Home prices not budging, hit new high in March: Case-Shiller

Home prices not budging, hit new high in March: Case-Shiller

Home prices are now 6.5% above their level this time last year, reaching their ninth all-time high within the past year, according to S&P CoreLogic Case-Shiller.

May 30, 2024 10:58am PDT
Social Security has a 'billionaire problem,' advocate warns

Social Security has a 'billionaire problem,' advocate warns

Social Security benefits will be cut significantly in 2035 without a fix. Here's what advocates say we can do to prevent that.

May 30, 2024 9:57am PDT
Home insurance rates have surged nearly 40% since 2019 – but they're rising fastest in these states

Home insurance rates have surged nearly 40% since 2019 – but they're rising fastest in these states

Rising home insurance premiums are the latest squeeze on homeownership.

May 30, 2024 6:01am PDT
This is the staggering amount homeowners spend on costs besides their mortgage

This is the staggering amount homeowners spend on costs besides their mortgage

Some 28% of homeowners said they've considered going back to renting.

May 26, 2024 7:43am PDT
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Santa Monica shuts down sober living home; Neighbors fear it could reopen

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LA City delays vote on Palisades Fire fee waivers, bringing some survivors to tears

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Pastor at a church in Torrance accused of trying to meet with minor for sex

Pastor at a church in Torrance accused of trying to meet with minor for sex

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