Here's how much money Americans have to make to feel rich, according to survey
A new survey reveals that few Americans are making the kind of money they feel they need to live comfortably or be considered rich.
A new survey reveals that few Americans are making the kind of money they feel they need to live comfortably or be considered rich.
Here's how much debt the average consumer has, and where it's the worst
Researchers analyzed credit reports in the 100 largest U.S. metropolitan areas to show where consumers have the highest balances.
Researchers analyzed credit reports in the 100 largest U.S. metropolitan areas to show where consumers have the highest balances.
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.
A recent study shows that in 2023, fathers earned 31% more than mothers, underscoring the persistent "motherhood penalty" in the workforce.
More than 40% of Americans have no clue what a 401k is, survey finds
More than one-third of respondents confessed to not knowing the term “interest” in a financial context.
More than one-third of respondents confessed to not knowing the term “interest” in a financial context.
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.
Mortgage rates dropped to 6.87% for 30-year mortgages, but homebuying sentiment also decreased.
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.
Medical debt often informs lender decisions, so removing these debts from credit reports can help borrowers qualify for more financing.
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.
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.
Rhode Island has the highest car accident costs, here are the other states with high costs
Drivers are struggling to deal with high car repair costs, with Rhode Island, Georgia and Connecticut facing the highest costs.
Drivers are struggling to deal with high car repair costs, with Rhode Island, Georgia and Connecticut facing the highest costs.
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.
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.
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.
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.
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.
New Freddie Mac product would help homeowners tap their home equity without losing their existing low-rate first mortgages.
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.
Thanks to stable oil prices and little change in demand, gas prices are continuing to fall.
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.
Inflation remained relatively unchanged in May, according to the latest inflation report. Here's what that means for interest rates.
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.
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.
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.
BNPL lenders must now follow the federal Truth in Lending Act (TILA) and Regulation Z rules that apply to credit cards, the CFPB said.
These US cities have the biggest inflation problems, study finds
High inflation continues to impact the economy, and these cities are feeling it the most.
High inflation continues to impact the economy, and these cities are feeling it the most.
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.
Shopping rates for new auto insurers climbed in January and February 2024, rebounding from a dip in the previous quarter.
Gas prices to keep dropping as motorists plan Fourth of July road trips: AAA
The national average cost for a gallon of gas was $3.48, a significant eight-cent dip from the previous week.
The national average cost for a gallon of gas was $3.48, a significant eight-cent dip from the previous week.
Mortgage rates fall but only slightly as home prices continue rising
Home prices may still be up, but mortgage rates dipped down to just below 7% this week.
Home prices may still be up, but mortgage rates dipped down to just below 7% this week.
U.S. economy adds 272,000 jobs in May, but unemployment rate rises to 4%
The latest reports show companies hiring more people in May than anticipated, despite continuing inflation and high interest rates. While the economy is still growing, there are ongoing concerns.
The latest reports show companies hiring more people in May than anticipated, despite continuing inflation and high interest rates. While the economy is still growing, there are ongoing concerns.