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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
The national average cost for a gallon of gas increased by two cents from last week to $3.09, according to AAA.
Biden just shortened the timeline to student loan forgiveness for these borrowers
Borrowers already enrolled in SAVE who initially took out $12,000 or less for college may have their loans forgiven soon.
Borrowers already enrolled in SAVE who initially took out $12,000 or less for college may have their loans forgiven soon.
Just over 15 percent of home listings were considered affordable in 2023: Redfin
Just 15.5% of homes are considered affordable for everyday homebuyers, the lowest share on record.
Just 15.5% of homes are considered affordable for everyday homebuyers, the lowest share on record.
Home buyers struggle in 2023, but homeownership rate could rise in 2024
Housing inventory was low in 2023, but homeownership stayed steady at 66%. The rate could see an increase in 2024.
Housing inventory was low in 2023, but homeownership stayed steady at 66%. The rate could see an increase in 2024.
73 percent of Americans still haven’t bounced back financially from the COVID-19 pandemic
Americans struggle to meet basic costs, with 73% reporting they haven't yet recovered financially from the fallout of COVID-19.
Americans struggle to meet basic costs, with 73% reporting they haven't yet recovered financially from the fallout of COVID-19.
IRS waiving $1 billion in penalty taxes, will kick off 2024 tax season on Jan. 29
The 2024 tax season gets officially underway at the end of January and some taxpayers could see tax penalties waived, the IRS said.
The 2024 tax season gets officially underway at the end of January and some taxpayers could see tax penalties waived, the IRS said.
Gas prices stay low at the start of the new year: AAA
Gas prices fell slightly at the start of 2024 even as insurance premiums continue to rise.
Gas prices fell slightly at the start of 2024 even as insurance premiums continue to rise.
Nearly 70 percent of Americans are reviewing their insurance policy, looking for lower rates: Trusted Choice
70% of Americans are reviewing their policies to save money as homeowners and auto insurance rates skyrocket.
70% of Americans are reviewing their policies to save money as homeowners and auto insurance rates skyrocket.