Mortgage rates rise, add to affordability issues

The average rate for a 30-year fixed-rate increased to 6.39%. Higher rates and low housing supply is putting affordability constraints on would-be homebuyers. But there are still ways to find the best rate.

Home price growth continues to slow down: Fannie Mae

Home prices increased by 4.7% year-over-year in Q1 2023. However, that marked a significant slowdown from annual growth in the previous quarter. Still, low home supply and high mortgage rates have raised affordability issues for potential home buyers. Here’s what you need to know.

America's retirement preparedness score drops: Fidelity

The average American has a 78% chance of covering estimated retirement expenses in a down market, according to Fidelity's 2023 Retirement Savings Assessment. Here’s what you need to know.

Inflation and rising costs pushes Americans to make risky financial choices: Survey

High inflation and interest rates pushed 35% of Americans to drain cash from emergency savings and 26% have skipped or are considering becoming delinquent on their credit cards, a recent survey from Achieve said.

How to get a hardship loan

If you’re unemployed, a hardship loan can help you stay afloat financially. Learn how these loans work and where to get one.

Gas prices pump higher as the cost of oil rises: AAA

Gas prices increased by nine cents to $3.64 per gallon as oil prices rise. And although gas prices have dropped year-over-year, Americans have been facing high inflation in 2023.

Many Americans plan to use their tax refunds to build savings in 2023, survey says

Americans challenged by inflation and rising costs plan to save less than $5,000 in 2023 and many are relying on tax refunds to make ends meet, a recent TaxAct survey said.