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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Unemployment increased just slightly despite the US adding 272,000 jobs
Over 270,000 jobs were added in May, yet the unemployment rate still rose, fueling economic concerns.
71 percent of Americans waiting on interest rate cuts before hunting for homes: survey
Sixty-seven percent of Americans still dream of owning a home, but 71% said they are waiting for mortgage rates to drop before entering the market, according to a recent BMO Financial survey.
Borrowers urged to apply for Navient's private student loan forgiveness
The Project on Predatory Student Lending (PPSL) launched a campaign to raise awareness of Navient's discharge program for certain borrowers seeking relief because their school lied to them.
The 10 cheapest new cars in 2024
Nissan, Kia, Hyundai and Mitsubishi dominate Cars.com's list of the cheapest new cars.
Gas prices dropped by more than they have all year as after-holiday demand dips
Decreasing oil prices and less demand has caused a sizeable drop in gas prices this week.