Biden administration forgives $4.5 million in student debt for 60,000 borrowers
The Biden administration announced over $4 million in funding for borrowers who have met PSLF requirements.
Taxpayers in these 24 states will be able to file their returns directly with the IRS
The IRS is expanding its Direct File program to 30 million taxpayers in 24 states for the 2025 tax season. Learn more about the new eligibility standards and participating states.
Maryland city will pay you $20,000 to move there
A city in Maryland is offering a $20,000 incentive to get new residents to move there.
The US added 818,000 fewer jobs this year than originally estimated
Over 800,000 fewer jobs were added by employers in the last few months, but consumer sentiment about the economy is still strong.
Biden asks Supreme Court to lift block on student loan repayment plan
The Biden Administration has turned to the Supreme Court to help lift a block on the Saving on a Valuable Education (SAVE) plan.
Mortgage payments soar for prospective homeowners in swing states: Realtor.com
Buyers in swing states have seen mortgage payments practically double in the last four years due to rising home prices and mortgage rates.
Mortgage rates drop to new low as Fed grows closer to slashing interest rates: Freddie Mac
The average 30-year fixed-rate mortgage was 6.73% for the week ending Aug. 1, according to Freddie Mac's latest Primary Mortgage Market Survey.
Mortgage rates barely budged this week as more listings flood the market
Mortgage rates didn't change much this week, but more home listings are coming on the market even as buyers are backing off.
First-time homebuyers are often overwhelmed by unexpected homeownership costs: study
Younger first-time buyers often don't consider additional housing costs such as repairs, improvements and emergencies.
Consumers find mild relief as June inflation dips by 0.1 percent
Inflation has slowed, thanks to a decrease in the gas index and the energy index.
Leasing a car more popular, high-credit consumers choosing to lease more than 30 percent of the time
Car leases are becoming more popular as prices for cars still remains high.
More than 1 in 3 US households have financial insecurity, survey says
The number of American households that are feeling the strain when it comes to paying for necessities such as food and bills, saw a 6.7% increase in 2024 compared to the same period in 2022.
Some vacationers expect to use credit card for more than $5,000 of summer travel
Some Americans plan to pay for vacations this summer with credit cards for points, while others are doing it because they can't afford to travel otherwise, a recent Debt.com survey said.
Less than a third of Americans approve of how Biden has handled student loan debt
Borrowers with student loans find student loan debt forgiveness important, but not all approve of how loans have been handled.
Homeowners and renters struggling to afford the high cost of housing: survey
Renters and homeowners have had to downsize, tap their retirement savings and delay critical housing repairs to afford the high cost of housing, a recent Nationwide survey said.
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.
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.
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.
Forecasters project active hurricane season as homeowners remain unprepared for damages
Homeowners are also willing to spend more than $1,000 to prepare their homes against hurricanes, but a majority have no plan ahead of this year's hurricane season, according to a recent survey.
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.