Mortgage rates rise as Fed fights inflation: Freddie Mac

Rates for the 30-year mortgage increased again after a slight dip the week before following the Federal Reserve's recent announcement that it was raising rates again, according to Freddie Mac.

Student loan forgiveness halted, Milwaukee borrowers voice concerns

The Biden administration's student loan forgiveness plan has come to a halt again, this time after a federal judge in Texas blocked the policy Thursday.

Fannie Mae's new rent reporting program helps renters build credit

Fannie Mae introduced a new rent reporting program that will allow renters to build credit and could open a path to homeownership.

Student loan refund checks on their way to millions: Here's what to do if you don't benefit

As Biden’s student loan forgiveness program faces legal battles, refund checks are being sent to borrowers who paid down their loans during the pandemic payment pause.

Housing market will lead us into a recession, and will lead us out: MBA forecast

While the housing market could bring the economy into a recession next year, it could also bring it out, economists at the Mortgage Bankers Association (MBA) conference said.

Personal loan interest rates at near-record gap with credit cards, boosting savings opportunity

The interest rate on personal loans is much lower than the one on credit cards, according to the Federal Reserve Bank of St. Louis. Here’s how you can use these lower interest rates to pay down debt.

Home prices to decline in 2023, recession ahead: Fannie Mae forecast

Fannie Mae forecasted that home prices will fall in 2023 and that GDP could contract once again at the end of this year. And while it predicted that a recession next year could be mild, it said there are still risks that could create a larger financial crisis.