America's debt hits new record of more than $17 trillion: NY Fed
Consumer debt reached a record of $17.05 trillion in Q1 2023. Many Americans still deal with high inflation and are seeking help from their financial institutions, reports say.
Consumer debt reached a record of $17.05 trillion in Q1 2023. Many Americans still deal with high inflation and are seeking help from their financial institutions, reports say.
Today's mortgage rates are rising, but 15-year terms remain below 6 percent | May 22, 2023
Check out the mortgage rates for May 22, 2023, which are trending up from Friday.
Check out the mortgage rates for May 22, 2023, which are trending up from Friday.
Venmo for teens: Social payment app officially available for those 13 and up
Although many already use it, teens are now officially allowed to open a Venmo account with their parent's permission.
Although many already use it, teens are now officially allowed to open a Venmo account with their parent's permission.
Debt ceiling explained: Why it's a struggle, how the impasse could end
Negotiations are continuing over raising the nation's debt ceiling and mere days before the government could reach a “hard deadline” and run out of cash to pay its bills.
Negotiations are continuing over raising the nation's debt ceiling and mere days before the government could reach a “hard deadline” and run out of cash to pay its bills.
Government forcing Navy retirees to pay back up to $70K after system glitch
Navy retirees could owe anywhere from $35 to $75,000 as a result of the system glitch.
Navy retirees could owe anywhere from $35 to $75,000 as a result of the system glitch.
Debt limit talks stall as Republicans, White House face 'real differences'
Debt limit talks came to an abrupt standstill after Republican House Speaker Kevin McCarthy said it’s time to “pause" negotiations.
Debt limit talks came to an abrupt standstill after Republican House Speaker Kevin McCarthy said it’s time to “pause" negotiations.
Today's best mortgage deal? 15-year terms remain lowest available rate | May 19, 2023
Check out the mortgage rates for May 19, 2023, which are mixed from yesterday.
Check out the mortgage rates for May 19, 2023, which are mixed from yesterday.
Mortgage rates rise amid interest rate environment uncertainty: Freddie Mac
The average rate for a 30-year fixed-rate mortgage rose to 6.39% for the week ending May 18, 2023, according to Freddie Mac’s latest data. Still, some experts have said they believe mortgage rates may come down if the Fed loosens up monetary policy.
The average rate for a 30-year fixed-rate mortgage rose to 6.39% for the week ending May 18, 2023, according to Freddie Mac’s latest data. Still, some experts have said they believe mortgage rates may come down if the Fed loosens up monetary policy.
6 in 10 Americans want to pair debt limit increase with deficit cuts, poll finds
The new poll shows 27% say they approve of Biden and 26% say the same about congressional Democrats, while 22% approve of congressional Republicans.
The new poll shows 27% say they approve of Biden and 26% say the same about congressional Democrats, while 22% approve of congressional Republicans.
Today's best mortgage deal? 15-year terms have the lowest rates | May 18, 2023
Check out the mortgage rates for May 18, 2023, which are mixed from yesterday.
Check out the mortgage rates for May 18, 2023, which are mixed from yesterday.
Most affordable beach towns of 2023 revealed — and some are not where you'd think
With many people seeking the nearest beach to enjoy for a couple of days, people are also looking closely at the price tag that comes with those destinations.
With many people seeking the nearest beach to enjoy for a couple of days, people are also looking closely at the price tag that comes with those destinations.
These are the most debt-ridden cities in the US, according to study
The average non-mortgage debt across the 50 largest U.S. metros is $39,713, which includes auto loans, student loans and credit cards, a LendingTree study found.
The average non-mortgage debt across the 50 largest U.S. metros is $39,713, which includes auto loans, student loans and credit cards, a LendingTree study found.
Demand for used cars likely to grow as consumer seek affordability: Edmunds
Demand for more affordable cars is growing as high-interest rates and more expensive purchase prices are putting buying a new vehicle out of reach for many consumers, according to a recent Edmunds report.
Demand for more affordable cars is growing as high-interest rates and more expensive purchase prices are putting buying a new vehicle out of reach for many consumers, according to a recent Edmunds report.
Many Americans eye buy now, pay later to gain more financial flexibility: Survey
Nearly half of Americans (46%) said they would also consider BNPL an alternative financing method to credit cards or cash, according to a recent survey.
Nearly half of Americans (46%) said they would also consider BNPL an alternative financing method to credit cards or cash, according to a recent survey.
Today's mortgage rates rise, but 15-year terms hold firm as lowest rate | May 17, 2023
Check out the mortgage rates for May 17, 2023, which are mixed from yesterday.
Check out the mortgage rates for May 17, 2023, which are mixed from yesterday.
Debt ceiling: Biden 'confident' there will be no default
Negotiators are racing to beat a deadline of June 1, which is when the Treasury Dept. said the U.S. could begin defaulting on its debts for the first time in history and risk financial catastrophe.
Negotiators are racing to beat a deadline of June 1, which is when the Treasury Dept. said the U.S. could begin defaulting on its debts for the first time in history and risk financial catastrophe.
Texas parents charge 19-year-old daughter rent; reveal criticism and support
People are sounding off on TikTok as parents charging their children rent has become a topic of discussion. Check out how one family navigated their adult daughter living at home.
People are sounding off on TikTok as parents charging their children rent has become a topic of discussion. Check out how one family navigated their adult daughter living at home.
Debt ceiling: Biden cuts short upcoming trip; McCarthy says deal possibly by end of week
The U.S. Treasury is warning that the U.S. could run out of cash to keep paying the nation’s bills as soon as June 1 if there is no agreement.
The U.S. Treasury is warning that the U.S. could run out of cash to keep paying the nation’s bills as soon as June 1 if there is no agreement.
Today's mortgage rates rise, but 10- and 15-year terms stay below 6 percent | May 16, 2023
Check out the mortgage rates for May 16, 2023, which are mixed from yesterday.
Check out the mortgage rates for May 16, 2023, which are mixed from yesterday.
Household debt hit record $17T last quarter as inflation squeezes Americans
New York Federal Reserve data released Monday shows household debt hit a fresh record in the first quarter of 2023 as high inflation squeezes Americans.
New York Federal Reserve data released Monday shows household debt hit a fresh record in the first quarter of 2023 as high inflation squeezes Americans.