'SAVE' plan: What to know about Biden's alternate approach to cut student loan debt
Under the SAVE plan, the typical student loan borrower would save about $1,000 a month, the president said.
Under the SAVE plan, the typical student loan borrower would save about $1,000 a month, the president said.
US inflation believed to have slowed in June in sign of easing price pressures
Some economists believe if inflation keeps slowing and the economy shows signs of improvement, a July interest rate hike could be the Federal Reserve's last.
Some economists believe if inflation keeps slowing and the economy shows signs of improvement, a July interest rate hike could be the Federal Reserve's last.
Money mistakes young people make (and how to fix them)
Four money mistakes young people are making and how to correct them.
Four money mistakes young people are making and how to correct them.
Bank of America to pay $100M to customers over fees, opening accounts without consent
Are you a Bank of America customer? The bank has been ordered to pay $100 million to customers for several offenses, plus millions more in penalties.
Are you a Bank of America customer? The bank has been ordered to pay $100 million to customers for several offenses, plus millions more in penalties.
Biden announces new student loan forgiveness plan for borrowers making less than 125K
Under the Higher Education Act, the Biden administration is taking another shot at student loan forgiveness after SCOTUS struck down its plans.
Under the Higher Education Act, the Biden administration is taking another shot at student loan forgiveness after SCOTUS struck down its plans.
Today’s best mortgage savings? 10-year terms at 6.125 percent | July 10, 2023
Check out the mortgage rates for July 10, 2023, which are mixed from Friday.
Check out the mortgage rates for July 10, 2023, which are mixed from Friday.
Target, Walmart announce back-to-school deals for teachers, students
Back-to-school deals are back for teachers and students.
Back-to-school deals are back for teachers and students.
Powerball jackpot grows to $650 million
No one took home Saturday's $631 million jackpot.
No one took home Saturday's $631 million jackpot.
US Postal Service raising stamp prices Sunday
The USPS requested mailing price hikes earlier this year, citing inflation.
The USPS requested mailing price hikes earlier this year, citing inflation.
Monthly mortgage payments reach record highs in US
The median monthly payment for home purchase loans jumped 14.1% in May to an all-time high $2,165.
The median monthly payment for home purchase loans jumped 14.1% in May to an all-time high $2,165.
Biden administration announces SAVE plan after SCOTUS student loan decision
The White House announced SAVE, a new income-driven student loan repayment plan and other initiatives following the Supreme Court's decision to strike down widespread student loan forgiveness.
The White House announced SAVE, a new income-driven student loan repayment plan and other initiatives following the Supreme Court's decision to strike down widespread student loan forgiveness.
Today’s best mortgage deal? 10-year terms remain at 6.12 percent | July 7, 2023
Check out the mortgage rates for July 7, 2023, which are largely unchanged from yesterday.
Check out the mortgage rates for July 7, 2023, which are largely unchanged from yesterday.
Mortgage rates inch to the highest level so far this year: Freddie Mac
The average 30-year fixed-rate mortgage increased to 6.81% for the week ending July 6, according to Freddie Mac's latest Primary Mortgage Market Survey.
The average 30-year fixed-rate mortgage increased to 6.81% for the week ending July 6, according to Freddie Mac's latest Primary Mortgage Market Survey.
Today’s lowest mortgage rates? 10-year terms at 6.125 percent | July 6, 2023
Check out the mortgage rates for July 6, 2023, which are mixed from yesterday.
Check out the mortgage rates for July 6, 2023, which are mixed from yesterday.
Americans are giving less to charity, poll finds
Over 55% of those who stopped giving say they don’t earn enough to afford donating to charity.
Over 55% of those who stopped giving say they don’t earn enough to afford donating to charity.
Subprime-rated consumers have less access to credit – Here's how to improve your score
Subprime-rated consumers may have fewer borrowing options to deal with unexpected costs as lenders tighten access to credit to this group in favor of more consumers with higher credit scores, a VantageScore report said.
Subprime-rated consumers may have fewer borrowing options to deal with unexpected costs as lenders tighten access to credit to this group in favor of more consumers with higher credit scores, a VantageScore report said.
Today’s best mortgage savings? Shorter terms have the lowest rates | July 5, 2023
Check out the mortgage rates for July 5, 2023, which are mixed from Monday.
Check out the mortgage rates for July 5, 2023, which are mixed from Monday.
Walgreens expects to close 150 US stores, CFO says
The store closings are expected to happen by 2024 in a cost-saving effort by the company.
The store closings are expected to happen by 2024 in a cost-saving effort by the company.
Biden offers alternative student debt relief plan following Supreme Court ruling
President Joe Biden is offering an alternative student debt plan designed to ease borrowers’ threat of default if they fall behind on their payments.
President Joe Biden is offering an alternative student debt plan designed to ease borrowers’ threat of default if they fall behind on their payments.
Student loan forgiveness struck down: Here's what that means for you
The Supreme Court has ruled the Biden administration overstepped its authority in trying to cancel or reduce student loan debt, effectively killing the $400 billion plan.
The Supreme Court has ruled the Biden administration overstepped its authority in trying to cancel or reduce student loan debt, effectively killing the $400 billion plan.