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Personal Finance

Stories related to personal finance.

Mortgage rates to stay high in 2023: Freddie Mac

Mortgage rates to stay high in 2023: Freddie Mac

High mortgage rates and home prices are creating a weak housing market. Here’s how to lower your rate and monthly payments.

December 13, 2022 2:20pm EST
Today’s 20-year mortgage rates dive below 6% | Dec. 13, 2022

Today’s 20-year mortgage rates dive below 6% | Dec. 13, 2022

Check out the mortgage rates for Dec. 13, 2022, which are largely up from yesterday.

December 13, 2022 1:02pm EST
Credit card balances hit record high amid inflation: TransUnion

Credit card balances hit record high amid inflation: TransUnion

Inflation and an uncertain economy influenced record-high credit card balances in the third quarter of 2022, according to TransUnion. Here’s how you can pay off your high-interest debt.

December 12, 2022 6:29pm EST
What is the first-time homebuyer tax credit and how does it work?

What is the first-time homebuyer tax credit and how does it work?

The new version of the first-time homebuyer tax credit hasn’t passed Congress yet, but there are some tax credits homeowners can take advantage of today.

December 12, 2022 6:15pm EST
Good news: Student loan refinance interest rates fall for 5- and 10-year loans

Good news: Student loan refinance interest rates fall for 5- and 10-year loans

The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.

December 12, 2022 5:45pm EST
Personal loan interest rates edge up for both 3- and 5-year fixed-rate loans

Personal loan interest rates edge up for both 3- and 5-year fixed-rate loans

The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.

December 9, 2022 3:33pm EST
Millions of borrowers mistakenly told they were approved for student loan relief

Millions of borrowers mistakenly told they were approved for student loan relief

Millions of borrowers received erroneous emails notifying them they were approved for Biden’s student loan forgiveness plan. Here’s what to do if you don’t qualify.

December 9, 2022 3:15pm EST
Millions of Americans mistakenly notified of student debt forgiveness approval due to ‘human error’

Millions of Americans mistakenly notified of student debt forgiveness approval due to ‘human error’

According to an Accenture spokesperson, an email was “sent to a number of student loan debt relief applicants with an inaccurate subject line.”

December 7, 2022 4:55pm EST
Many Americans believe inflation, the economy won’t improve in 2023: poll — Here's how to manage your finances

Many Americans believe inflation, the economy won’t improve in 2023: poll — Here's how to manage your finances

As inflation remains high, a recent poll suggested some consumer concerns about economic uncertainty in 2023. Here's how to keep your finances on track.

December 7, 2022 3:23pm EST
Job growth spikes in November, interest rates expected to continue rising

Job growth spikes in November, interest rates expected to continue rising

The economy added more than 260,000 jobs in November and wages increased, but economic uncertainty is still a concern for many Americans. Here’s how to manage your finances today.

December 6, 2022 5:41pm EST
Recession is expected in Q1 2023: Bank of America

Recession is expected in Q1 2023: Bank of America

Bank of America economists expect a recession to emerge in the beginning of 2023. Here’s how to keep your finances on track.

December 6, 2022 5:16pm EST
Personal loan interest rates continue trending down for 3- and 5-year fixed-rate loans

Personal loan interest rates continue trending down for 3- and 5-year fixed-rate loans

The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.

December 5, 2022 6:46pm EST
Still time to save: Student loan refinance rates edge down for 5-year variable-rate loans

Still time to save: Student loan refinance rates edge down for 5-year variable-rate loans

The latest trends in interest rates for student loan refinancing from the Credible marketplace, updated weekly.

December 5, 2022 6:32pm EST
Fannie Mae, Freddie Mac to back mortgages over $1M

Fannie Mae, Freddie Mac to back mortgages over $1M

The FHFA announced higher mortgage loan limits surpassing $1 million, giving borrowers access to larger loan amounts without taking out a jumbo mortgage.

December 2, 2022 6:09pm EST
Supreme court to hear arguments on Biden's student loan forgiveness plan next year

Supreme court to hear arguments on Biden's student loan forgiveness plan next year

The Supreme Court will rule over the legality of Biden's student loan forgiveness plan, but private loan borrowers won't qualify if it gets approved. Here's what to do if you can't get student loan relief.

December 2, 2022 5:54pm EST
Still time to save: Personal loan interest rates fall for 3- and 5-year fixed-rate loans

Still time to save: Personal loan interest rates fall for 3- and 5-year fixed-rate loans

The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.

December 1, 2022 6:43pm EST
Private student loan interest rates plunge for 5- and 10-year loans

Private student loan interest rates plunge for 5- and 10-year loans

The latest private student loan interest rates from the Credible marketplace, updated weekly.

November 30, 2022 6:29pm EST
Fed minutes indicate interest rate increases may slow soon

Fed minutes indicate interest rate increases may slow soon

The Federal Reserve said that reaching its target inflation rate of 2% is more important than the pace of rate hikes, signaling that it may begin to slow the pace of future interest rate increases.

November 30, 2022 6:05pm EST
Good news: Personal loan interest rates edge down for 5-year fixed-rate loans

Good news: Personal loan interest rates edge down for 5-year fixed-rate loans

The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.

November 29, 2022 7:54pm EST
Mortgage payments rise in October amid high mortgage rates: MBA

Mortgage payments rise in October amid high mortgage rates: MBA

The national median monthly mortgage payment increased in October, according to a report from the Mortgage Bankers Association (MBA).

November 25, 2022 3:15pm EST
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