The Consumer Price Index (CPI), the main measure of inflation, increased 0.2% in September, a similar increase consumers saw in August and July, the Bureau of Labor Statistics reported.Over the last 12 months, the index increased 2.4%, the lowest yearly increase since February 2021. A rise in food...
This week’s personal loan rates rise for 3- and 5-year terms
Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were higher for 3- and 5-year loans when compared to fixed-rate loans for the seven days before.For borrowers with credit scores of 720 or higher who used the...
What net worth does one need to be rich in 2024? Here’s what Americans think
It takes more to be viewed as rich in the U.S. this year than it used to, according to new data.Charles Schwab's annual Modern Wealth Survey released this week found Americans now believe it takes a $2.5 million net worth on average to be considered wealthy in 2024,...
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Social Security cost-of-living adjustment will be 2.5% in 2025, less than prior year
The Social Security Administration on Thursday announced that the cost-of-living adjustment for 2025 will be 2.5%.Social Security retirement benefits, on average, will increase by roughly $50 per month starting in January, the agency said."Social Security benefits and...
Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates
The annual inflation rate in August continued to inch towards 2%, the target inflation rate the Federal Reserve has set, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS).On an annual basis, prices rose 2.5% in August, the...
Private student loan interest rates fall for 5- and 10-year terms
During the week of Aug. 26, 2024, average private student loan rates decreased for borrowers with credit scores of 720 or higher who used the Credible marketplace to take out 5-year variable-rate loans and 10-year fixed-rate loans.Through Credible, you can compare...
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Private student loan interest rates fall for 5- and 10-year terms
During the week of Aug. 26, 2024, average private student loan rates decreased for borrowers with credit scores of 720 or higher...
This week’s personal loan rates rise for 3- and 5-year terms
Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were higher for 3- and...
What net worth does one need to be rich in 2024? Here’s what Americans think
It takes more to be viewed as rich in the U.S. this year than it used to, according to new data.Charles Schwab's annual Modern...
July inflation drops below 3% as Fed considers September rate cut
The annual inflation rate fell below 3% in July for the first time in over three years, according to the Consumer Price Index...
This week’s personal loan rates rise for 3- and 5-year terms
Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were higher for 3- and...
Today’s mortgage interest rates fall for 30-year terms while 15-year terms remain unchanged | August 14, 2024
The median interest rate on a 30-year fixed-rate mortgage is 6.375% as of August 14, which is 0.115 percentage points lower than...
Private student loan interest rates fall for 5-year terms, rise for 10-year terms
During the week of Aug. 5, 2024, average private student loan rates decreased for borrowers with credit scores of 720 or higher...
Today’s 15- and 30-year mortgage rates hold at lowest level in over a year | August 13, 2024
The median interest rate on a 30-year fixed-rate mortgage is 6.490% as of August 13, which is unchanged from yesterday....
Today’s mortgage rates remain unchanged for 15- and 30-year terms | August 12, 2024
The interest rate on a 30-year fixed-rate mortgage is 6.490% as of August 12, which is unchanged from Friday. Additionally, the...
Mortgage rates drop to lowest rate in more than a year
Mortgage rates dipped significantly this week, dropping to the lowest level in more than a year, according to Freddie Mac. Rates...
Economic turbulence ‘effectively assured’ Fed will cut interest rates in September
A surprising jobs report released last week paired with a volatile Japanese market led to a massive selloff during Monday’s...
This week’s personal loan rates fall for 3-year terms, rise for 5-year terms
Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were lower for 3-year...
‘Great migration’ continues as more Americans flee New York, San Francisco
The exodus from major cities in states run by Democrats continues.A growing number of Americans are migrating from predominantly...
Today’s mortgage rates hold steady for 30-year terms while 15-year terms edge up | August 6, 2024
The interest rate on a 30-year fixed-rate mortgage is 6.125% as of August 6, which is unchanged from yesterday. Additionally,...
Private student loan interest rates fall for 5-year terms, rise for 10-year terms
During the week of Aug. 5, 2024, average private student loan rates decreased for borrowers with credit scores of 720 or higher who used the...
Today’s 15- and 30-year mortgage rates hold at lowest level in over a year | August 13, 2024
The median interest rate on a 30-year fixed-rate mortgage is 6.490% as of August 13, which is unchanged from yesterday. Additionally, the median...
Today’s mortgage rates remain unchanged for 15- and 30-year terms | August 12, 2024
The interest rate on a 30-year fixed-rate mortgage is 6.490% as of August 12, which is unchanged from Friday. Additionally, the interest rate on a...
Mortgage rates drop to lowest rate in more than a year
Mortgage rates dipped significantly this week, dropping to the lowest level in more than a year, according to Freddie Mac. Rates for 30-year,...
Economic turbulence ‘effectively assured’ Fed will cut interest rates in September
A surprising jobs report released last week paired with a volatile Japanese market led to a massive selloff during Monday’s trading day, with both...
This week’s personal loan rates fall for 3-year terms, rise for 5-year terms
Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were lower for 3-year loans and higher for...
‘Great migration’ continues as more Americans flee New York, San Francisco
The exodus from major cities in states run by Democrats continues.A growing number of Americans are migrating from predominantly blue cities like...
Today’s mortgage rates hold steady for 30-year terms while 15-year terms edge up | August 6, 2024
The interest rate on a 30-year fixed-rate mortgage is 6.125% as of August 6, which is unchanged from yesterday. Additionally, the interest rate on a...
Today’s mortgage rates continue to plummet for 15- and 30-year terms | August 5, 2024
The interest rate on a 30-year fixed-rate mortgage is 6.125% as of August 5, which is 0.250 percentage points lower than on Friday. Additionally,...
Mortgage rates drop to new low as Fed grows closer to slashing interest rates: Freddie Mac
Mortgage rates dropped again this week to the lowest level since February in anticipation of the Federal Reserve cutting interest rates by 25 basis...
Today’s mortgage rates plummet for 15- and 30-year terms | August 2, 2024
The interest rate on a 30-year fixed-rate mortgage is 6.375% as of August 2, which is 0.125 percentage points lower than yesterday. Additionally,...
Mortgage payments soar for prospective homeowners in swing states: Realtor.com
The housing affordability crisis is hitting swing states hard. These battleground states, which could potentially be won by either candidate, are...
Today’s mortgage rates hold steady for 15- and 30-year terms | August 1, 2024
The interest rate on a 30-year fixed-rate mortgage is 6.500% as of August 1, which is unchanged from yesterday. Additionally, the interest rate on a...
These 10 cars are the cheapest to insure
Budget-conscious consumers can spend less on car insurance depending on the type of vehicle they own, a recent report said.Insurance costs have...