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President Biden announced the approval of student loan handouts for more than 150,000 people on Monday, with the White House touting a total of more than 5 million beneficiaries over…
Credit card swipe fees, which are among the highest operating costs for retailers, are taking a bite out of household budgets, according to industry experts. When a credit or debit…
Mortgage rates are up for a third straight week to the highest since July, further hindering demand in the already-stagnant housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released…
Experts are sounding the alarm over a new report indicating credit card loan defaults soared this year, warning the dam is about to break on Americans’ record-high consumer debt. During…
The Federal Reserve just cut interest rates one more time this year. In their recent meeting, the Fed decided to cut rates by a quarter of a percentage point, dropping…
Two student loan repayment plans have been reopened for enrollment by the Department of Education (DOE) following a federal court injunction against the Biden administration’s Saving on a Valuable Education…
A federal consumer watchdog is warning that certain credit card companies may be illegally devaluing accrued rewards such as points or airline miles. The Consumer Financial Protection Bureau (CFPB) said…
As consumers patiently wait for mortgage rates to settle, the Century 21 Real Estate CEO is flagging consumers about “positive signs” that are emerging from the real estate market. “On…
Mortgage rates moved lower for the second consecutive week, sending purchase applications higher in further signs of pent-up demand amid an ongoing affordability crisis in the housing market. Freddie Mac’s…
Mortgage rates are expected to come down next year, but the decline is unlikely to be enough to provide relief for many would-be buyers in the U.S.’s ongoing affordability crisis.…