Economy

Average mortgage rates have declined following the Federal Reserve's decision on June 20, 2025, to maintain benchmark interest rates between 4.25% to 4.50%. This marks the fourth time since December 2024 that the Fed has held rates steady. Mortgage...

Key points to remember: - Homeowners insurance policies can be canceled or not renewed due to various reasons, such as missed payments, changes in underwriting criteria, or property condition. - Insurance companies are required to give policyholders written notice of cancellation...

TikTok is visible in the app stores of both an iPhone and Google Pixel devices as of January 8th. The White House has provided TikTok with another opportunity by extending the enforcement deadline of the sale-or-ban law by an...

Average mortgage rates are slightly decreasing as of Wednesday, June 18, 2025, in anticipation of the Federal Reserve's policy session later today. The Fed is expected to maintain the federal funds target rate for the fourth consecutive time this...

The Federal Reserve's fourth two-day policy session of the year took place on Tuesday, June 17, 2025, causing a slight increase in average mortgage rates. It is widely anticipated that the Fed will maintain the federal funds target rate...

The average mortgage purchase rates have remained steady as of Monday, June 16, 2025, with the 30-year fixed benchmark holding at 6.90% following last week's stable inflation readings. Analysts suggest it's premature to gauge the impact of tariff-related pressures...

The decisions made by the Federal Reserve can significantly influence the cost of obtaining a personal loan. Fluctuations in the federal funds rate, also known as the Fed rate, directly impact the interest rates that lenders charge for most...

Gen Z has faced challenges entering adulthood, including the impact of the COVID-19 pandemic, inflation, rising homeownership costs, and political uncertainty. Given these circumstances, it is important to have a financial safety net in place. But how much should...

Recent data from travel booking engine KAYAK reveals that despite ongoing inflation, there is a positive outlook for summer travelers. Average flight prices, especially to international destinations, have decreased by 7% compared to the summer of 2024. For example,...

Consider refinancing your student loans with a private lender to reduce costs and expedite debt repayment. However, bear in mind that if you have federal loans, there are potential drawbacks. While top lenders may still provide access to certain...