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Personal Finance

Stories related to personal finance.

Forecasters project active hurricane season as homeowners remain unprepared for damages

Forecasters project active hurricane season as homeowners remain unprepared for damages

Homeowners are also willing to spend more than $1,000 to prepare their homes against hurricanes, but a majority have no plan ahead of this year's hurricane season, according to a recent survey.

June 19, 2024 3:43pm EDT
Rhode Island has the highest car accident costs, here are the other states with high costs

Rhode Island has the highest car accident costs, here are the other states with high costs

Drivers are struggling to deal with high car repair costs, with Rhode Island, Georgia and Connecticut facing the highest costs.

June 18, 2024 4:26pm EDT
Mortgage rates on the decline while applications rise: Freddie Mac

Mortgage rates on the decline while applications rise: Freddie Mac

The average 30-year fixed-rate mortgage was 6.95% for the week ending June 13, according to Freddie Mac's latest Primary Mortgage Market Survey.

June 17, 2024 7:05pm EDT
Freddie Mac proposes product to help homeowners tap home equity without losing record low mortgage rates

Freddie Mac proposes product to help homeowners tap home equity without losing record low mortgage rates

New Freddie Mac product would help homeowners tap their home equity without losing their existing low-rate first mortgages.

June 17, 2024 5:05pm EDT
Inflation levels remain unchanged in May, brings 2 percent target into focus

Inflation levels remain unchanged in May, brings 2 percent target into focus

Thanks to stable oil prices and little change in demand, gas prices are continuing to fall.

June 14, 2024 7:46pm EDT
Inflation levels remain unchanged in May, brings 2 percent target into focus

Inflation levels remain unchanged in May, brings 2 percent target into focus

Inflation remained relatively unchanged in May, according to the latest inflation report. Here's what that means for interest rates.

June 13, 2024 1:38pm EDT
50 percent of Americans saving for college don't know about a 529 savings plan: survey

50 percent of Americans saving for college don't know about a 529 savings plan: survey

Despite the many advantages 529 savings plans provide, many Americans are not using them as part of the education saving strategy, a recent Edward Jones survey said.

June 12, 2024 8:06pm EDT
Buy now, pay later products to be treated like credit cards, CFPB says

Buy now, pay later products to be treated like credit cards, CFPB says

BNPL lenders must now follow the federal Truth in Lending Act (TILA) and Regulation Z rules that apply to credit cards, the CFPB said.

June 12, 2024 7:56pm EDT
These US cities have the biggest inflation problems, study finds

These US cities have the biggest inflation problems, study finds

High inflation continues to impact the economy, and these cities are feeling it the most.

June 12, 2024 2:25pm EDT
Soaring insurance rates drive auto insurance shopping rates higher: report

Soaring insurance rates drive auto insurance shopping rates higher: report

Shopping rates for new auto insurers climbed in January and February 2024, rebounding from a dip in the previous quarter.

June 10, 2024 8:18pm EDT
Gas prices to keep dropping as motorists plan Fourth of July road trips: AAA

Gas prices to keep dropping as motorists plan Fourth of July road trips: AAA

The national average cost for a gallon of gas was $3.48, a significant eight-cent dip from the previous week.

June 10, 2024 7:38pm EDT
Mortgage rates fall but only slightly as home prices continue rising

Mortgage rates fall but only slightly as home prices continue rising

Home prices may still be up, but mortgage rates dipped down to just below 7% this week.

June 7, 2024 5:54pm EDT
Unemployment increased just slightly despite the US adding 272,000 jobs

Unemployment increased just slightly despite the US adding 272,000 jobs

Over 270,000 jobs were added in May, yet the unemployment rate still rose, fueling economic concerns.

June 7, 2024 4:50pm EDT
71 percent of Americans waiting on interest rate cuts before hunting for homes: survey

71 percent of Americans waiting on interest rate cuts before hunting for homes: survey

Sixty-seven percent of Americans still dream of owning a home, but 71% said they are waiting for mortgage rates to drop before entering the market, according to a recent BMO Financial survey.

June 5, 2024 5:57pm EDT
Borrowers urged to apply for Navient's private student loan forgiveness

Borrowers urged to apply for Navient's private student loan forgiveness

The Project on Predatory Student Lending (PPSL) launched a campaign to raise awareness of Navient's discharge program for certain borrowers seeking relief because their school lied to them.

June 5, 2024 3:22pm EDT
The 10 cheapest new cars in 2024

The 10 cheapest new cars in 2024

Nissan, Kia, Hyundai and Mitsubishi dominate Cars.com's list of the cheapest new cars.

June 3, 2024 6:19pm EDT
Gas prices dropped by more than they have all year as after-holiday demand dips

Gas prices dropped by more than they have all year as after-holiday demand dips

Decreasing oil prices and less demand has caused a sizeable drop in gas prices this week.

May 31, 2024 7:35pm EDT
Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac

Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac

The average 30-year fixed-rate mortgage was 7.03% for the week ending May 30, according to Freddie Mac's latest Primary Mortgage Market Survey.

May 31, 2024 2:25pm EDT
Social Security recipients will get one less payment in June – here's why

Social Security recipients will get one less payment in June – here's why

Here's why some Social Security recipients will miss a payment in June.

May 31, 2024 12:47pm EDT
Q1 GDP revised down on lackluster consumer spending

Q1 GDP revised down on lackluster consumer spending

Real GDP increased at an annual rate of 1.3% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate.

May 30, 2024 7:48pm EDT
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New SNAP requirements now in effect,  USDA planning major overhaul of program

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