Average long-term US mortgage rate hovers near 7%

The average 30-year fixed loan was 7.08% this week, according to Bankrate’s latest survey of large lenders. Here’s what a monthly mortgage payment at the current rate would look like.

Inflation report hotter than expected

Sherod Waite, CEO and Financial Advisor at MoneyWise Wealth Management, joins LiveNOW's Austin Westfall to break down the latest Consumer Price Index report.

America's top 1% has total net worth of $44 trillion

Recent Federal Reserve data reveals that America's wealthiest 1%, with assets exceeding $11 million, amassed a record $44.6 trillion in wealth by the end of the fourth quarter of 2023, with fluctuations observed based on geographical location.