Mortgage rates rise amid interest rate environment uncertainty: Freddie Mac
The average rate for a 30-year fixed-rate mortgage rose to 6.39% for the week ending May 18, 2023, according to Freddie Mac’s latest data. Still, some experts have said they believe mortgage rates may come down if the Fed loosens up monetary policy.
The average rate for a 30-year fixed-rate mortgage rose to 6.39% for the week ending May 18, 2023, according to Freddie Mac’s latest data. Still, some experts have said they believe mortgage rates may come down if the Fed loosens up monetary policy.
Atlanta pre-check passengers can now use app
The Transportation Security Administration (TSA), in partnership with the State of Georgia and Apple, has implemented a new technology that allows passengers to use their Georgia-issued mobile driver's license or ID card stored in Apple Wallet for identity verification during airport security screening at Hartsfield-Jackson Atlanta International Airport (ATL). Beginning this week, individuals who possess driver's licenses or state IDs issued by the State of Georgia can add a digital version of their license or ID to Apple Wallet. They can then present this digital identification at the T-South security checkpoint at ATL if they are enrolled in TSA PreCheck? and are using a designated checkpoint lane. FOX 5 Atlanta's Brooke Zauner reports on the latest on LiveNOW From FOX.
The Transportation Security Administration (TSA), in partnership with the State of Georgia and Apple, has implemented a new technology that allows passengers to use their Georgia-issued mobile driver's license or ID card stored in Apple Wallet for identity verification during airport security screening at Hartsfield-Jackson Atlanta International Airport (ATL). Beginning this week, individuals who possess driver's licenses or state IDs issued by the State of Georgia can add a digital version of their license or ID to Apple Wallet. They can then present this digital identification at the T-South security checkpoint at ATL if they are enrolled in TSA PreCheck? and are using a designated checkpoint lane. FOX 5 Atlanta's Brooke Zauner reports on the latest on LiveNOW From FOX.
6 in 10 Americans want to pair debt limit increase with deficit cuts, poll finds
The new poll shows 27% say they approve of Biden and 26% say the same about congressional Democrats, while 22% approve of congressional Republicans.
The new poll shows 27% say they approve of Biden and 26% say the same about congressional Democrats, while 22% approve of congressional Republicans.
Today's best mortgage deal? 15-year terms have the lowest rates | May 18, 2023
Check out the mortgage rates for May 18, 2023, which are mixed from yesterday.
Check out the mortgage rates for May 18, 2023, which are mixed from yesterday.
Here's why a government default may be worse than a government shutdown
All the hand-wringing over a potential government default if Congress doesn’t increase the national debt limit has conjured up images of past government shutdowns.
All the hand-wringing over a potential government default if Congress doesn’t increase the national debt limit has conjured up images of past government shutdowns.
World's top 50 highest-paid athletes break numerous records
Here's where the top athletes ranked on Forbes' list this year.
Here's where the top athletes ranked on Forbes' list this year.
Most affordable beach towns of 2023 revealed — and some are not where you'd think
With many people seeking the nearest beach to enjoy for a couple of days, people are also looking closely at the price tag that comes with those destinations.
With many people seeking the nearest beach to enjoy for a couple of days, people are also looking closely at the price tag that comes with those destinations.
3 in 5 Americans say inflation is affecting their summer travel plans, survey shows
With costs going up, some consumers are considering other options for their summer vacations, according to a new survey.
With costs going up, some consumers are considering other options for their summer vacations, according to a new survey.
These are the most debt-ridden cities in the US, according to study
The average non-mortgage debt across the 50 largest U.S. metros is $39,713, which includes auto loans, student loans and credit cards, a LendingTree study found.
The average non-mortgage debt across the 50 largest U.S. metros is $39,713, which includes auto loans, student loans and credit cards, a LendingTree study found.
Demand for used cars likely to grow as consumer seek affordability: Edmunds
Demand for more affordable cars is growing as high-interest rates and more expensive purchase prices are putting buying a new vehicle out of reach for many consumers, according to a recent Edmunds report.
Demand for more affordable cars is growing as high-interest rates and more expensive purchase prices are putting buying a new vehicle out of reach for many consumers, according to a recent Edmunds report.
Many Americans eye buy now, pay later to gain more financial flexibility: Survey
Nearly half of Americans (46%) said they would also consider BNPL an alternative financing method to credit cards or cash, according to a recent survey.
Nearly half of Americans (46%) said they would also consider BNPL an alternative financing method to credit cards or cash, according to a recent survey.
Today's mortgage rates rise, but 15-year terms hold firm as lowest rate | May 17, 2023
Check out the mortgage rates for May 17, 2023, which are mixed from yesterday.
Check out the mortgage rates for May 17, 2023, which are mixed from yesterday.
Debt ceiling: Biden 'confident' there will be no default
Negotiators are racing to beat a deadline of June 1, which is when the Treasury Dept. said the U.S. could begin defaulting on its debts for the first time in history and risk financial catastrophe.
Negotiators are racing to beat a deadline of June 1, which is when the Treasury Dept. said the U.S. could begin defaulting on its debts for the first time in history and risk financial catastrophe.
Biden: Confident we will reach debt limit deal
The House GOP?s Limit, Save, Grow Act to raise the debt ceiling contains within it a vitally important reform ? work requirements for able-bodied adults to qualify for Medicaid. While the Congressional Budget Office estimates the Medicaid work requirements in the bill will save $109 billion over the next 10 years, the money savings are not why the reform is so important. In fact, work requirements for welfare programs are vital for the health and wellbeing of those receiving benefits. The House GOP Medicaid work requirements build on the highly successful reforms to unemployment insurance and other welfare programs Republicans enacted in 1996.
The House GOP?s Limit, Save, Grow Act to raise the debt ceiling contains within it a vitally important reform ? work requirements for able-bodied adults to qualify for Medicaid. While the Congressional Budget Office estimates the Medicaid work requirements in the bill will save $109 billion over the next 10 years, the money savings are not why the reform is so important. In fact, work requirements for welfare programs are vital for the health and wellbeing of those receiving benefits. The House GOP Medicaid work requirements build on the highly successful reforms to unemployment insurance and other welfare programs Republicans enacted in 1996.
Texas parents charge 19-year-old daughter rent; reveal criticism and support
People are sounding off on TikTok as parents charging their children rent has become a topic of discussion. Check out how one family navigated their adult daughter living at home.
People are sounding off on TikTok as parents charging their children rent has become a topic of discussion. Check out how one family navigated their adult daughter living at home.
Debt ceiling: Biden cuts short upcoming trip; McCarthy says deal possibly by end of week
The U.S. Treasury is warning that the U.S. could run out of cash to keep paying the nation’s bills as soon as June 1 if there is no agreement.
The U.S. Treasury is warning that the U.S. could run out of cash to keep paying the nation’s bills as soon as June 1 if there is no agreement.
Today's mortgage rates rise, but 10- and 15-year terms stay below 6 percent | May 16, 2023
Check out the mortgage rates for May 16, 2023, which are mixed from yesterday.
Check out the mortgage rates for May 16, 2023, which are mixed from yesterday.
Household debt hit record $17T last quarter as inflation squeezes Americans
New York Federal Reserve data released Monday shows household debt hit a fresh record in the first quarter of 2023 as high inflation squeezes Americans.
New York Federal Reserve data released Monday shows household debt hit a fresh record in the first quarter of 2023 as high inflation squeezes Americans.
Housing market could tumble into a 'deep freeze' if US defaults on its debt
A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.
A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.
Fed's May interest rate hike could harm regional bank lending, mortgages, expert warns
The Federal Reserve's latest interest rate increase has been harmful to the balance sheets of small regional banks and has impacted their ability to lend, according to the National Association of Realtors.
The Federal Reserve's latest interest rate increase has been harmful to the balance sheets of small regional banks and has impacted their ability to lend, according to the National Association of Realtors.