Tag Archives: Personal finance

Noel Hendrickson/Getty Images Even with signs that the housing market is cooling, homebuyers are still feeling the sting of elevated prices and higher interest rates. The average rate on a 30-year fixed-rate mortgage is 6.7% as of Friday, up from 3.3% at the start of 2022, according to Mortgage News …

Robert Dietz National Association of Home Builders Many aspiring homebuyers are watching as home prices begin to fall and wondering: What do I need to know about the housing market now?  (See the lowest mortgage rates you may qualify for here.) So we asked Robert Dietz these questions. Since joining …

Hoxton/Sam Edwards | Getty Images Bond yields jumped this week after another major rate hike from the Federal Reserve, flashing a warning of market distress. The policy-sensitive 2-year Treasury yield on Friday climbed to 4.266%, notching a 15-year high, and the benchmark 10-year Treasury hit 3.829%, the highest in 11 …

Morsa Images | E+ | Getty Images As investors digest another 0.75 percentage point interest rate hike by the Federal Reserve, government bonds may be signaling distress in the markets. Ahead of news from the Fed, the policy-sensitive 2-year Treasury yield climbed to 4.006% on Wednesday, the highest level since …

Thanks to inflation, you’re likely paying more for just about everything these days, and car insurance is no exception. Insurers have increased rates by an average of 4.9% so far this year, according to data from S&P Global Market Intelligence, and costs for consumers will likely continue rising, say analysts …

Forget getting a deal; these days, anyone in the market for a new car could pay thousands over the sticker price before they drive off the lot. Limited inventory due to a persistent shortage of computer chips, along with other supply-chain challenges, helped propel new car prices up 10% from …

Monkeybusinessimages | Istock | Getty Images Millions of Americans may receive reduced Social Security benefits if they worked in public roles as teachers, firefighters, police or government workers. Now a proposal in Congress to eliminate the rules that cause those benefit reductions is moving forward. But experts say it’s still …

It’s been a rough year for the stock market, and some consumers are closing investment accounts due to inflation and volatility concerns, according to a recent survey from Ally Financial.  As investors brace for another major interest rate hike from the Federal Reserve, inflation is still hovering near a 40-year …

The holidays might just be the easiest time of year to fall into debt, and it seems many Americans are ready to make a decision that could actually make that more likely. Even though we’re only at the tail end of summer, retailers have already spent months …

The holidays might just be the easiest time of year to fall into debt, and it seems many Americans are ready to make a decision that could actually make that more likely. Even though we’re only at the tail end of summer, retailers have already spent months …