Gas prices stay neutral to kick off summer, but there’s a chance for a decrease in the forecast: AAA
Gasbuddy said drivers can expect petrol prices to remain lower than last year. (iStock) The auto industry kicked off its informal summer road trip season on Memorial Day with little change in gas prices, but that could change as the summer progresses, the paper said. reported. AAA. Even though more than 37 million Americans drove […]
Student loan refinance interest rates skyrocket for 5-year loans
Here at Credible Operations, Inc. (NMLS Number 1681276) (“Credible”), our goal is to give you the tools and confidence you need to improve your finances. We advertise the products of the financial institutions we partner with in return for our services, but all opinions are our own. The latest trends in student loan refinance rates […]
Good news: Personal loan interest rates edge down for 3-year loans
Here at Credible Operations, Inc. (NMLS Number 1681276) (“Credible”), our goal is to give you the tools and confidence you need to improve your finances. We advertise the products of the financial institutions we partner with in return for our services, but all opinions are our own. Weekly updates on the latest trends in personal […]
Today’s best mortgage deal remains 10- and 15-year terms at 5.625% | June 5, 2023
Here at Credible Operations, Inc. (NMLS Number 1681276) (“Credible”), our goal is to give you the tools and confidence you need to improve your finances. We advertise the products of the financial institutions we partner with in return for our services, but all opinions are our own. Check out the mortgage interest rates for June […]
The Fed is not taking future interest rate hikes off the table
A study found that rising interest rates and inflation are affecting the economic well-being of Americans. The Fed has hiked rates 10 times since March 2022 to curb stubborn inflation. And despite the recent slowdown in inflation and less turmoil in the banking sector, one Fed official said rate hikes could continue even after the […]
Putting your money where your marriage is: The best financial practices to enrich your relationship
Lonita Chowdhury Wade, Personal Loan Expert at NerdWallet, joined “Morning with Maria” to discuss the pros and cons of “buy now, pay later” at a wedding. For better or worse, rich or poor, it may not be the latter. With America’s summer wedding season kicking off and many eager couples preparing to get married this […]
Gen Z, Millenials have bleak outlook on financial futures, study finds
Macro Mavens founder Stephanie Pomboy discusses the state of household savings and JP Morgan’s comments on Fox Business Tonight. With recession fears and social activism on the rise, younger generations in the United States are more confident that they can help solve global problems than securing their own economic future. Shown by the latest data. […]
Job growth keeps Fed’s eye on future interest rate hikes
Despite multiple rate hikes, the labor market remains strong. (iStock) The economy added 339,000 jobs in May, up from a surge of 253,000 the previous month, according to the latest figures. Employment data from the Bureau of Labor Statistics (BLS). According to BLS, this growth was driven by professional and business services, government, healthcare, construction, […]
Today’s mortgage best deal? Rates for 10- and 15-year terms at 5.625% | June 2, 2023
Here at Credible Operations, Inc. (NMLS Number 1681276) (“Credible”), our goal is to give you the tools and confidence you need to improve your finances. We advertise the products of the financial institutions we partner with in return for our services, but all opinions are our own. Let’s check out the mortgage interest rate on […]
Mortgage rates bump up as Fed holds grip on economic policy: Freddie Mac
The latest data from the Home Loan Bankers Association (MBA) shows that mortgage applications are down given the uncertain interest rate environment. (iStock) Mortgage rates rose for a third straight week amid signs of a strong labor market and the Fed could start raising rates further, the latest data show. Data from Freddie Mac. The […]
