Shoplifting Rates Spike Across US While Other Crimes Dip Below Pre-Pandemic Levels, Study Finds
Shoplifting rates increased during the first half of 2024 while other serious crimes have decreased to pre-pandemic levels, according to a Council of Criminal Justice (CCJ) study. Shoplifting increased 24% in 23 cities across the country during the first half of 2024 compared to the first half of 2023, according to the mid-year 2024 update […]
Mortgage rates increase slightly | Fox Business
Redfin CEO Glenn Kelman spoke about the housing industry, arguing that “high home prices are a real problem.” Mortgage rates were little changed from last week, with some slight increases. Freddie Mac’s latest primary mortgage market survey released Thursday showed that the average benchmark interest rate was 30-year fixed rate mortgage That’s up from 6.77% […]
Car Insurance Rates Skyrocketing as Vandalisms and Thefts Increase
A rise in auto-related crime and worsening inflation have caused auto insurance costs to skyrocket for ordinary Americans. There are a number of reasons for the fee increase, but one key one is the sharp increase in vandalism and theft targeting car owners, with much of the car crime being driven by President Joe Biden’s […]
Soaring UK mortgage rates have pushed 320,000 adults into poverty, thinktank says | Poverty
A leading think tank has said that 320,000 British adults have been pushed into poverty by the steepest rise in mortgage costs since the 1980s. The Institute for Fiscal Studies (IFS) highlighted the damage caused by the UK’s mortgage time bomb, saying individuals who have had to renew their mortgage or take out new borrowing […]
Private student loan interest rates rise for 5- and 10-year terms
At Credible Operations, Inc. (NMLS No. 1681276, hereafter referred to as “Credible”), our goal is to give you the tools and confidence you need to improve your financial situation. While we promote products from partner financial institutions from whom we receive compensation for our services, all opinions are our own. The latest private student loan […]
This week’s personal loan rates edge up for 3- and 5-year terms
At Credible Operations, Inc. (NMLS No. 1681276, hereafter referred to as “Credible”), our goal is to give you the tools and confidence you need to improve your financial situation. While we promote products from partner financial institutions from whom we receive compensation for our services, all opinions are our own. We provide weekly updates on […]
Regional bank growth is being impeded by higher rates – Yahoo Finance
Along with major banks, regional banks are also announcing their quarterly financial results. The bank has forecast that its net interest income (NII) will decrease. Rising interest rates have stifled lending activity this year, forcing regional banks to focus on retaining customers, pushing up deposit costs as a result. Additionally, Comerica (CMA) is facing an […]
Mortgage rates lower as talk of interest rate cuts intensify: Freddie Mac
Mortgage rates are falling, but borrowers are hesitant in hopes that rates will fall further. (iStock) Mortgage rates fell further this week on reassurance that strong economic data and favorable inflation reports may finally lead the Federal Reserve to cut rates. According to Freddie Mac’s latest report, the average 30-year fixed-rate mortgage for the week […]
This week’s personal loan rates edge up for 3-year terms, while 5-year rates fall
At Credible Operations, Inc. (NMLS No. 1681276, hereafter referred to as “Credible”), our goal is to give you the tools and confidence you need to improve your financial situation. While we promote products from partner financial institutions from whom we receive compensation for our services, all opinions are our own. We provide weekly updates on […]
US should raise taxes, wait until late 2024 to cut rates: IMF
The International Monetary Fund said Thursday that the Federal Reserve should not cut interest rates until “late 2024” and that the government needs to raise taxes to rein in the growing federal debt, including on households earning less than $400,000 a year, as defined by President Biden. The prescription is set out in a detailed […]