Mortgage rates push higher with no relief in sight: Freddie Mac
As mortgage rates remain high, homebuyers are looking for ways to lower costs. (iStock) The Federal Reserve is unlikely to reverse its restrictive policy stance anytime soon, pushing mortgage rates further into the 7% range, according to Freddie Mac. The average interest rate on a 30-year fixed-rate mortgage for the week ending May 2 was […]
Asia FX sees some relief as dollar retreats, yen at 34-year lows – Investing.com
Investing.com — Most Asian currencies rose slightly on Wednesday as a weaker dollar brought some relief to regional markets, although the Japanese yen continued to underperform despite concerns about government intervention. The dollar retreated further from recent five-month highs this week as some Purchasing Managers Index data were weak. But persistent bets on longer U.S. […]
Paxton asks Texas’s high court for ’emergency’ action on poverty relief program
Texas Attorney General Ken Paxton (R) is betting on third time’s charm in his campaign to block a guaranteed basic income program in the Houston area. On Tuesday, Paxton’s office filed an emergency petition with the Texas Supreme Court asking a judge to block Harris County’s basic income program, Uplift Harris. “Harris County officials cannot […]
Many student loan borrowers missing opportunity to find debt relief in SAVE plan: survey
A recent survey shows that many student loan borrowers are still unaware of the benefits of income-based repayment plans. (iStock) According to a recent Student Debt Crisis Center (SDCC) report, many borrowers currently struggling to pay their student loans would benefit from enrolling in an income-based repayment plan. investigation. According to the survey, about three […]
Biden’s new student debt relief plan estimated to cost $84B: Penn analysis
President Biden’s new student debt relief plan is estimated to cost about $84 billion if implemented, according to a Penn Wharton budget model released Thursday. The model analyzes five elements of Biden’s proposed plan, totaling $84.06 billion in efforts that could be implemented before the November election. The plan’s biggest cost is Biden’s proposal to […]
Biden seizes on student debt relief amid worries about young voters
President Biden is moving forward with a “life-changing” student loan relief plan as he woos younger voters amid signs that a key voting bloc could leave the party or simply drop out in November. New NPR/NewsHour/Marist poll A poll released last week found former President Trump holds a two-point lead over Biden among Millennial and […]
Maryland lawmakers focus on bridge collapse relief as legislative session closes
The Democratic-controlled Maryland General Assembly moved forward with major legislation on Monday as the current legislative session draws to a close. Lawmakers’ top priority was measures aimed at assisting port workers affected by the collapse of the Francis Scott Key Bridge in Baltimore. “One of Cine Die’s top priorities is to pass port legislation that […]
Biden Announces Another Student Debt Relief Plan For Borrowers In Time Before Election
(Photo by STEFANI REYNOLDS/AFP via Getty Images) OAN’s Brooke Mallory12:01 PM – Monday, April 8, 2023 If approved, new student loan policies announced by the Biden administration on Monday would provide debt forgiveness for millions of Americans. advertisement but, edworkforce.house.gov “There is no such thing as ‘forgiveness,’ and student loan debt never disappears and remains […]
Madison Redirected $700,000 In COVID Relief Funds To Illegal Immigrants, Probe Finds
The blue city of Madison, Wisconsin, funneled hundreds of thousands of dollars in COVID-19 relief funds to illegal immigrants, according to the Institute for Reforming Government (IRG). The funds were appropriated by the federal government to Madison’s State and Local Fiscal Recovery Funds (SLFRF) and intended to aid city residents in recovering from the coronavirus […]
Taxpayer dollars earmarked for COVID relief went to services for illegal migrants in Dem-run city: Report
The city of Madison, Wisconsin, used taxpayer dollars earmarked for the city’s emergency COVID-19 relief package. Fund services for illegal immigrantsaccording to a recent study conducted by the Institute for Government Reform’s Investigation and Monitoring Center. IRG’s reportwas announced Thursday, revealing that the city has approved a “$700,000 budget for ‘illegal alien services.’” letter State […]