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Borrowers, especially the young, struggle with credit card debt in potentially bad sign for economy...
The Daily Record· 4 hours agoConsumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer spending. A year ago severe ...
Today's mortgage rates rise for 30-year terms while 15-year rates hold steady | May 24, 2024
FOX Business· 5 hours agoThe interest rate on a 30-year fixed-rate mortgage is 6.990% as of May 24, which is 0.115 percentage...
Bankrate’s 2024 Credit Card Debt Report
Bankrate via Yahoo Finance· 2 days agoRead on for a snapshot of Americans’ attitudes and habits on credit card debt. Bankrate will update this page throughout the year with the latest data...
How to pay off credit card debt in a year (or less)
CBS News· 2 days agoThe agency indicated earlier in the year that it would likely reduce the federal funds rate in 2024, but for now, it remains at a 23-year high. The...
As more Californians fall behind in making debt payments, one group stands out
LA Times via Yahoo Finance· 30 minutes agoStubbornly high inflation and interest rates are taking an increasing toll in California. New data...
Pound surges as summer rate cut hopes vanish
The Telegraph via Yahoo Finance· 2 hours agoEuropean and US indexes have rallied to new records in recent days thanks to solid first quarter earnings by companies and their positive outlook despite...
High Mortgage Rates To Dampen Home Sales, Though Slight Recovery Expected, Says Fannie Mae
Benzinga via Yahoo Finance· 42 minutes agoFannie Mae’s Economic and Strategic Research Group has adjusted its outlook for the U.S. housing...
As the election nears, Biden pushes a slew of rules on the environment and other priorities
Odessa American· 2 hours agoWASHINGTON As he tries to secure his legacy, President Joe Biden has unleashed a flurry of election ...
Interest on Federal Student Loans Is Rising to 6.53%
New York Times· 6 hours agoThe rate for undergraduate loans is up from 5.5 percent this past school year and higher than it has been in more than a decade. Now, students and families have more to worry ...
Treasury Bills Are the Best Place to Park Your Cash. Just Ask Warren Buffett.
Barrons.com· 5 hours agoFor a while now, Treasuries with maturities of a year or less, known as T-bills, have offered more...