No relief for seniors as big drop forecasted for Social Security COLA
Early estimates for Social Security benefits and cost of living adjustments are low as inflation slows, but seniors struggle to make ends meet.
Nearly 40% of Americans say they are behind on monthly bills: survey
The survey by LendingTree suggests that many people in the U.S. may still be struggling amid ongoing, high inflation.
1 in 5 homeowners thinking of selling in the near future: Zillow
Certain states are seeing an uptick in listing as more homeowners are considering selling.
Student loan borrowers facing financial hardship may qualify for Biden’s new round of debt relief
Student loan borrowers dealing with serious financial hardship may qualify for Biden's new round of student loan forgiveness.
Some student loan borrowers are boycotting payments, but the risk is high: survey
Six in 10 student loan borrowers have missed payments since the student loan payment pause ended in October after a 42-month payment and interest accrual pause, a recent Intelligent.com survey said.
Mortgage interest rates jumped up this week, along with prices: Freddie Mac
Mortgage interest rates for 30-year mortgages rose to 6.77% this week, up from 6.64% last week.
US Department of Education supports colleges and students amid FAFSA delays
The U.S. Department of Education is stepping in to support colleges in sending out financial aid awards sooner to students after an inflation fix to the new FAFSA form delayed the timeline.
Homebuyers feel good about where mortgage rates are headed: Fannie Mae
Fannie Mae survey said that homebuyers feel better about mortgage rates but still don't think now is a good time to buy a home.
Consumers bought more secondhand items in 2023, but major purchases are back for 2024
Consumers were thrifty with their spending in 2023, but major purchases like homes and vehicles are expected to rise in 2024.
Millennials are desperate to buy a home, most willing to pay a mortgage rate above 7 percent: survey
Affordability challenges aside, 78% of millennial respondents in a recent Real Estate Witch survey still believe in the dream of homeownership.
U.S. raises are trending down this year as the job market cools
Employers are planning to raise wages by 4%, on average this year, higher than 2021, but lower than 2023.
Homeowners’ monthly mortgage payments dropped to lowest rate in years
Buyers are more optimistic about homebuying as average monthly mortgage payments drop to their lowest level in years.
US home prices hit a new record high in November
US home prices rise again in November as inventory shortage persists
It's the first 'official' day of tax filing season
Monday is the first "official" day of tax filing season, and Jackson Hewitt General Manager Doug Preble is here to share some tips and what you should know ahead of filing. The deadline is April 15, but taxpayers shouldn't wait to file.
IRS launches its free-filing pilot program in 12 US states
With tax season kicking off Monday, the IRS is rolling out a new online option for filing your 2023 returns. Here's how it works.
US fourth quarter GDP beats expectations and recession odds
Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.
AI and your finances
Artificial Intelligence (AI) is increasingly being used for various purposes, including financial planning and management. Bankrate Analyst James Royal explains.
Only half of U.S. credit card consumers believe they can pay off their December balance in full, survey finds
As we kick off 2024, a recent LendingTree survey reveals cardholders are dreading the reality of paying their monthly statement balance.
Homeowners insurance rates on the rise, mainly due to increase in natural disasters
Homeowners insurance rates on the rise across the country, with climate change being a contributing factor.
Here's how you can make your 2024 financial goals a reality
Higher living costs are why Americans think it will be more challenging to meet financial goals next year, but many are taking steps to make sure they don't miss the mark, a recent survey said.