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Use these five helpful strategies to pay off debt faster, easier, and without any added financial stress. (iStock) The coronavirus pandemic has dramatically impacted the average American’s finances, both positively and negatively. Though many men and women were able to reduce their credit card debt in 2020, many others still struggle under the weight of substantial debt from student loans, […]
Read moreCheck out the mortgage refinancing rates for June 18, 2021, which are a mixed bag from yesterday. (iStock) Based on data compiled by Credible, current mortgage refinance rates have dropped across the longest terms and held steady over the shortest terms. After yesterday’s increases across all terms, 30-year refinance rates are again below 3.000% and 20-year mortgage rates have also […]
Read moreAfter reporting decreases in first-time claims for U.S. unemployment benefits for six straight weeks, the Labor Department released a report on Thursday showing an unexpected uptick in initial jobless claims in the week ended June 12th. The report said initial jobless claims rose to 412,000, an increase of 37,000 from the previous week’s revised level of 375,000. The increase surprised […]
Read moreCheck yourself if you want to ensure your loan application is approved. (iStock) When the Federal Reserve lowered interest rates to near 0% last year, mortgage rates followed suit. The average 30-year fixed-rate mortgage hit 2.65% at its lowest, and the average 15-year fixed-rate mortgage bottomed out at 2.16%. At publication, the 30-year FRM sat at 2.96%, and 15-year FRMs […]
Read moreCheck out the mortgage rates for June 17, 2021, which are trending up from yesterday. (iStock) Based on data compiled by Credible, mortgage rates have risen since yesterday. 30-year fixed mortgage rates: 3.000%, up from 2.750%, +0.250 20-year fixed mortgage rates: 2.750%, unchanged 15-year fixed mortgage rates: 2.125%, up from 2.000%, +0.125 10-year fixed mortgage rates: 2.125%, up from 2.000%, […]
Read morePolice killings of civilians have become a huge topic of debate, argument, passion and trials, as well as a regular part of the media coverage of American life. The divide over which police killings are justified is often part of the investigation and prosecution of police officers. The regularity of police shootings has even gained the attention of the widely […]
Read moreMore On: unemployment Fed weighs cutting stimulus amid recovery, inflation concerns Nigeria’s president tells youth to ‘behave’ if they want jobs Half of pandemic unemployment money reportedly may have been stolen US adds just 559K jobs as Biden finally promises to end $300-a-week benefit Over 3.5 million Americans are still on traditional state unemployment benefits as the number of Americans […]
Read moreBusiness inventories in the U.S. saw a modest decrease in the month of April, according to a report released by the Commerce Department on Tuesday. The report said business inventories slipped by 0.2 percent in April after inching up by a downwardly revised 0.2 percent in March. Economists had expected business inventories to edge down by 0.1 percent compared to […]
Read moreEducation levels are among the best predictors of job compensation later in life. People with less than high school degrees are paid less than those with a high school diploma. People with bachelor’s degrees tend to be paid better than those who graduated high school. Quality educations are often better in affluent areas. Poor cities tend to educate young people […]
Read moreWill retail investors get a fairer shake on Wall Street? Reddit investors demand more transparency and a level playing field on trading; former SEC defense attorney Lisa Braganca weighs in on efforts to change rules that favor ‘large institutional players.’ U.S. retail sales dropped more than expected in May, with spending rotating back to services from goods as vaccinations allow […]
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