Personal Finance

Inflation battered retirement savings in 2022

A new study by financial services giant TIAA found inflation forced 1 in 4 Americans to slash the amount they were saving for retirement last year, adding to a mounting crisis.

Mortgage rates rise, add to affordability issues

The average rate for a 30-year fixed-rate increased to 6.39%. Higher rates and low housing supply is putting affordability constraints on would-be homebuyers. But there are still ways to find the best rate.