Bank of America CEO on what's contributing to market volatility
Bank of America CEO Brian Moynihan argues geopolitical events and the Federal Reserve's efforts to curb soaring inflation are contributing to the recent turbulence.
Biden administration cancels another $415M in student loan debt: Do you qualify?
Nearly 16,000 borrowers will receive $415 million in student loan cancellation after the Education Department approved a round of borrower defense claims on Feb. 16.
What’s the average cost of tuition for colleges in the U.S.?
The average cost of tuition for colleges has risen in the last 10 years. Your costs will depend on where you go to school and whether it’s public or private.
Bank of America CEO on cyberattacks, market volatility
Bank of America CEO Brian Moynihan argues geopolitical events and supply chain issues are creating 'additional uncertainty,' but notes that overall the U.S. economy is strong based on consumer spending, low unemployment and wage growth.
5 ways to improve your credit score in 2022
Building your credit history can be as simple as checking your credit report for errors and improving your on-time payment history.
How much can you borrow in student loans?
Wondering how much you can get in student loans? It depends on the type of loan, your year in school, and other factors. Learn more.
Today's 20-year mortgage rates continue holding below 4% | Feb. 23, 2022
Check out the mortgage rates for Feb. 23, 2022, which are trending up from yesterday.
Today’s 15-year mortgage refinance rates hold at money-saving levels for 4th straight day | Feb. 23, 2022
Check out the mortgage refinancing rates for Feb. 23, 2022, which are mostly up from yesterday.
Half of Americans expect lower tax refunds this year, survey says
Half of Americans are expecting lower refunds this tax season, and many lower income earners are unsure if they will receive refunds at all, according to a recent survey.
Average mortgage loan size holds near record despite 4% rates
Mortgage rates continue to climb, putting a damper on interest in mortgage applications.
Electric vehicle sales hit record high in 2021, KBB reports
EV sales increased 72% year-over-year, according to KBB, but there are some important costs of EV ownership that drivers should consider.
I cosigned my daughter’s private student loan. Am I on the hook if she declares bankruptcy?
The Credible Money Coach shares information on a cosigner’s liability when a borrower declares bankruptcy.
Home equity sees largest December monthly growth in history, data shows
Home equity surged at the end of 2021, hitting its highest monthly increase for any December on record, data showed. Here's how homeowners can tap into their equity.
Do you have to claim student loans on your taxes?
You don’t have to report student loans on your tax return. In fact, getting an education is more likely to result in a tax break than a tax bill.
Today’s 30-year mortgage refinance rates continue to linger below 4% | Feb. 22, 2022
Check out the mortgage refinancing rates for Feb. 22, 2022, which are largely unchanged from last Friday.
Today's mortgage rates: 30-year rates hold below 4% for third straight day | Feb. 22, 2022
Check out the mortgage rates for Feb. 22, 2022, which are largely unchanged from last Friday.
Most Americans optimistic about their finances in 2022 despite inflation, survey says
A new survey from Ally Bank found that consumers are optimistic about meeting their long-term financial goals despite the effects of inflation.
Social Security retirement age stops changing in 2022: What to know
There is good and bad news for older Americans: The Social Security full retirement age increased again in 2022 for some individuals – but it marks the last year that the age will change.
IRS will allow taxpayers to skip facial recognition after privacy backlash
The Internal Revenue Service said Monday that it will allow taxpayers to opt-out of using facial recognition software to verify their identity and access their online accounts as the agency tries to quell widespread backlash.
What you need to know about the mortgage interest deduction
The mortgage interest deduction allows homeowners to reduce their taxable income by the amount of interest paid on the loan. Learn more.