Personal Finance

High mortgage rates and home prices are the top two reasons keeping homeowners from moving house, according to a recent survey by Point.

The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.

Check out the mortgage rates for August 31, 2023, which are mixed from yesterday.

Gross domestic product (GDP) increased in Q2 2023 and signs of a strong economy could push the Fed to raise interest rates again. This could have a major impact on consumer debt.

Home prices in 2023 have increased for months, according to the latest S&P Dow Jones data. But some major cities and overall regions have seen significant home price drops.

The latest private student loan interest rates from the Credible marketplace, updated weekly.

Check out the mortgage rates for August 30, 2023, which are mixed from yesterday.

Many Americans who used the pause on student loan payments to reduce debt may now have to reverse course, according to a recent Empower survey.

Historic low mortgage rates spurred a housing frenzy two years ago and provide a floor for how low home prices can drop today, according to Zillow.

A lack of auto repair pricing transparency could be one reason why Americans are paying up to 33% more to fix their cars since March 2020, a recent survey by Jerry said.

Check out the mortgage rates for August 29, 2023, which are mixed from yesterday.

Fed Governor Michelle Bowman said additional interest rates may be needed to lower inflation to a preferred target range. But inflation has slowed in recent months, even as Americans dealt with record-high credit card debt.

The IRS announced a delay for changes under the Secure 2.0 Act to Americans' catch-up contributions to retirement accounts, allowing those to be made on a pretax basis through 2025.