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Share of gig workers hit a new high in March

A new report by the Bank of America Institute found that the share of bank customers who received income from gig work hit a new high of 3.8% in March after a lull in 2023.

Mortgage rates jump again to 7.22%

Mortgage rates rose again this week, with the average 30-year fixed-rate note climbing further past 7% in another blow to the struggling housing market.