Inflation lingers, but will interest rate change?
If you’re hoping for an interest rate cut from the Fed today, don’t hold your breath.Chances of a rate cut...
archivetag:Loans
When will the next fed rate cut be? Look ahead to future FOMC meetings
Virtually no one expects the Federal Reserve to lower interest rates when officials conclude their two-day meeting Wednesday. But economists...
Federal parent plus loan rate soars for 2024-25. Time to shop around?
If you’re thinking about taking out a federal parent PLUS loan to help pay for your child’s school in the...
Another $7 billion OK’d this month
Student loan borrowers should keep eyes on their accounts in the coming months as the Biden administration pushes forward with...
Biden administration gave $16 billion to HBCUs. How has it been spent?
The Biden administration recently announced that it has invested a record $16 billion in historically Black colleges and universities over...
Relief from high mortgage rates isn’t coming soon, experts say
If you expected lower mortgage rates to make buying a home slightly cheaper this spring, consider your hopes dashed, experts...
Interest rates stay unchanged; no hint on cuts
WASHINGTON--The Federal Reserve held its key interest rate steady again Wednesday and gave no signal that it plans to lower it anytime...
New FAFSA rules open up ‘grandparent loophole’ that boosts 529 plans
The 529 education savings plan got a couple of big upgrades in 2024 as a tool to save and pay...
Average 30-year fixed mortgage rates to increase as inflation persists
Average 30-year fixed mortgage rates in the U.S. continue to climb after passing 7% earlier this month, according to market...
Why now is the time to rent, not own
Generations of consumers have embraced homeownership as part of the American dream. Lately, though, it looks more like a pipe...
