Personal finance

Current mortgage rates jump to 3.01% | Personal finance

“Mortgage rates rose on all types of loans this week as the 10-year US Treasury yield hit its highest level since June,” Sam Khater, chief economist at Freddie Mac, said in a statement. “Many factors have led to this increase, including the Federal Reserve communicating that it would reduce its support for capital markets, widening […]

Personal finance

Dollar Scholar asks: Can credit cards prohibit certain purchases? | Personal finance

“The risk they see is facilitating an illegal transaction,” says Shipper. “I don’t know if there are any [dispensary] locations can really accept credit cards or whatever today. They manage a lot of money because the networks are suspicious of these companies. “ Gambling purchases and transactions in sanctioned countries like Iran and Syria are […]

Personal finance

Parents in debt to students want a recovery | Personal finance

“Everyone wants to do everything they can for their children; there is a natural tendency to give your kids what they want, ”says Nancy Goodman, founder and executive director of College Money Matters, a nonprofit organization that helps families make academic decisions. “Many parents have also accepted the idea that a college degree is a […]

Personal finance

4 Common Debt Consolidation Mistakes And How To Avoid Them Personal finance

Getty Images Jackie veling If you have accumulated multiple forms of debt, such as credit cards, medical bills, or personal loans, you may be considering consolidation. Debt consolidation involves consolidating your debts into one payment, usually with a consolidation loan. Not only does this simplify your debt, but if you qualify for a rate low […]