If you’re carrying a revolving credit card balance, lowering your cards’ rates should be top of mind right now. Anastassiya Bezhekeneva/Getty Images It’s not a great time to be a credit card borrower. The typical consumer now carries a card balance of $6,577, according to TransUnion. And with the average credit card rate sitting at … Read more
Mortgage rates aren’t set in stone, meaning you could snag a lower rate if you have a great credit score. jayk7/Getty Images Mortgage rates have finally settled in. After a volatile end to 2025 — and an uncertain start to 2026 — mortgage rate fluctuations have started to mellow out. While minor changes have occurred, … Read more
The Federal Reserve’s rate decisions are just one of many factors that impact where mortgage rates head next. sommart/Getty Images Mortgage rates have changed a lot over the past year, and were especially volatile from late 2025 through the first half of 2026. Case in point? The average 30-year fixed rate dropped to 5.98% in … Read more
Rising inflation has had a detrimental impact on the mortgage interest rate climate. PM Images/Getty Images The mortgage interest rate climate has certainly been an interesting one to monitor over the past 18 months, with buyers and owners hoping to refinance experiencing significant frustration. After declining by around a full percentage point in 2025, mortgage … Read more
The Federal Reserve’s preferred inflation gauge climbed to 4.1% in May, its highest level in more than three years. Greg Robb, economics editor at MarketWatch, joins with analysis. Source link
A closely watched inflation report is set to reveal how much price growth picked up in May — and whether many American consumers remain mired in an affordability crunch. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. Wall Street forecasters expected the pace of personal consumption expenditures … Read more
Several dozen states could have to fork over millions of dollars to provide food aid to lower-income residents, if they don’t cut down on payment errors in the Supplemental Nutrition Assistance Program. Nine states, meanwhile, won’t have to pay a penny toward SNAP benefits, because their error rates are so low that they won an … Read more
Mortgage interest rates could drop again this July if certain market conditions change. Surasak Suwanmake/Getty Images June was certainly an eventful month in the interest rate environment. A report released on June 10 showed inflation surging in May past 4%, bringing it to its highest level in more than three years. And a Federal Reserve … Read more
Cancer death rates in the U.S. have dropped dramatically in the past 35 years, falling by 35%, according to a report from the American Association for Cancer Research published Wednesday. The decline, which translates to nearly 5 million fewer cancer deaths since 1991, has been driven in large part by increased screening and advances in … Read more
WASHINGTON — The Federal Reserve has for decades moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent institution willing to explain how it makes decisions and what it thinks about the economy. But in his first press conference Wednesday, new chair Kevin Warsh … Read more