WASHINGTON — The U.S. Education Department is handing off a portion of its student loan portfolio to the Treasury Department, a first step toward shedding management of all student loans as Trump administration officials dismantle the federal education agency. Under an agreement announced Thursday, the Treasury Department will take over management of student loans whose … Read more
Mortgage rates in the U.S. jumped this week to the highest level in three months, as the Iran war fans inflation fears and puts pressure on the U.S. housing market. The 30-year fixed mortgage rate rose to 6.22% in the week ending March 19, up from 6.11% the previous week, according to Freddie Mac. Economists note that … Read more
NEWYou can now listen to Fox News articles! FIRST ON FOX: Taxpayers are seeing an average refund above $3,700 halfway through the filing season, and the Trump administration is pointing to its new tax breaks as a driver of higher take-home pay. Treasury figures reviewed by Fox News Digital show the IRS has processed nearly 63.5 … Read more