Student Loan Borrowers Don’t Deserve ‘Forgiveness.’ They Deserve an Apology.

Still not convinced that the nation should ask debtors for absolution, and not the other way around? Consider the facts. First, there’s the Free Application for Financial Aid, or FAFSA,…

Here’s what the Fed’s rate hike means for borrowers, savers

The Federal Reserve raised its target federal funds rate by a quarter percentage point from near zero at the end of its two-day meeting Wednesday. The first increase in the benchmark…

Borrowers rush to get the last of the low mortgage rates

A real estate agent stands in the doorway as Giovani and Nicole Quiroz of Brooklyn, New York visit an open house in West Hempstead, New York. Raychel Brightman | Newsday…

Millions of borrowers just missed their chance to save

jayk7 | Moment | Getty Images The number of borrowers who could benefit from a mortgage refinance just dropped dramatically thanks to fast-rising interest rates. The average rate on the…

Borrowers rush to refinance, as mortgage rates drop for a second week

A property for sale in Monterey Park, California Frederic J. Brown | AFP | Getty Images Mortgage rates fell for the second straight week last week, and that helped boost…

Men tend to have higher credit limits than female borrowers

skynesher | E+ | Getty Images It’s no secret that there is a gender pay gap in the U.S. Women earned just 84% of what men made in 2020, according…

Fannie and Freddie drop mortgage refinance fee, lowering costs for borrowers

Fannie Mae and Freddie Mac are dropping a price on house loan refinances that was instituted throughout the pandemic, decreasing charges for borrowers, the Federal Housing Finance Agency explained Friday.…

Crypto analyst warns of weekend tumble, as bitcoin bull points to ‘daisy chain of borrowers and lenders’

Fundstrat International Advisors has issued a term of caution to its bitcoin and crypto investing shoppers, advising them to acquire some possibility off the table, or hedge their bets, around…

Brace yourself, here’s why inflation could create a ‘giant wealth transfer’ from lenders to borrowers

Larger price ranges for rental autos, airplane tickets and raw beef roasts have economists and people wondering no matter whether we’re residing through the commence of an inflationary period.  It…

Family Federal Education Loan Borrowers Get a Reprieve if They Have Defaulted

About a million student bank loan debtors who were left out of earlier relief efforts are getting a reprieve — but only if they defaulted on their loans. The Education…