Latest Personal finance News

Insurance premiums fall as New Mexico prepares new subsidies

Sep. 23, 2021 20:47 PM EDT

SANTA FE, N.M. (AP) — Health care access is getting substantially less expensive for consumers on the state's health insurance exchange through a combination of federal pandemic relief, a growing pool of subscribers and — coming soon — proceeds from a new state tax, insurance regulators...

Advocates urge NY to boost $2B fund for undocumented workers

Sep. 23, 2021 19:02 PM EDT

ALBANY, N.Y. (AP) — New York might be on track to exhaust its $2.1 billion pandemic relief fund for undocumented workers, just weeks after it began accepting applications. Advocacy groups for immigrant workers are calling on the state to add as much as $1.4 billion to...

Democrats see tax 'framework' to pay for huge $3.5T package

Sep. 23, 2021 18:08 PM EDT

WASHINGTON (AP) — The White House and congressional Democrats have agreed to a framework of options to pay for their huge, emerging social and environment bill, top Democrats said Thursday. Now they face the daunting task of narrowing the menu to tax possibilities they can pass to fund...

US long-term mortgage rates up slightly; 30-year at 2.88%

Sep. 23, 2021 14:19 PM EDT

WASHINGTON (AP) — Average long-term mortgage rates rose slightly this week continuing a months-long trend of little movement. They remained under 3%. Mortgage buyer Freddie Mac reported Thursday that the average rate for a 30-year mortgage edged up to 2.88% from 2.86%...

Boy Scouts' bankruptcy creates rift with religious partners

Sep. 23, 2021 10:42 AM EDT

NEW YORK (AP) — Amid the Boy Scouts of America’s complex bankruptcy case, there is worsening friction between the BSA and the major religious groups that help it run thousands of scout units. At issue: the churches’ fears that an eventual settlement — while protecting the BSA from...

Fund pays back tax debt of 1,600 Detroit homeowners

Sep. 23, 2021 09:33 AM EDT

DETROIT (AP) — About 1,600 homeowners have had their back taxes paid through a program designed to preserve wealth and home equity in Detroit while helping families achieve financial independence. Another 3,250 Detroit homeowners also are in the Detroit Tax Relief Fund...

After Northeast flooding, insurance woes swamp residents

Sep. 23, 2021 01:11 AM EDT

NEW YORK (AP) — After being pummeled by two tropical storms that submerged basements, cracked home foundations and destroyed belongings, Northeastern U.S. residents still in the throes of recovery are being hit with another unexpected blow: Thousands of families are now swamped with...

Existing US home sales fell in August, price growth slows

Sep. 22, 2021 13:15 PM EDT

Sales of previously occupied U.S. homes fell in August and prices that have been soaring eased, the latest sign the housing market is cooling as intense competition leaves many would-be buyers on the sidelines. Existing homes sales fell 2% last month from July to a...

4 workarounds to book your fall vacation rental with points

Sep. 22, 2021 07:52 AM EDT

Even before the pandemic, home booking sites like Airbnb and Vrbo were becoming increasingly popular with travelers. The opportunity to have a homelike experience, complete with full kitchen, extra living space and local flavor, was more appealing than a standard hotel room for many. ...

Judge begins key hearing on Boy Scouts bankruptcy plan

Sep. 21, 2021 18:32 PM EDT

DOVER, Del. (AP) — A Delaware judge on Tuesday began a key hearing that could determine whether the Boy Scouts of America can emerge from bankruptcy later this year with a reorganization plan that would compensate thousands of men who say they were sexually abused as children. ...