Latest Personal loans News

Hurricane Florence, a year later: Where has the money gone?

Sep. 21, 2019 12:05 AM EDT

RALEIGH, N.C. (AP) — Tanika Outlaw was working as the food and beverage manager at the Doubletree Hotel in New Bern last September when Hurricane Florence began shoving feet of water into the city's downtown area. Ultimately, the storm flooded at least 4,325 homes and 300 businesses in New Bern, The News...

Average 30-year mortgage rate rose to 3.73%

Sep. 19, 2019 11:20 AM EDT

WASHINGTON (AP) — U.S. long-term mortgage rates shot up this week, yet they stayed close to the historic lows that appear to be helping the real estate market. Mortgage buyer Freddie Mac says the average rate on the 30-year, fixed-rate mortgage increased to 3.73% from 3.56% last week. The rate averaged...

Mortgage rates boosted US home sales 1.3% in August

Sep. 19, 2019 11:05 AM EDT

WASHINGTON (AP) — U.S. home sales rose 1.3% in August to the highest level in 17 months, as mortgage rates near historic lows have spurred a rush of home-buying. The National Association of Realtors said Thursday that homes sold last month at a seasonally adjusted annualized rate of 5.49 million units, the...

4 ways to cover college costs if financial aid isn't enough

Sep. 19, 2019 7:50 AM EDT

For 61% of students, college costs more than they expected, according to a recent survey from College Ave Student Loans conducted by Barnes & Noble College Insights. Yoselin Guzman, an 18-year-old UCLA freshman from Compton, California, can see why. "There's like little costs you don't even see," says Guzman,...

What the Fed's rate cut means for you

Sep. 18, 2019 4:03 PM EDT

The Federal Reserve has cut its benchmark interest rate again, big news for the U.S. economy but something that will likely have a muted impact on Americans' personal finances, experts say. That's because the reduction doesn't offset the increases of recent years. And as the key rate creeps closer to zero,...

Sanders-Biden feud ramps up in front of key union audience

Sep. 17, 2019 11:47 PM EDT

PHILADELPHIA (AP) — The high-stakes fight for working-class voters moved to Pennsylvania on Tuesday as a slate of Democratic White House hopefuls vowed to use the power of the presidency to crack down on corporate America and strengthen organized labor. But beneath all the agreement at the AFL-CIO...

CBS credit union manager gets 14 years for $40M embezzlement

Sep. 16, 2019 8:39 PM EDT

LOS ANGELES (AP) — The former manager of a credit union that served employees of the CBS television network has been sentenced to more than 14 years in prison for a two-decade embezzlement scheme that drained $40 million from the institution and forced it into insolvency. Edward Rostohar pleaded guilty to...

Rising lot rents squeezing out mobile home park residents

Sep. 15, 2019 1:41 PM EDT

DURANGO, Colorado (AP) — Durango resident Dave Bray has lived in the mobile home park on Animas View Drive for more than 30 years, but in the next year he plans to move out of town because of rising lot rent. "There's a lot of us that would like to live and die here. . We are getting priced right out of...

The Latest: Bill to block Trump environmental changes passes

Sep. 14, 2019 5:02 AM EDT

SACRAMENTO, Calif. (AP) — The Latest on action on the final day of the California Legislature (all times local): 1:50 a.m. California lawmakers have passed a bill aimed at blocking the Trump administration's efforts to weaken environmental laws. The state Senate voted 26-14 early Saturday to send the bill...

New trial for grandma who sued Katherine Kealoha and lost

Sep. 13, 2019 9:38 PM EDT

HONOLULU (AP) — A 100-year-old woman who sued her prosecutor granddaughter in a financial dispute and lost is getting a new trial. Florence Puana and her son Gerard Puana sued ex-prosecutor Katherine Kealoha, saying she stole money from them in a reverse mortgage scheme. A jury in 2015 sided with Kealoha...