Latest Personal loans News

US long-term mortgage rates relatively flat this week

Dec. 02, 2021 10:19 AM EST

SILVER SPRING, Md. (AP) — The average interest rate for long-term mortgages in the U.S. remained flat this week, following the Federal Reserve suggesting that it would start tightening credit by raising its benchmark rate. Mortgage buyer Freddie Mac reported Thursday...

County executive accused of stealing campaign funds

Dec. 01, 2021 14:58 PM EST

ALBANY, N.Y. (AP) — A New York county executive was arrested Wednesday on allegations that he stole $3,500 in campaign funds to pay off his personal debts, Attorney General Letitia James said. Rensselaer County Executive Steve McLaughlin, 58, faces a maximum sentence of...

US mortgage rates mixed: 30-year unchanged at 3.1%

Nov. 24, 2021 11:12 AM EST

WASHINGTON (AP) — U.S. mortgage rates were mixed this week. The average rate on the benchmark 30-year, fixed rate home loan was unchanged from last week at 3.1%; a year ago, it stood at 2.72%. Fifteen-year, fixed rate mortgage rates blipped up to 2.42% from 2.39% last...

US average 30-year mortgage rate back up over 3% this week

Nov. 18, 2021 10:07 AM EST

SILVER SPRING, Md. (AP) — The average long-term U.S. mortgage rate rose this week, with the main 30-year rate inching back up over 3%. Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year benchmark home loan jumped to a still-low 3.1% from...

New program helps families get homes in rising market

Nov. 13, 2021 08:17 AM EST

OGDEN, Utah (AP) — As things stood, Abby Reader, a junior high music teacher, figured she and her family would be renting long into the indefinite future. She and her husband, Kevin, living in a rental that was too small for their growing family, had been hoping to get...

US average long-term mortgage rates fall; 30-year at 2.98%

Nov. 10, 2021 14:10 PM EST

WASHINGTON (AP) — Average long-term mortgage rates in the U.S. fell this week, as the key 30-year rate again retreated below the 3% mark. Mortgage buyer Freddie Mac reported Wednesday that the average rate on the benchmark home loan declined to 2.98% from 3.09% last...

Average US long-term mortgage rate ticks back down this week

Nov. 04, 2021 10:02 AM EDT

SILVER SPRING, Md. (AP) — The average long-term mortgage rate in the U.S. ticked back down this week following several weeks of increases. Mortgage buyer Freddie Mac reported Thursday that the average rate for a 30-year mortgage fell to 3.09% from 3.14% last week. Last...

Care about your credit score? Get strategic with card limits

Nov. 03, 2021 07:01 AM EDT

If you have credit cards in your wallet, you might track your balances to keep your budget in check, but knowing each card’s credit limit off the top of your head is another story. However, actively managing how much of your credit limits you are using — also known as your credit...

Groups erase some probation debt in Mississippi, Florida

Oct. 30, 2021 16:08 PM EDT

JACKSON, Miss. (AP) — A nonprofit group and a debtors' union have bought and erased private probation debt for about 20,500 people in Mississippi and Florida, sending letters that told them the news and sharply criticized “abusive debt collectors.” The nonprofit...

Candidates fail to turn in mandatory financial reports

Oct. 29, 2021 18:09 PM EDT

GAINESVILLE, Fla. (AP) — Scores of political challengers running for Congress across Florida have failed to successfully file financial reports in Washington that would publicly reveal key details about their personal wealth, debts and jobs, as required by the U.S. House. ...