The real estate market in 2023 faces a major challenge - record high mortgage rates that are pricing many prospective buyers out of homeownership. In this comprehensive guide, you'll learn why rates are so high, how it impacts housing affordability, who is most affected, and...
Unexpected car repairs can put a major dent in your budget. One minute, you're driving down the road, and the next, your car is sputtering and stalling, warning lights are flashing, or you've got a flat tire. Now, you're facing a hefty auto shop bill...
Debt is a growing problem for many people today. If you're struggling under the load of debt, you may be tempted by the idea of taking out a personal loan to consolidate what you owe into one manageable payment. However, you are probably asking yourself:...
Last week brought a major milestone for interest rates as the yield on the 10-year US Treasury bond eclipsed 5% for the first time since 2011. This has immense implications for consumers and investors that warrant close attention. What is the US 10-Year Treasury Bond Yield? The...
Your credit score is a three-digit number that provides insight into your financial trustworthiness and repayment history. Lenders use it to evaluate the risk of lending money to you. The higher your score, the more likely you are to be approved for credit and receive...
A personal loan might not be the most popular lending product to come to mind. Yet, the industry is changing rapidly, outpacing mortgage rates and auto loan growth. So far, in 2023, the personal loan percentage growth rate has increased by 11.48%, according to data. Compared to...
