Wells Fargo & Co. confirmed Tuesday it is shrinking the size of its home-lending serving business as part of retrenching what had been the…
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Just like you can’t time the stock market, figuring out the perfect time to buy a home is hard.
Q: I’m a 71-year-old retired single woman. I have $100,000 in the bank and $700,000 in investments. I also receive my Social Security benefits monthly. I owe about $90,000 on my condo, and I have no other debts. I have one adult child who will inherit it all.
Wells Fargo has rolled out a small-dollar loan program that offers instant, automated loans received in minutes and with a fraction of the fees typically attached to payday loans. The bank joins a growing list of major financial institutions offering the alternative to the millions of people who use payday loans each year ...
Last week, the average interest rate on 10-year fixed-rate private student loans moved up. Yet for many borrowers, it could be a good time to apply for a private student loan. Rates are still relatively low. The average fixed interest rate on a 10-year private student loan was 7.52% from November 28 to December 3. […]
Rates on refinanced student loans jumped up last week. Despite the rise, if you’re interested in refinancing your student loans, you can still get a relatively low rate. According to Credible.com, from November 28 to December 3, the average fixed interest rate on a 10-year refinance loan was 6.21%. It was 3.89% on a five-year […]
Interest rates on fixed-rate mortgages could stabilize or even drift lower in December.
A Google search for “online loan” returns a list of low-interest personal loans alongside no-credit-check loans with high interest rates. The latter might not be available in many states if…
Rates on refinanced student loans moved down last week. Despite the rise, if you’re interested in refinancing your student loans, you can still get a relatively low rate. From November 21 to November 26, the average fixed interest rate on a 10-year refinance loan was 5.76% for borrowers with a credit score of 720 or […]
The average interest rate on 10-year fixed-rate private student loans dropped last week. For borrowers pursuing private loans to fill in gaps to pay for higher education expenses, rates remain relatively low for borrowers with solid credit. The average fixed interest rate on a 10-year private student loan was 7.06% from November 21 to November […]
N.C. Attorney General Josh Stein on Tuesday asked lenders to suspend payments and interest for customers who took out loans to buy still unins…
The average interest rate on 10-year fixed-rate private student loans jumped up last week. For borrowers pursuing private loans to fill in gaps to pay for higher education expenses, rates remain relatively low for borrowers with solid credit. According to Credible.com, from November 14 to November 19, the average fixed interest rate on a 10-year […]
Last week, the average interest rate on refinanced student loans dropped. Yet for many borrowers, it could still be a good time to refinance. Rates are still relatively low. According to Credible.com, from November 14 to November 19, the average fixed interest rate on a 10-year refinance loan was 5.98%. It was 4.01% on a […]
As Geri Diaz approached her 34th birthday, she knew she wanted to make a few more moves in her career before becoming a mom. She had been thinking about egg…
The sharp hike in mortgage interest rates continues to reduce the volume of loan originations in the Winston-Salem area, according to a report…
Rates on 10-year fixed-rate private student loans slipped last week. Despite the rise, if you’re interested in getting a private student loan, you can still get a relatively low rate. According to Credible.com, from November 7 to November 12, the average fixed interest rate on a 10-year private student loan was 7.62%. It was 6.12% […]
Last week, the average interest rate on refinanced student loans jumped up. Despite the rise, rates still remain relatively low, providing borrowers with an opportunity to refinance at a lower rate. According to Credible.com, from November 7 to November 12, the average fixed interest rate on a 10-year refinance loan was 6.07%. It was 3.16% […]
Government-backed mortgages can be easier to qualify for compared to conventional loans. This can make them a good choice if you have a lower income, don’t have perfect credit or can’t afford a large down payment. Some borrowers might also qualify for a lower interest rate on a government-backed loan than what they’d get with […]
Personal loan rates from banks, credit unions and online lenders are up after repeated interest rate hikes from the Federal Reserve this year, the latest of which came last week.…
Shoppers filling their carts this holiday season will likely have the option to “buy now, pay later” at checkout. Known as BNPL for short, these payment plans break up your…
Shoppers filling their carts this holiday season will likely have the option to “buy now, pay later” at checkout. Known as BNPL for short, these payment plans break up your…
If you repay a mortgage according to an amortization schedule, it means you’ll make payments in monthly installments over the life of the loan. These payments are applied to your loan principal as well as interest—usually more of your payments go toward the interest earlier in your repayment term. Most mortgages are amortized, so you’ll […]
Last week, the average interest rate on refinanced student loans inched down. Overall, rates remain low, making refinancing a student loan a worthwhile option for borrowers. For borrowers with a credit score of 720 or higher who prequalified on Credible.com’s student loan marketplace from October 31 to November 5, the average fixed interest rate on […]
The average interest rate on 10-year fixed-rate private student loans inched up last week. For borrowers pursuing private loans to fill in gaps to pay for higher education expenses, rates remain relatively low for borrowers with solid credit. From October 31 to November 5, the average fixed interest rate on a 10-year private student loan […]