Some homebuyers face a mortgage “repayment shock.” Here are ways to save

Noel Hendrickson / Getty Images even with Signs that the housing market is coolingHomebuyers are still feeling the pinch of high prices and high interest rates. The average rate on a 30-year fixed rate mortgage is 6.7% As of Friday, up from 3.3% at the start of 2022, according to Mortgage News Daily. Alongside that, … Read more

After inflation: the timeline for lower prices and interest rates

The investment information on this page is for educational purposes only. NerdWallet does not provide advisory or brokerage services, nor does it recommend or advise investors to buy or sell specific stocks, securities or other investments. Let’s say the Fed knows what it’s doing. The central bank slows the economy with a painful streak interest … Read more

More People Spend Their Savings – Forbes Advisor

Editorial note: We earn commission from partner links on Forbes Advisor. Panels do not influence editors’ opinions or ratings. US savings accounts take a double whammy as Americans raid their accounts, but don’t renew them. Nearly half (46%) of adults say they invest and save less than usual, according to the latest Forbes Advisor-Ipsos Consumer … Read more