May 13, 2024
Finance

Chime Users Who Closed Accounts Could Get Up to $150

If you closed a Chime checking or savings account after Jan. 1, 2018, and didn’t get your remaining account balance within 14 days, the fintech company may owe you up to $150.  Thousands of Chime customers who closed accounts waited three months or longer to get their refund, according to the Consumer Financial Protection Bureau.

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Loans

Student Loan Forgiveness: Here’s What to Do if You Missed the Loan Consolidation Deadline

The path to student loan forgiveness has been tumultuous at best, and some borrowers eligible for relief may have missed a key deadline to consolidate their student loans. Borrowers had until April 30, 2024, to consolidate their federal student loans into one Direct Loan to help maximize their student debt relief. While you can still

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Mortgage

Rates Climb for Home Loan Borrowers: Mortgage Rates for May 2, 2024

The average interest rate for a standard 30-year fixed mortgage is 7.37% today, an increase of 0.08% from seven days ago. The average rate for a 15-year fixed mortgage is 6.73%, which is an increase of 0.06% . For a look at mortgage rate movement, see the chart below. Today’s average mortgage rates Mortgage Refinance

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Loans

Complete Guide to Mortgages: What Type of Home Loan Is Best for You?

When you’re shopping for a home, you’ll be making many decisions, from the price of the house you can afford to the neighborhood you want to live in. Another important decision is the type and length of your mortgage. There are several types of mortgages, each offering unique characteristics and benefits. The right type of

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Mortgage

Mortgage Rates Increase for Prospective Buyers: Mortgage Rates for May 1, 2024

The average rate for a 30-year fixed-mortgage is 7.36% today, up 0.07% over the last week. The average rate for a 15-year fixed mortgage is 6.79%, which is an increase of 0.07% since last week. For a look at mortgage rate movement, see the chart below.   Today’s average mortgage rates Mortgage Refinance Today’s average

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Loans

Do You Qualify for the New Student Loan Forgiveness Plan?

Key takeaways: The Department of Education published a first draft of the White House’s newest student debt relief plan rules on April 16. The administration’s latest student loan forgiveness plan could wipe out balances for 25 million borrowers. Millions could see their debt automatically canceled as soon as this fall. The White House announced a

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Mortgage

Where Did All the Houses Go? How a Housing Shortage Is Driving Up Home Prices

Depending on who you ask, the biggest obstacle for homebuyers is either mortgage rates, home prices or inventory. Or often all three.   I’ve been writing about how steep mortgage rates negatively impact affordability for the average borrower, but I was curious to explore the impact of today’s housing shortage.  In a balanced housing market, there

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