The national average 30-year fixed mortgage rate rose to 7.14% on May 22, 2025, according to data from Zillow. That’s an increase of 13 basis points from last week’s average of 7.01%, continuing an upward trend in borrowing costs that began earlier this spring. Latest mortgage rates as of May 22, 2025 Here’s how today’s
Despite the financial stress of Golden State life, Californians are relatively good at paying bills compared with the rest of the nation. Take student loans. In the first quarter of 2025, 18% of California student loans were late. That may seem like a stunningly high rate of skipped payments, but it’s the 10th lowest delinquency
Despite the financial stress of Golden State life, Californians are relatively good at paying bills compared with the rest of the nation. Take student loans. In the first quarter of 2025, 18% of California student loans were late. That may seem like a stunningly high rate of skipped payments, but it’s the 10th lowest delinquency
Any compensation payout will be made automatically, but the consumer champion urged people to ‘get ahead of the queue’. 10:22, 21 May 2025Updated 11:12, 21 May 2025 Martin Lewis presenting a summer special of Money Show Live from Bristol.(Image: ITV) The Martin Lewis Money Show Live returned to TV screens on Tuesday for an hour-long
Founded in 2012, online lender Longbridge Financial is the third-largest provider of reverse mortgages in the U.S. As of February 2025, it’s approved more than $94 million in loans. Longbridge stands out for its lower rates and robust digital presence, which includes a reverse mortgage calculator and an easy-to-use servicing portal. Longbridge is a particularly
Founded in 2018 by SoFi’s Mike Cagney, fin-tech startup Figure is one of the largest providers of home equity lines of credit (HELOCs) in the U.S, with more than $14 billion lent to over 200,000 households. We love Figure’s speed and efficiency: Customers can get approved in as little as five minutes and get funding in as
NEW YORK — Between collections resuming, courts blocking student loan programs and layoffs at the Education Department, borrowers might be confused about the status of their student loans. Recently, the Education Department announced it would start involuntary collections on defaulted loans, meaning the roughly 5.3 million borrowers who are in default could have their wages
NEW YORK (AP) — Between collections resuming, courts blocking student loan programs and layoffs at the Education Department, borrowers might be confused about the status of their student loans. Recently, the Education Department announced it would start involuntary collections on defaulted loans, meaning the roughly 5.3 million borrowers who are in default could have their
Billionaire investor Warren Buffett’s Berkshire Hathaway heavily sold banking shares in Q1, according to a 13f filing with the US Securities and Exchange Commission. The Oracle of Omaha sold all shares of Brazilian bank Nu Holdings, which has its own crypto platform. He disposed of 40.18 million shares of the bank during the quarter that
Mortgage rates jumped significantly on May 15, 2025, with the average 30-year fixed-rate mortgage now sitting at 6.90%. That’s a 1.47% increase from last week, according to data from the Mortgage Research Center. This rate hike marks one of the largest week-over-week increases in 2025 and could impact affordability for buyers and homeowners considering refinancing.