If you’re worried about missing a mortgage payment, you’re not alone: Nearly 3% of mortgages were in some stage of delinquency in October 2023, from borrowers just 30 days overdue to those facing foreclosure. Falling behind on your home payments can be nerve-wracking, but you still have options, especially if you act early. If you can’t
A tax deduction is an amount you subtract from your income when filing taxes. It allows you to reduce your taxable income — and with it, how much you owe in taxes. If you’re a student, your student loan interest payments may be deductible, so it’s a good idea to check if you qualify for
Greg Guyett oversees a broad range of businesses as the chief executive of HSBC’s global banking and markets unit, a role he took on in October 2022, just before rivals started making deep job cuts. But he’s looking to grow most of these businesses including investment banking, securities services and transaction banking, he told Financial News in a wide-ranging interview.
Republican presidential candidate and former U.S. Ambassador to the United Nations Nikki Haley reacts while speaking about her husband, Maj. Michael Haley, who is currently deployed with the South Carolina National Guard, during a campaign stop at the Clemson University at Greenville ONE building ahead of the Republican presidential primary election in Greenville, South Carolina,
On the eve of Black History Month the Financial Education Foundation, an extension of the watchdog Financial Industry Regulatory Authority (FINRA), released a report analyzing the demographics, habits, and assumptions of investors of color—Black, Hispanic/Latino, Asian American/Pacific Islander—as well as white investors. Looking at the numbers for the Black investors, the top notes go like
When a financial emergency strikes, your business might need cash in a pinch. In such cases, it’s crucial to find a small business lender that provides a speedy application process, favorable terms and quick funding. CNBC Select compared over a dozen lenders to find the best business loans when you need access to cash in
When you’re looking for a mortgage, one of the best ways to ensure you’re getting a good deal is to compare offers from multiple lenders. Online mortgage lenders make this part of the process easier by offering an entirely digital application process. Not only will this save you time, but it can expand your options
Row of townhouses in Alexandria, Virginia Grace Cary | Moment | Getty Images “Switching to a repayment plan that has a lower monthly payment can help a borrower qualify for a mortgage,” said higher education expert Mark Kantrowitz. Half of student loan borrowers — including 60% of millennial borrowers — who haven’t yet purchased a
With home prices still elevated and loan rates only starting to come down from the two-decade high they hit in October 2023, securing a mortgage can be hard. In 2022, 9.1% of mortgage applications were denied, according to the most recent data from the Consumer Financial Protection Bureau, up from 8.3% in 2021. Lenders turn
A lender’s flexibility can be an important factor when you’re shopping around for a personal loan — especially if you don’t have good credit yet. Achieve works with borrowers with imperfect credit and offers ways to tailor your loan to your needs. It can be a solid choice for a lender, but as with any