[ad_1] Average mortgage interest rates were slightly lower this week as inflation data met market expectations, but hopes for a rate cut from the Federal Reserve remained dim. Mortgage rates may end up treading water until economic trends are decisive enough for Fed action to be inevitable. The average rate on the 30-year fixed-rate mortgage … Read more
[ad_1] Initial jobless claims dropped by 10,000 in the week ending May 11, according to the latest data from the U.S. Department of Labor. In the prior week, the Department of Labor reported that initial jobless claims had jumped to an eight-month high — reportedly due to a spike in claims in New York during … Read more
[ad_1] What is a bank failure? A bank failure is the closure of a bank by a government regulator generally when the bank loses the ability to pay back debts or return deposits to customers. A failed, or bankrupt, bank will have its assets, such as customer loans and investments for future profit, be worth … Read more
[ad_1] Receiving notification that you’ve won a business grant — one you don’t remember applying for — could seem like a stroke of luck. It’s not. It’s a scam. Limited access to capital can make a small-business owner especially vulnerable to grant scams, according to Carolina Martinez, CEO of Cameo, a California-based microbusiness network. Only … Read more
[ad_1] Pizza is a global food synonymous with game nights, parties and just about any other occasion. When you opt to have pizza delivered to you, there is usually an option to tip the delivery person online or in person. At this point things can get awkward, because how much is an acceptable tip to … Read more
[ad_1] Commercial real estate loans, also referred to as commercial mortgages, are small-business loans that are used to acquire commercial properties like office buildings, restaurants, storefronts or warehouses. They are available through traditional lenders like banks or credit unions, online lenders, SBA lenders and community development financial institutions (CDFIs). We’ll start with a brief questionnaire … Read more
[ad_1] The Education Department is extending a key student loan forgiveness deadline and delaying the relief rollout. Borrowers now have through June 30 to consolidate certain types of federal student loans to qualify for the one-time income-driven repayment (IDR) account adjustment, which counts more past periods of repayment toward IDR forgiveness. The account adjustment will … Read more
[ad_1] When a credit card payment due date is approaching and there’s not enough money, your next move could be critical to your finances. From refreshing your budget to evaluating debt payment options, creating a plan as early as possible could keep costs manageable and credit scores from plummeting. Here are a few steps that … Read more
[ad_1] If you’re a book lover with an Amazon Prime membership, don’t overlook Prime Reading. Unlike Kindle Unlimited, which is Amazon’s other reading program, Prime Reading is included in your membership fee ($139 per year or $14.99 per month). Review our Prime Reading guide to make sure you’re getting the most out of your Prime membership … Read more
[ad_1] The time has come — you need to rent a car and you have a choice to make: Which company to rent from? Two options you may be looking at are Hertz and Enterprise, but between these two car rental companies, which is best? Here’s what a closer look at Hertz versus Enterprise showed … Read more