Even with declining mortgage rates, the number of pending home sales fell last month to the lowest level on record, a National Association of Realtors report reveals. NAR’s Pending Home Sales Index shows that the number of pending home sales dropped 5.5% in July and was down 8.5% compared with a year earlier, reaching the … Read more
Morsa Images | Digitalvision | Getty Images Retirees who are worried about the high costs of prescription drugs are set to get new relief starting in 2025. Starting in January, Medicare drug plan enrollees will have their annual out-of-pocket drug costs capped at $2,000. Between 2025 and 2029, on average, about 1.4 million participants in … Read more
The median price per square foot in Manhattan, NY is $1,500, according to My Dolce Casa. Alexander Spatari | Moment | Getty Images Manhattan, New York is infamous for being expensive. The city consistently ranks as one of the world’s most costly places to live in. Purchasing a 500-square-foot condo in New York City can … Read more
After months of elevated mortgage rates in 2024, a recent decline is now making monthly home payments more affordable. As of last week, 30-year mortgage rates declined to a 15-month low of 6.35%, according to the latest Freddie Mac data. That’s down from a peak rate of 7.79% in October 2023. Mortgage rates are linked … Read more
Almost three million Australians missed out on billions of dollars in unpaid super in a single year, with the average affected worker left $30,000 worse off at retirement. New analysis of Australian Taxation Office (ATO) data by the Super Members Council (SMC) found about 2.8 million workers missed out on some of their legal entitlements … Read more
A Dollar General store in Germantown, New York, on Nov. 30, 2023. Angus Mordant/Bloomberg via Getty Images Three of the nation’s largest retailers — Dollar General, Dollar Tree and Kroger — charge fees to customers who ask for “cash back” at check-out, amounting to more than $90 million a year, according to the Consumer Financial … Read more
So far, 2024 has been a huge year for data breaches. There had already been more than 1 billion personal records compromised before the National Public Data breach that has been making headlines, according to Michael Bruemmer, head of global data breach resolution at consumer credit reporting company Experian. National Public Data, a background check … Read more
Without financial aid, the price tag at some four-year colleges and universities — after factoring in tuition, fees, room and board, books, transportation, and other expenses — is now nearing $100,000 a year. But even though college is getting more expensive, students and their parents rarely pay the full amount. Aside from their income and savings, most families rely on … Read more
Younger credit card users are unlikely to achieve a perfect 850 credit score — even with the best credit usage habits, credit expert John Ulzheimer tells CNBC Make it. That’s because the length of your credit history accounts for a sizable 15% of how your credit score is calculated. Since younger consumers likely haven’t been … Read more
Petrol prices are at an almost 12-month low in some parts of Australia and are expected to stay low for some time unless simmering tensions in the Middle East boil over. The average price of fuel in NSW in the month of August 2024 was $1.87, very close to the 12-month low of $1.86 seen … Read more
