With mortgage rates dropping, it could be a good time to refinance

With mortgage rates dropping, it could be a good time to refinance

Mortgage rates have plunged in recent days, leaving many homeowners wondering if they should refinance their mortgages. Considering the drop in rates, some borrowers could save by refinancing, but it depends on their existing rates, term length and the upfront costs associated with financing a new loan. Annual percentage rates for 30-year fixed-rate mortgages have … Read more

How Harris’ running mate Tim Walz could help shape child tax credit

How Harris’ running mate Tim Walz could help shape child tax credit

Minnesota Governor Tim Walz in the Governors Reception room in the State Capitol Wednesday, November 30, 2022 St. Paul, Minn. Star Tribune Via Getty Images | Star Tribune | Getty Images How Minnesota’s child tax credit stacks up Described by Walz as a “signature accomplishment,” Minnesota’s refundable child tax credit was $1,750 per child for … Read more

Australians warned against heeding financial advice from ‘finfluencers’ as scammers take advantage

Australians warned against heeding financial advice from ‘finfluencers’ as scammers take advantage

Easy to access and engaging, social media is flooded with financial advice. But for a generation turning to the internet, following “finfluencers” — or financial influencers — is proving costly. The Association of Superannuation Funds of Australia has found that trusting financial advice that comes via TikTok, X and Reddit can exacerbate the risks of … Read more

Australians advised to get organised and start thinking about work-related expenses for next year’s tax-return

Australians advised to get organised and start thinking about work-related expenses for next year’s tax-return

While it may be far too early for some people to even think about next year’s tax return, it might be in your best interest to do so, an ATO top dog says. Australian Taxation Office assistant commissioner Rob Thomson has encouraged taxpayers to get organised early and start thinking about what work-related expenses they … Read more

Salary needed to buy a home in the 15 priciest U.S. housing markets

Salary needed to buy a home in the 15 priciest U.S. housing markets

Homeownership in the largest U.S. cities has been put further out of reach for all but the richest residents, according to a recent analysis by mortgage analytics firm HSH. A household needs to earn $463,887 to afford a median-priced home in San Jose, California, making it the most expensive of the 50 largest U.S. cities. … Read more

Queensland government vows to cap fuel prices increases in bold election promise

Queensland government vows to cap fuel prices increases in bold election promise

Increases to fuel prices will be capped to just five cents per litre per day under a Queensland election pitch by the state government targeting further cost-of-living relief. Premier Steven Miles has also vowed to set up 12 state-owned petrol stations, while working with motoring body RACQ to trial a daily limit on petrol price … Read more

Summer is ‘high season’ for flight delays. What travelers need to know

Summer is ‘high season’ for flight delays. What travelers need to know

Ironheart | Moment | Getty Images The summer travel season is in full swing, often bringing more flight delays and cancellations. But travelers may be out of luck when it comes to reimbursement for such disruptions, depending on the root cause and specific airline policy, experts said. “In general, in the U.S. airlines aren’t really … Read more

Queensland’s 50c public transport fare trial starts

Queensland’s 50c public transport fare trial starts

Public transport fares have dropped to 50 cents per trip across Queensland as one of the state government’s boldest pre-election cost-of-living initiatives goes live just months before the election. Commuters on Translink bus, ferry and train services will pay just half a dollar per trip for the next six months under a trial spruiked by … Read more

How to take a scouting trip to move out of the U.S.

How to take a scouting trip to move out of the U.S.

Americans are taking scouting trips to see if they can handle moving to a new country. But finding a new home abroad isn’t as simple as going on vacation there. Take it from Alex Ingrim, who’s originally from Washington, but left the U.S. to study in France, where he met his now-wife, Louisa. Over the … Read more