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Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers
If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …
Mortgage rates will be high throughout 2025 even as the Fed lowers borrowing costs, Goldman Sachs says
Mortgage rates will remain above 6% next year, with the market already pricing in Fed rate cuts, Go…
Kelly Cloonan
Millions of student-loan borrowers are waiting for broad debt cancellation. The next president won't have any immediate answers.
Millions of student-loan borrowers were counting on debt cancellation under Biden. Then came the la…
Ayelet Sheffey
Inside the 24-hour legal whiplash that sent 30 million student-loan borrowers into limbo
In the morning, a court handed millions of student-loan borrowers a lifeline. By the evening, a dif…
Ayelet Sheffey
Stock market today: Indexes end the week at records as investors cheer Trump's victory
Stocks closed at a record high on Friday, with the S&P 500, Dow Jones, and Nasdaq 100 all notching …
Matthew Fox
Trump could push the US debt to levels that cannot be ignored by the end of 2025, BlackRock's bond chief says
Trump's plans would likely add large amounts to the US debt pile, economists have predicted. The na…
Jennifer Sor
Millions of student-loan borrowers just lost access to a key debt relief program — and it could have big financial consequences
The on-ramp period for millions of student-loan borrowers is over. This means those who miss paymen…
Ayelet Sheffey
Auto parts and dollar store execs warn that low-income Americans are stretched thin and running on borrowed time
Auto parts and dollar stores serve a lot of customers who earn less than $50,000, and the squeeze o…
Dominick Reuter
Millions of student-loan borrowers are losing a key debt relief program in 30 days
The on-ramp period for student-loan borrowers ensured any missed payments weren't reported to credi…
Ayelet Sheffey
8 million student-loan borrowers who remain blocked from cheaper payments and debt cancellation are getting a step closer to a final decision on Biden's new repayment plan
A Missouri judge blocked student-loan forgiveness under the SAVE plan and will soon hear oral argum…
Ayelet Sheffey
Borrowers are rushing to refinance their mortgages as rates tumble to the lowest level in over a year
As mortgage rates fall, refinancing applications soared 34.5% last week to the highest level in ove…
Kelly Cloonan
Student-loan borrowers keep getting more signals of a rocky repayment road ahead
A recent GAO report found just over half of student-loan borrowers are current on payments. Changes…
Ayelet Sheffey
Millions of student-loan borrowers are about to lose a key safeguard that'll put their credit scores and debt relief at risk
The on-ramp period for student-loan borrowers is ending this month, meaning missed payments will no…
Ayelet Sheffey
Student-loan companies that don't do their jobs should be fired, Elizabeth Warren says. Her next target is one that manages 8 million borrowers.
After Navient was banned from federal student-loan servicing, Elizabeth Warren told BI it's a warni…
Ayelet Sheffey
A second Trump term would be 'chaos' for student loan borrowers
Trump has intensified his verbal attacks on student loan forgiveness and a recent Supreme Court rul…
Katherine Tangalakis-Lippert
Student-loan borrowers are getting $100 million in payments after being 'cheated' out of lower bills by a major lender, a federal consumer watchdog says
Student-loan company Navient is barred from servicing federal loans in a settlement it reached with…
Ayelet Sheffey
Millions of student-loan borrowers' payments are being 'wildly' mismanaged by a major servicer — and it might be time to terminate its contract, over 50 Democratic lawmakers say
Student-loan company MOHELA is facing two lawsuits over claims it mistreated millions of borrowers.…
Ayelet Sheffey
Millions of student-loan borrowers are getting new details on qualifying for Biden's broader debt cancellation plan coming this fall
The Education Department is getting close to implementing its broader student-debt cancellation pla…
Ayelet Sheffey
Stock market today: Indexes end mixed as investors brace for August inflation report
Stocks were mixed Tuesday as investors looked to the presidential debate and the August inflation r…
Filip De Mott
Student-loan borrowers on Biden's new repayment plan are now waiting for the Supreme Court to decide whether cheaper payments and debt cancellation can resume
After the 8th Circuit officially blocked Biden's SAVE student-loan repayment plan, the Justice Depa…