You Searched For "cost of borrowing" and got 17 results
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6 mins read
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, …
2 mins read
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
3 mins read
We spent $374 to take a ferry across Lake Michigan with our car. The journey was nice, but I'll do things differently next time.
My family took a ferry across Lake Michigan to avoid driving through Chicago. We brought our car wi…
Jessica Steinhoff
2 mins read
Global government borrowing is set to top $100 trillion — and shows no signs of slowing down
Broader support for more public spending, resistance to tax hikes, and spending pressures have driv…
Theron Mohamed
5 mins read
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
3 mins read
Healthcare in India faces massive strain as costs rise by 14% annually; most expenses paid out-of-pocket
Kidney disease has emerged as a growing concern in India, with Delhi being identified as the kidney…
1 min read
Ally Financial plunges 19% after CFO says its borrowers are struggling
"Our borrower is struggling with high inflation and cost of living, and now more recently, a weaken…
Matthew Fox
2 mins read
Russia's inflation is so bad that potatoes cost 64% more than they did at the start of the year
Prices of potatoes — a Russian staple — have surged by 64% this year.
Huileng Tan
2 mins read
8 million student-loan borrowers struggling to afford key long-term expenses could get debt cancellation through a new Biden proposal
The Education Department released its proposal to get student-debt relief to borrowers facing finan…
Ayelet Sheffey
3 mins read
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
1 min read
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
1 min read
The Supreme Court declined to allow cheaper student-loan payments for 8 million borrowers through Biden's new repayment plan
The Supreme Court said a lower court ruling blocking cheaper student-loan payments through the SAVE…
Ayelet Sheffey
5 mins read
Student-loan borrowers are taking on more debt, and it's not all tuition — blame skyrocketing housing costs
College towns have gotten so expensive that some students are going deeper into debt to afford hous…
Eliza Relman,Ayelet Sheffey
2 mins read
30 million student-loan borrowers who were about to benefit from Biden's second try at broad debt cancellation are now facing the first lawsuit to block it
Seven GOP-led states have filed the first lawsuit targeting Biden's upcoming plan to cancel student…
Ayelet Sheffey
8 mins read
These millennials and Gen Z-ers are going on vacation — no matter how much it costs
Some millennials and Gen Zs are going into debt or using buy now, pay later services like Affirm an…
Brittany Chang
3 mins read
Student-loan borrowers can expect more debt relief before Biden's term is up, a top White House House official says
White House chief of staff Jeff Zients told Axios that more student-loan forgiveness is coming for …
Ayelet Sheffey
1 min read
Starter homes cost more than $1 million in a record 237 cities
More cities than ever have typical starter homes worth at least $1 million, Zillow reported.