Author: News Room
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were lower for 3-year loans and higher 5-year loans when compared to fixed-rate loans for the seven days before. For borrowers with credit scores of 720 or higher who used the Credible marketplace to select…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The interest rate on a 30-year fixed-rate mortgage is 6.990% as of June 3, which is 0.010 percentage points lower than Friday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.125%, which is 0.250 percentage points lower than Friday. With mortgage rates changing daily, it’s a good idea to…
Medicare beneficiaries need to know the changes taking place in in 2024 and 2025. The changes begin with the inflation adjustments for various Medicare features. The monthly basic Part B Medicare premium increased by $9.80 (or 5.94%) to $174.70 on January 1. The annual Part B deductible increased by $14 to $240. The additional Part B premiums paid by higher-income beneficiaries under the Medicare premium surtax (also known as IRMAA) rose by about 8%. The maximum total monthly premium is $594.00. That top premium will apply to individuals who had adjusted gross incomes greater than $500,000 in 2022 and married…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseThe US Supreme Court appears poised to authorise emergency abortions in the state of Idaho, according to a document published erroneously online Wednesday in the latest mishap involving a high-profile case over reproductive rights. The apparent draft opinion briefly published to the court’s website, which was downloaded and shared by Bloomberg, showed that a majority of the court’s nine justices had voted to reinstate a lower-court ruling that blocked a near-total ban on abortions in Idaho. The filing said…
The Franklin Limited Duration Income Trust (NYSE:FTF) is a closed-end fund, or CEF, that income-seeking investors can purchase as a method of achieving their goals. As is the case with many closed-end funds investing in short-duration credit securities, the Franklin Limited Duration Income Trust boasts a very attractive yield that is certain to appeal to most individuals who are seeking to earn a high level of income. As of the time of writing, shares of the fund yield 11.59%, which is primarily due to a large increase in the distribution that occurred back in January: CEF Connect The 11.59% yield…
Summer travel is heating up with the weather, but consumers are weary about spending too much. Nearly 71% of consumers blame inflation for impacting their road trip plans, an Experian survey found. A majority of survey respondents planned to spend an average of $1,000 on their trips this summer. Road trippers plan to spend the most on gas and accommodations.Auto insurance rates are also impacting travelers. Three out of four respondents to Experian’s survey are worried their rates will increase in the next year. This concern that rates will rise is causing a third of respondents to shop around for…
Missouri Attorney General Andrew Bailey announced that the U.S. District Court for the Eastern District of Missouri granted his motion to block what he called President Biden’s latest illegal student loan handout scheme. Bailey said that Congress never gave Biden the authority to saddle working Americans with half-a-trillion dollars in other people’s debt and that this is a huge win for the Constitution.Bailey told FOX Business exclusively that it’s a huge win for the rule of law. “The Constitution makes clear that Joe Biden does not get to thwart Congress when it suits his political agenda. The Constitution will continue…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The interest rate on a 30-year fixed-rate mortgage is 6.875% as of June 4, which is 0.115 percentage points lower than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.125%, which is unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate…
Rhode Island made news this month when it became the twentieth state to establish a state-facilitated retirement savings program and the seventeenth to do so with an auto-IRA model. This action by the Rhode Island legislature means every state in New England, except New Hampshire, will now offer a state-facilitated savings program. States elsewhere in the nation are considering these programs as well, including large states like Michigan and Pennsylvania, with millions of potential beneficiaries in those states. State legislatures are adopting these programs because they are both good policy and good politics. These programs represent a real effort to…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Labour has suspended a parliamentary candidate who bet he would lose his bid to become an MP, as a Gambling Commission probe into political betting widened.A Labour party spokesperson confirmed on Tuesday that the gambling regulator had launched an investigation into Kevin Craig, its candidate for Central Suffolk and North Ipswich. The move came as the BBC reported that Scottish secretary Alister Jack had claimed he made more than £2,000 betting on a July general election.Craig bet that he would lose at the…
