Lenders use the 28/36 rule to assess borrowers’ ability to manage their liabilities, including consumer debts and mortgages. The American middle-class can use it to get...
Mortgage Interest Rates are soaring on the back of the news that the Federal Reserve is gearing for a series of interest rate hikes to combat...
A series of interest rate hikes coming this year, said the Federal Reserve Chairman Jerome Powell during his confirmation hearing before the U.S. Senate Committee on...
Large credit limits let cardholders plan their finances better. They can lower their credit utilization, increase their credit scores, access interest-free short-term loans, and build an...
The financial crisis of 2007-2008 has lasting economic impacts. In the fall of 2008, the US gross domestic product (GDP) fell by 4.3 percent. Two well-researched...
Rent Burden or housing affordability is a serious problem facing American families. Renters who stopped making their rent payments last year did not spend their newfound...
Biden mortgage modifications and payment reductions aim to reduce monthly payments by up to 25 percent to prevent foreclosures. The foreclosure moratorium, which allows borrowers experiencing...
President Biden pitched his $2.5 trillion infrastructure plan on Wednesday in Pittsburg, Pennsylvania. However, convincing republicans and moderate democrats will take more than the promise of...
Personal finance has nothing to do with a corporation or company’s financial management but has everything to do with an individual or household’s financial management. Personal...
The emergency rental assistance program is one of the best provisions from the $900 billion Covid-19 stimulus package and the $1.4 trillion government spending bill. At...