Personal finance

FILE - This June 13, 2019, file photo shows a new home is for sale in Mechanicsville, Va. On Thursday, July 18, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/Steve Helber, File)
July 18, 2019 - 1:29 pm
WASHINGTON (AP) — U.S. long-term mortgage rates rose this week after three weeks of holding steady, tipped higher by expectations that the Federal Reserve could reduce interest rates soon. Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year mortgage increased to 3.81...
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In this June 20, 2019, photo a student walks past a mural in the library at Virginia Commonwealth University in Richmond, Va. College students working a summer job likely shouldn’t sweat how it will affect their financial aid: Dependent students can earn up to $6,660 before it increases their expected family contribution, or EFC. (AP Photo/Steve Helber)
July 18, 2019 - 10:30 am
Roughly one-third of teenagers have summer jobs, according to the Pew Research Center. Some of these jobs may make you very familiar with the letters "SPF." But every working student should know a different abbreviation to avoid getting burned: EFC. While you may be working to help pay for college...
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July 16, 2019 - 8:20 am
Well done, America. Credit scores across the nation are going up. On the other hand, knowledge of how credit works is declining. Consumers' grasp of credit is the lowest it's been in eight years, according to an annual survey by credit scoring company VantageScore and the Consumer Federation of...
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FILE - This April 2017, file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
July 15, 2019 - 7:56 am
Retirement coach Sara Zeff Geber visited several Northern California assisted living facilities to interview "solo agers" — people, either single or coupled, who don't have children to help them as they grow older. At many facilities, she couldn't find any. That puzzled her until she realized that...
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In this June 13, 2019, photo a house on the market has a "new price" sign fixed on the realtor's sign in northeast Jackson, Miss. On Thursday, July 11, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Rogelio V. Solis)
July 11, 2019 - 5:13 pm
WASHINGTON (AP) — U.S. long-term mortgage rates were mostly unchanged this week amid signals from the Federal Reserve that it is preparing to cut interest rates soon. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year mortgage stood at 3.75%, the same as the...
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People wait in line to enter the 5th Circuit Court of Appeals to sit in overflow rooms to hear arguments in New Orleans, Tuesday, July 9, 2019. The appeals court will hear arguments today on whether Congress effectively invalidated former President Barack Obama's entire signature health care law when it zeroed out the tax imposed on those who chose not to buy insurance. A Texas judge in December ruled it was invalid, setting off an appeal by states who support the law. (AP Photo/Gerald Herbert)
July 09, 2019 - 8:14 pm
NEW ORLEANS (AP) — With health insurance availability, cost and coverage on the line for millions of Americans, a federal appeals court seemed inclined Tuesday to rule that the core provision of President Barack Obama's signature health care law is unconstitutional. Two Republican-appointed judges...
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In this undated image provided by NerdWallet, Ray Robertson and his wife Bailey pose for a photo. As newlyweds, Ray and Bailey paid off over $33,000 in consumer debt in 18 months. Their strategy? Aggressive payments, a lean lifestyle and plenty of communication. Now they're working on paying off their mortgage, accruing wealth and raising their son.(Amelia Campbell Photography/NerdWallet via AP)
July 02, 2019 - 9:44 am
In this series, NerdWallet interviews people who have triumphed over debt. Responses have been edited for length and clarity. BAILEY AND RAY ROBERTSON HOW MUCH: $33,456 in 18 months Ray Robertson's debt-payoff journey involves two fateful conversations across the ocean from where he grew up. The...
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FILE - This April 2017, file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
July 01, 2019 - 9:06 am
The most important thing you can say to a new hire may well be: "Have you signed up for the 401(k) yet?" An astounding 3 out of 10 workers don't know whether their employers offer retirement plans, according to a survey by research firm Morning Consult for the Certified Financial Planner Board of...
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FILE - In this Feb. 26, 2018, file photo a visitor uses his phone during the Mobile World Congress wireless show, in Barcelona, Spain. Facebook’s new Libra digital currency is aimed at a huge potential market for financial services, the entire developing world, with billions of people in areas such as India and Sub-Saharan Africa, where financial services are often less sophisticated and many people don’t use traditional banking accounts. (AP Photo/Emilio Morenatti, File)
June 28, 2019 - 3:14 pm
NEW YORK (AP) — Europeans and Americans have their Visa and Mastercards. For everyone else, here comes ... Libra? Facebook's new Libra digital currency is aimed at a huge potential market for financial services — the entire developing world, with billions of people in areas such as India and Sub-...
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FILE - In this July 15, 2018, file photo, John Cynn poses after winning the World Series of Poker main event in Las Vegas. Tens of thousands of professional and amateur poker players go on a pilgrimage to Las Vegas every summer in hopes of returning home richer, owning a gold bracelet and earning considerable bragging rights. They all want to win at the World Series of Poker. The tournament is marking its 50th year. The $10,000 buy-in, no-limit Texas Hold 'em main event kicks off Wednesday, July 3. (AP Photo/John Locher, File)
June 28, 2019 - 1:14 am
Tens of thousands of professional and amateur poker players go on a pilgrimage to Las Vegas every summer in hopes of returning home richer and having considerable bragging rights. They all want to win at the World Series of Poker. The tournament is marking its 50th edition. Since 1970, it has...
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