Current mortgage interest rates If you’re in the market for a home, here are today’s mortgage rates compared to last week’s. Loan term Today’s Rate Last week Change 30-year mortgage rate 6.98% 6.88% +0.10 15-year fixed rate 6.47% 6.41% +0.06 10-year fixed 6.40% 6.26% +0.14 5/1 ARM 6.51% 6.38% +0.13 30-year jumbo mortgage rate 7.09%… Continue reading Home Loan Rates Increased Over the Last Week: Mortgage Interest Rates Today for March 25, 2024
Tag: Loan
Federal Trade Commission Refunds Over $9 Million to Student Loan Scam Victims
The US Federal Trade Commission and the Department of Justice are issuing more than $9 million in refunds to victims of a student loan debt scam. The FTC announced on Tuesday that the money would be sent to more than 22,500 people who gave up to $800 in up-front fees and up to $99 in… Continue reading Federal Trade Commission Refunds Over $9 Million to Student Loan Scam Victims
Threat of Student Loan Scams Resurfaces as End of Payment Pause Nears
Millions of borrowers are preparing for the pause on student loan payments to end in October. Unfortunately, so are many scam artists looking to take advantage of people uncertain about their options after the Supreme Court struck down the Biden administration’s initial debt relief plan. “Scammers and bad actors have long targeted vulnerable students who… Continue reading Threat of Student Loan Scams Resurfaces as End of Payment Pause Nears
Nearly Half of Borrowers Expect to Go Into Delinquency When Student Loan Payments Restart
After being paused since March 2020, federal student loan payments resume in October. Many borrowers are not prepared: According to a new survey from Credit Karma, 45% said that they expect to fall behind on their loan payments once the forbearance ends. Meanwhile, 37% said they didn’t set aside any money in advance of payments… Continue reading Nearly Half of Borrowers Expect to Go Into Delinquency When Student Loan Payments Restart