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Why a HELOC is better than a home equity loan going into November

With another interest rate cut looming for November, here's why homeowners should consider a HELOC now.

Biden administration forgives student loans for 60,000 public service workers

The Biden administration announced on Thursday that it is forgiving the student loans for more than 60,000 public service workers. The move gives $4.5 billion in debt relief to teachers, ...

Politics - The Hill - October 17

When will home equity loan interest rates fall again?

Home equity loan interest rates are on the decline. But when, precisely, will they fall again? Here's what to know.

Senate Republicans raise questions after funds for disaster loans exhausted

A group of GOP senators are pressing the Small Business Administration (SBA) for answers after officials said its disaster loan program exhausted its funds earlier this week in the aftermath of a ...

Politics - The Hill - October 18

Thames Water bondholders fall out over emergency loan

Lower-ranking creditors complain to utility they have been cut out of restructuring negotiations

Business - Financial Times - October 18

European Parliament votes in favour of €35 billion loan for Ukraine

World - Yahoo News - October 22

G7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets

The economic lifeline is expected to be disbursed by the end of the year.

Business - The New York Times - October 24

What causes home equity loan interest rates to drop? And will they keep falling?

Home equity rates have dropped since the Fed's last meeting. Here's what they could do in the future, experts say.

Oaktree-backed bank under court administration over mafia-linked loans

Milan prosecutor says there is evidence of state-guaranteed loans given to businesses connected to organised crime

World - Financial Times - October 24

Biden tries again at student loan cancellation, for those in financial hardship

The Biden administration is moving ahead with a new path to student loan cancellation for Americans who face steep medical bills, child care costs and other types of financial hardship that prevent ...

Thames Water seeks up to £3bn in emergency loans from creditors

New debt would involve 9.75% interest charges as utility group seeks to stave off nationalisation

Business - Financial Times - October 25

Is a reverse mortgage or home equity loan better for seniors? Experts weigh in

Seniors have a few options for tapping into their home's equity, but certain options may be better than others.

Court of Appeal sides with UK consumers over ‘secret’ car loan commissions

Close Brothers shares plummet after landmark ruling that puts sector at risk of redress

Business - Financial Times - October 25

These 17 factors could soon make you eligible for student loan forgiveness

The Biden Administration has outlined two pathways for student loan borrowers facing financial hardship to get debt relief.

Business - CNBC - October 25

Biden Administration Floats Student Loan Relief for Borrowers Facing Hardship

The proposal, which faces tough legal prospects, would offer forgiveness to millions of borrowers who are unable to pay back their loans because of financial setbacks.

Business - The New York Times - October 26

Chicago Blackhawks Recall Drew Commesso, Loan Isaak Phillips To Rockford

This is the first time Commesso has earned an NHL recall

Sports - Yahoo Sports - October 26

Harris stays quiet on student loans as cancellation loses its political luster

In just a few years, the issue of student loan cancellation has gone from being a pillar of the Democratic Party to a political liability

How to get a low home equity loan rate this November

There are multiple ways borrowers can secure a low home equity loan interest rate this November. Here are three.

Deteriorating Loans Stress Regional Banks’ Office Building Portfolios

The commercial real estate borrowing crisis hasn’t gone away, as shown by about a dozen mid-sized banks reporting a rise in missed payments from commercial real estate borrowers.

Business - Inc. - October 29

Republicans unveil emergency bill to fund tapped-out disaster loan program

Senate Republicans released legislation this week that aims to replenish funds for a key federal program that provides disaster loans to businesses and homeowners. Sen. Thom Tillis (R-N.C.) led ...

Politics - The Hill - October 29