Latest in Loan Rate February
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Biden announces final round of student loan forgiveness, bringing aid total to nearly $189 billion
The Biden administration announced on Thursday its final round of student loan forgiveness, clearing over $600 million in the debt for thousands of borrowers.CNBC - Jan. 17 -
Mortgage rules could be eased to boost loans
The £100 limit on contactless cards could also be scrapped, as regulators respond to the prime minister's plea.BBC News - Jan. 17 -
Dark and Darker Mobile soft launches in Canada in February
Krafton said it will soft launch Dark and Darker Mobile, under development by Bluehole Studio, in Canada on February 5.VentureBeat - Jan. 17 -
Biden finalizes major loan to EV-maker Rivian days before Trump’s inauguration
The Biden administration has finalized a massive loan to electric vehicle (EV) maker Rivian just days before President-elect Trump takes office. The $6.57 billion loan will finance an electric ...The Hill - Jan. 16 -
Everton’s plan to cut short Armando Broja loan hits hitch with Chelsea
Chelsea ask for total loan cost to be paid before return Striker is injured and set to miss most of rest of season Everton’s attempt to cut short Armando Broja’s loan has hit complications with ...The Guardian - Jan. 16 -
4 reasons to get preapproved for a mortgage loan this January
If you're entering the home market soon, experts say this is a good time to get pre-approved for a mortgage.CBS News - Jan. 16 -
Bank of America profits boosted by loan growth and robust trading
Strong results echo other big Wall Street banksFinancial Times - Jan. 16 -
U.S. sanctions on Russia hit oil freight rates
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels, largely oil tankers.CNBC - Jan. 16 -
Mortgages, credit cards, auto loans: Expert predictions for interest rates in 2025
The Federal Reserve is expected to cut rates further in 2025, paving the way for slightly lower borrowing costs for consumers.CNBC - Jan. 16 -
Trump to inherit 5-month high inflation rate
President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...CBS News - Jan. 15 -
Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume
In a new memo obtained by CNBC, a top official at the U.S. Department of Education lays out ways to avoid a wave of new defaults by student loan borrowers.CNBC - Jan. 15 -
Biden Administration Forgives 260,000 Loans for Ashford University Students
Ashford University was one the country’s largest for-profit college companies at one point.Inc. - Jan. 15 -
Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume
This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face collection activity, including the garnishment of their wages and ...NBC News - Jan. 15 -
Home equity loans dos and don'ts to know for 2025
Considering a home equity loan this year? Here's what you should (and shouldn't) do right now.CBS News - Jan. 15 -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - Jan. 15 -
Inter Miami signs Allende on loan from Celta Vigo
Inter Miami CF signed Tadeo Allende from Celta Vigo Tuesday on a one-year loan through the end of the 2025 Major League Soccer season.ESPN - Jan. 15 -
Sources: Juve land Kolo Muani on loan from PSG
Paris Saint-Germain forward Randal Kolo Muani has chosen to join Juventus on loan until the end of the season ahead of Tottenham, sources have told ESPN.ESPN - Jan. 15 -
Biden cancels student loans for 150,000 more borrowers
President Joe Biden announced his administration had approved student loan relief for more than 150,000 borrowers, bringing the total number who have had their student debt cancelled under the ...NBC News - Jan. 13 -
What's the CD interest rate forecast for 2025?
Planning to open a CD account? It may help to know where experts say CD rates could head this year.CBS News - Jan. 13 -
Chelsea demand £20m-plus for Renato Veiga as Dortmund target loan deal
German club keen on loan with option to buy Veiga joined Chelsea for £12m last summer Chelsea are asking for more than £20m to sell Renato Veiga, who is wanted by Borussia Dortmund on loan with ...The Guardian - Jan. 13 -
More than a million student loan borrowers got debt forgiven in 2024. What to know at tax time
If your student loans were forgiven in 2024, you may be wondering if there are any tax implications.CNBC - Jan. 12 -
This is what it could take for the Fed to hike interest rates
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price indexMarketWatch - Jan. 11 -
Why you should get a home equity loan for spring projects now
Considering a home equity loan to pay for your planned spring projects? Here's why you should start the process now.CBS News - Jan. 10 -
Mortgage rates are not rising yet but Reeves has to act
Why Rachel Reeves needs a more detailed growth strategy - and soon.BBC News - Jan. 10 -
Will a home equity loan or HELOC be better this January?
The decision between the two popular home equity borrowing options will depend on these factors now.CBS News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
What's a good home equity loan interest rate in 2025?
With the interest rate climate changing again, it helps borrowers to know what a good home equity loan rate is now.CBS News - Jan. 9 -
How car loans became Britain’s latest consumer finance scandal
Hidden commissions to car dealers inflated costs for buyers. The legal fallout could cost banks billions and restrict access to creditFinancial Times - Jan. 9 -
Women's transfer grades: Liverpool get A+ for Sam Kerr loan
The women's transfer window is open across Europe. Here are the big deals and how we rate them.ESPN - Jan. 8 -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers affected by the wildfires ripping across Southern California have relief options if they’re worried about keeping up with their payments as they recover.NBC News - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
What's a good CD interest rate in 2025?
CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.CBS News - Jan. 8 -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers impacted by the latest wildfires in California and other natural disasters have options if they're struggling.CNBC - Jan. 8 -
What factors drive mortgage loan interest rates?
The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.CBS News - Jan. 8 -
The Secret Sauce to Fixing the N.B.A.’s Ratings Woes
Rivalries spark fireworks, and the league is desperate for a new one, a columnist for The Athletic writes.The New York Times - Jan. 8 -
Here's where mortgage rates could be headed in 2025
Mortgage rates in 2025 are expected to remain above 6%, according to multiple industry forecasts.The Hill - Jan. 8