Monthly mortgage payments reach record highs in US

The median monthly payment for home purchase loans jumped 14.1% in May to an all-time high $2,165.

Paid apprenticeships being offered in skilled trades
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FOX 26 Consumer Reporter Heather Sullivan has some smart sense on the apprenticeships that you can apply for.

Biden administration announces SAVE plan after SCOTUS student loan decision

The White House announced SAVE, a new income-driven student loan repayment plan and other initiatives following the Supreme Court's decision to strike down widespread student loan forgiveness.

Student loan payments: Tips to prep
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Student loan payments are set to resume in October after a 3-year pause. The real question is are you ready? Finance professor Dan Roccato has advice on getting ahead of the game.

Mortgage rates inch to the highest level so far this year: Freddie Mac

The average 30-year fixed-rate mortgage increased to 6.81% for the week ending July 6, according to Freddie Mac's latest Primary Mortgage Market Survey.

Meta launching Threads to rival Twitter
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FOX 26 Consumer Reporter Heather Sullivan has some smart sense about what it means for users.

Americans are giving less to charity, poll finds

Over 55% of those who stopped giving say they don’t earn enough to afford donating to charity.

Subprime-rated consumers have less access to credit – Here's how to improve your score

Subprime-rated consumers may have fewer borrowing options to deal with unexpected costs as lenders tighten access to credit to this group in favor of more consumers with higher credit scores, a VantageScore report said.

Amazon Prime Day Hacks & Deals
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Are you ready for Amazon Prime Day? Shopping and Consumer Expert Bridget Carey shares with us tips on how to save money on your next Amazon order.

Walgreens expects to close 150 US stores, CFO says

The store closings are expected to happen by 2024 in a cost-saving effort by the company.

Tips on making college more affordable for students
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Lots of families are preparing to send their high school graduates off to college and student loan payments are set to resume soon. We hear from an expert on ways to make college more affordable.

Economy update: ?Richcession,? ?Rolling Recession,? or none at all?
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Is a recession still in sight? The economy keeps managing to grow and so does the belief among some economists that the U.S. might achieve an elusive ?soft landing.? Professor Dietrich von Biedenfeld with University of Houston ? Downtown helps explain it all.

Biden offers alternative student debt relief plan following Supreme Court ruling

President Joe Biden is offering an alternative student debt plan designed to ease borrowers’ threat of default if they fall behind on their payments.

Borrowers give response on student loan block
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President Biden says he's working to give student loan borrowers a new path to loan forgiveness after the Supreme Court blocked his forgiveness plan. FOX 26 Consumer Reporter Heather Sullivan has more on his new plan and how Smart Sense to help borrowers resume payments this fall.

Supreme Court rejects student debt relief
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The Supreme Court has ruled his plan to wipe away student loan debt for millions is unconstitutional. The high court gutted the president's plan to forgive more than $400 billion dollars in student loan debt.