Today's mortgage rates rise, but 10- and 15-year terms stay below 6 percent | May 16, 2023
Check out the mortgage rates for May 16, 2023, which are mixed from yesterday.
Sullivan's Smart Sense: Debt, collections & bankruptcy
Bankruptcies are up nearly 20%, but there are other options.
Household debt hit record $17T last quarter as inflation squeezes Americans
New York Federal Reserve data released Monday shows household debt hit a fresh record in the first quarter of 2023 as high inflation squeezes Americans.
Housing market could tumble into a 'deep freeze' if US defaults on its debt
A new analysis from Zillow projected that home-buying costs could surge by a stunning 22% if Congress fails to raise the debt limit by June 1.
Cruise bringing driverless ride-sharing service to Houston and Dallas
Cruise, a new self-driving ride share program, is coming to Houston in the next few months, CEO Kyle Vogt announced.
Fed's May interest rate hike could harm regional bank lending, mortgages, expert warns
The Federal Reserve's latest interest rate increase has been harmful to the balance sheets of small regional banks and has impacted their ability to lend, according to the National Association of Realtors.
Biden administration approves $42B in student loan forgiveness under updated PSLF program
The Department of Education has approved $42 billion in student loan forgiveness through recent changes to the PSLF program, designed to provide debt relief to borrowers in the non-profit, public service and governmental fields.
Today's mortgage rates begin to rise, but 15-year terms are still low | May 15, 2023
Check out the mortgage rates for May 15, 2023, which are trending up from Friday.
Federal student loan repayments to restart, education secretary confirms
'We're preparing our borrowers to restart" federal student loan repayments, Education Secretary Miguel Cardona says.
Google enhances search engine with AI chatbot 'Bard'
Google is now offering artificial intelligence in its search engine by letting you try its ChatBot 'Bard'. It's the latest use of artificial intelligence that's changing the way we do things online. FOX 26 Consumer Reporter Heather Sullivan shows us what it can do.
Mortgage rates dip on positive inflation data: Freddie Mac
The average rate for a 30-year fixed-rate mortgage dropped to 6.35% for the week ending May 11, according to Freddie Mac's Primary Mortgage Market Survey.
Gas prices decrease amid market uncertainty: AAA
Average gas prices dipped to $3.53 per gallon for the week ending May 11, 2023, AAA reported. The low cost of oil has kept gas prices on the decline despite a rise in gas demand, AAA said.
Today's best mortgage deal? 15-year terms at lowest rate since last week | May 12, 2023
Check out mortgage rates for May 12, 2023, which are trending down from yesterday.
Class action lawsuits & claiming your cash
Facebook users can now claim their piece of the $725 million privacy settlement. It's one of many recent high-profile cases that could earn you some cash.
What do the words labeled on eggs mean? 'Hormone-free', 'Pasture raised', etc.?
Egg prices are still up 21% over last year, but are you paying more for eggs that are labeled with words like natural, pasture raised, hormone free? FOX 26 Consumer Reporter Heather Sullivan says you may not be getting what you think.
Inflation ticks up again in April, puts interest rate hikes back on the table
The Consumer Price Index (CPI), a measure of inflation, rose 4.9% year-over-year in April, a slowdown from the 5% increase in March, according to the Bureau of Labor Statistics (BLS).
Chime fraud: Houston woman robbed of $1,000, company has nearly 8,000 complaints
A Houston nurse contacted FOX 26 saying a fraudster drained her Chime bank account and she was battling to get Chime to cover her $1,000 loss. FOX 26 Consumer Reporter Heather Sullivan helped her get her money back within hours but found thousands of other customers have complained of similar problems.
Today's best mortgage deal? 15-year terms maintain highest savings | May 10, 2023
Check out the mortgage rates for May 10, 2023, which are mixed from yesterday.
Auto insurers plan further rate increases this year – Here's how you can get costs under control
Progressive and Allstate have already signaled that they plan to keep increasing their auto insurance rates this year.
Norfolk Southern to pay homeowners near Ohio train derailment
The company set up a fund for residents impacted by the derailment to cover the cost of any decline in their home values.