How the latest Fed interest rate hike could impact credit card debt, auto loans
The Federal Reserve has raised its key interest rate yet again in its drive to cool inflation, a move that will directly affect most Americans.
Couple files discrimination lawsuit against bank for not being Asian
An African American couple is suing American First National Bank, a Katy-based branch after they were told it only gives out loans to Asians but the story is stranger than you think.
How to get the best deals when getting groceries delivered
It may be a lifesaver, but not necessarily a savings for your wallet.
Affordable mental healthcare patients can turn to even for the uninsured
The National Alliance on Mental Illness says nearly half of people with mental health conditions go without treatment. Either because they are afraid of the stigma, or cannot afford care. FOX 26 Consumer Reporter Heather Sullivan shares some ?smart sense? on how to find care, including for those without insurance.
Feds raise key interest rate to highest level in 16 years
The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years.
Here’s why consumers' credit scores got a boost in March: Report
Consumer credit scores increased from last year to an average of 701, and the percentage of consumers scored in the subprime credit
Today's biggest mortgage rate decrease? 30-year terms plummet | May 3, 2023
Check out the mortgage rates for May 3, 2023, which are trending down from yesterday.
After one more interest rate hike, the Fed may hit the 'pause button'
After the most aggressive interest rate hike in 40 years, the federal reserve is expected to approve another quarter-point increase on Wednesday.
President Biden to hold debt limit meeting next Tuesday
Congress seems to work best when it?s up against a deadline and this latest deadline is coming up fast. In a month, the U.S. could default on its debt and lawmakers are still far apart on negotiations, but they?re at least willing to meet to play ball.
What will another interest rate hike mean for the economy?
After the most aggressive interest rate hike in 40 years, the federal reserve is expected to approve another quarter-point increase on Wednesday.
Today's mortgage rates are rising, but 15-year terms are below 6 percent | May 2, 2023
Check out the mortgage rates for May 2, 2023, which are trending up from yesterday.
Bank deposits fell by more than $76 billion
Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.
Biden asks student loan companies to prepare for end to payment pause
The Education Department has notified student loan servicers to prepare for an end to the COVID-19 student loan payment pause.
Today's best mortgage deal? Back to 15-year terms | May 1, 2023
Check out the mortgage rates for May 1, 2023, which are mixed from Friday.
New rules on mortgage fees that may have some people with stronger credit scores paying more
Controversy is buzzing over new mortgage rules taking effect Monday: higher fees for homebuyers with good credit, and lower fees for people with lower credit. However, mortgage experts say that?s not the whole story.
Debt limit rages even with House out of session
The House is out of session this week, but it doesn?t mean the debt limit stand-off has simmered down. Instead, it might be a long battle to raise the debt limit so the country can pay its bills.
First Republic Bank seized by regulators, sold to JPMorgan Chase
San Francisco-based First Republic is the third midsize bank to fail in two months and is the second-biggest bank failure in U.S. history.
Former Apple employee ordered to serve jail time, pay restitution for fleecing the company
Dhirendra Prasad’s sentencing for two charges — conspiracy to commit mail fraud and wire fraud and conspiracy to defraud the U.S. — stemmed from an alleged plot that lost Apple over $17 million.
Tips to getting your passport in time amid record breaking demand
Record demand is increasing the time it takes to get a passport. FOX 26's Heather Sullivan has some smart sense on how you can get your passport in time.
73% of American Millennials living paycheck-to-paycheck, financial report shows
Faced with high prices and interest rates, consumers have begun reining in their spending.
















