As the Biden administration’s student loan forgiveness and relief programs face uncertainty, millions of borrowers may see significant increases in their monthly payments starting next year. With the upcoming expiration of various key initiatives and ongoing legal challenges, the landscape of student loan repayment is changing. Many borrowers are currently…

Citibank has emerged as a leading choice for first-time home buyers, earning notable customer satisfaction scores and offering a wide array of loan products. Its customer-centric offerings include low down payment options, absence of private mortgage insurance (PMI), and closing cost assistance through programs like the Lender Paid Assistance Program,…

In November, inflationary pressures in the United States showed a modest rise, with the annual inflation rate increasing to 2.7%, slightly above October’s 2.6%, as reported by the Bureau of Labor Statistics (BLS). This uptick, alongside a 0.3% monthly increase—the first acceleration after four consecutive months of 0.2% growth—indicates persistent…

The student debt crisis in the United States is a complex issue that stems from multiple factors, making it increasingly dire over time. One prominent contributor is the ever-rising costs of higher education. As tuition continues to climb, families find it challenging to estimate or plan for the expenses associated…

Truist emerges as a competitive option for first-time home buyers, especially with its offerings like down payment assistance and lender credits. However, customer satisfaction ratings remain mediocre, indicating a mixed experience for borrowers. Truist’s strengths shine in its user-friendly online application process and the transparency in displaying mortgage rates with…

The current landscape of consumerism in the United States often reveals a disturbing reality: individuals are frequently sold goods and services rather than approaching their purchases with thoughtful consideration. In the modern economy, products and services are engulfed in layers of sales processes that can obfuscate true value. For instance,…

Third Federal Savings & Loan, established in 1938, operates in 26 states and Washington, D.C., providing a variety of mortgage products tailored to suit the needs of home buyers, particularly first-time buyers. While it lacks government-backed loans such as FHA, USDA, or VA mortgages, it compensates through a comprehensive suite…

Citizens Bank is a nationwide financial institution that offers a variety of mortgage products and home loans. It provides traditional options such as conventional, FHA, and VA loans, alongside specialized products aimed at specific professions, such as medical professional loans and construction loans. Notably, the bank features a Home Equity…

Mortgage rates have shown a general trend of decline in recent weeks. However, a recent increase has been noted, particularly in the 30-year fixed mortgage rate, which has risen by five basis points to 6.26%. Similarly, the 15-year fixed mortgage rate has gone up by nine basis points to 5.62%.…

In October 2024, the Federal Reserve made a significant move by lowering the federal funds rate for the second time in the year, prompting a corresponding drop in deposit account rates. This trend opens up a timely opportunity for consumers to consider certificates of deposit (CDs) as a viable investment…

In a recent report by TransUnion, the company projects a stabilization and subsequent decline in auto loan delinquencies over the next year, suggesting a positive shift in the economic landscape and consumer confidence. According to the 2025 Credit Forecast, the percentage of auto loans that are more than 60 days…