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Interest rates

FICO scores are going to change. Here's how.

by Nancy Marshall-Genzer and Sabri Ben-Achour
Oct 22, 2018
The Ultra FICO could make it easier for people with imperfect scores to qualify for credit.
Justin Sullivan/Getty Images
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FICO scores are going to change. Here's how.

by Nancy Marshall-Genzer and Sabri Ben-Achour
Oct 22, 2018
The Ultra FICO could make it easier for people with imperfect scores to qualify for credit.
Justin Sullivan/Getty Images
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Re-Fi? Standby … Rates are not great right now

by Andy Uhler
Oct 19, 2018
Five years ago, refinancing made up 75 percent of the mortgage business. Today, it’s just around 37 percent. With climbing interest rates, demand has dipped and the mortgage industry is poised to shed jobs. Click the audio player above to hear the full story. 
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Re-Fi? Standby … Rates are not great right now

by Andy Uhler
Oct 19, 2018
Five years ago, refinancing made up 75 percent of the mortgage business. Today, it’s just around 37 percent. With climbing interest rates, demand has dipped and the mortgage industry is poised to shed jobs. Click the audio player above to hear the full story. 
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How much U.S. debt is too much?

by Tracey Samuelson
Oct 16, 2018
Balancing the federal budget is a bigger deal for politicians than economists.
The United States could simply make more money to pay its bills, said Stephanie Kelton, an economics professor at Stony Brook University. But taken to an extreme, that could lead to higher inflation.
Mark Wilson/Getty Images
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How much U.S. debt is too much?

by Tracey Samuelson
Oct 16, 2018
Balancing the federal budget is a bigger deal for politicians than economists.
The United States could simply make more money to pay its bills, said Stephanie Kelton, an economics professor at Stony Brook University. But taken to an extreme, that could lead to higher inflation.
Mark Wilson/Getty Images
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Credit card interest rates are rising

by Marielle Segarra
Oct 9, 2018
The average rate is just over 17 percent, and it's expected to keep going up.
Joe Raedle/Getty Images
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A new option for cash-strapped borrowers

by Erika Beras
Sep 11, 2018
It's called Simple Loan, and it could hint at a change in American borrowing.
U.S. Bank recently rolled out Simple Loan, which could serve a different option for borrowers.
Thomas Hawk/Flickr
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Divided Decade

The man in charge of TARP: "I'm proud of the actions that we took"

by Kai Ryssdal
Sep 4, 2018
Neel Kashkari on the 2008 financial crisis and what Congress would do if another crisis hits.
Neel Kashkari, former-interim assistant secretary for financial stability and assistant secretary for international affairs at the Treasury Department, waits for the start of the hearing by the Senate Banking, Housing and Urban Affairs Committee October 23, 2008, on Capitol Hill in Washington, D.C.
Joshua Roberts/Getty Images
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Will the inflation sweet spot be sweet for consumers?

by Scott Tong
Aug 30, 2018
Someone at the Federal Reserve is probably smiling right now. Six years ago, the Fed set a “target” rate for inflation, a Goldilocks level of 2 percent. Not too high, as in out-of-control prices and not too low, signaling a weak economy. Today, inflation has finally inched up to that target. So, what does that mean for […]
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