Finance: 1 in 4 Americans have debts from last year’s holiday shopping
1 in 4 Americans are paying off debt from last year's holiday spending; 1 in 5 have applied for another credit card so they can spend more this year.
Media: “The cost of homeownership spiraled upwards last year”
Everything about financing a home purchase surged last year, from mortgage rates to fees and discount points, according to a report from the Consumer Financial Protection Bureau on mortgage costs.…
Finance: Mortgage rates over time
Mortgage Rates Chart | Historical and Current Rate Trends (themortgagereports.com) A LOT of people forget about the late 1970s to up to 2000. While an 8% mortgage rate today seems…
Crime: Astounding allegations of fraud surrounding FTX crypto exchange
The FTX crypto exchange is alleged to have involved billions of dollars in fraudulent spending of customer's investment money on self dealing by executives.
Personal finance: Why education loan borrowers may be in a pinch
A large percentage of those with education loans took advantage of the "Covid pause" on repayments to ... take on more loans. Not good.
What could possibly go wrong? Don’t pay off your education loan debts?
The above individual notes he did, in fact, pay off his own education loans and did not give permission to Newsweek to quote his above tweet (where I learned of…
Retirement: Most current retirees receive “guaranteed” pension incomes, but this is changing
More than half of current retirees receive a pension income but new retirees rarely have pensions now.
Personal finance: Excellent advice about buying a home
Lots of good examples in here: “It’ll Cost Us $100K To Make It ‘Legal'”: Homeowners Are Sharing The Entirely Avoidable Errors They Made When Buying Their Homes So many good…
Why it is a good idea to ignore expert predictions
Adjacent headlines on CNBC this morning