getfinanceusa [ad_1] Cavan Images | Getty Images If you need more time for your taxes, there’s a quick, free way to file a federal tax extension online, according to experts. This season, 1 in 4 Americans don’t feel prepared to file their taxes — and 29% admit to procrastinating — according to a January survey from … Read more
[ad_1] The risks of allowing inflation to persist still far outweighs the risk of triggering a recession. Mark Higgins author of “Investing in U.S. Financial History: Understanding the Past to Forecast the Future.” “The risks of allowing inflation to persist still far outweighs the risk of triggering a recession,” Mark Higgins, senior vice president for … Read more
[ad_1] Eric Thayer/Bloomberg via Getty Images Inflation jumped in March as prices for consumer staples like gasoline edged higher and those for housing remain stubbornly high, suggesting inflation may be a bit stickier than seemed just a few months ago, economists said. The consumer price index, a key inflation gauge, rose 3.5% in March from … Read more
[ad_1] Westend61 | Westend61 | Getty Images It’s unclear when the Federal Reserve could begin cutting interest rates, but many homeowners who took out a mortgage in recent years — as rates hovered between 6% and 7%, and even touched 8% — are paying attention for opportunities to refinance. Thanks to those high mortgage interest … Read more
[ad_1] Riska | E+ | Getty Images It may be a while longer before the Federal Reserve lowers interest rates, experts now say. That means savers can still earn the best returns on their cash in years, following a “nuclear winter for the better part of the last 15 years,” said Greg McBride, chief financial … Read more
[ad_1] Comstock Images | Stockbyte | Getty Images It’s not unusual for new homeowners to face financial surprises, but people buying a newly built home may be more likely to encounter sticker shock on a key expense. Almost 75% of recent homebuyers had regrets about their purchase, according to a 2023 survey from Real Estate … Read more
[ad_1] President Joe Biden delivers remarks on new Administration efforts to cancel student debt and support borrowers at the White House on October 04, 2023 in Washington, DC. Kevin Dietsch | Getty Images Tax treatment of student loan forgiveness Student loan forgiveness is federally tax-free through 2025 — thanks to a provision from the American Rescue Plan … Read more
[ad_1] Jon Lovette | Stone | Getty Images There is a record number of areas in the U.S. where the “typical” home is worth $1 million or more. In February, the country had 550 “million-dollar” cities, or areas where the “typical” home value is $1 million or more, according to a new analysis by Zillow. … Read more
[ad_1] If you’re having money problems, someone on TikTok has a solution. Between “cash stuffing,” the “100 envelope” method or the “no-spend” challenge, there’s no shortage of suggestions to better your financial standing. “The gamification can be kind of fun,” said Ted Rossman, senior industry analyst at Bankrate. But like any other quick fix, these … Read more
[ad_1] If you have more than $250,000 in deposits at a bank, you may want to check that all of your money is insured by the federal government. The Federal Insurance Deposit Corporation, or FDIC, implemented new requirements for deposit insurance for trust accounts starting April 1. While the FDIC’s move is intended to make … Read more