This state wants to pay off $40K in student loan debt for first-time homebuyers

New details have been released about a bill in the Maine legislature that would offer significant student debt relief for first-time homebuyers in the state.

Fed rate hike sends mortgage rates soaring past 4%

Following the Federal Reserve's decision to raise rates, mortgage rates surged past 4% this week for the first time since 2019, according to Freddie Mac.

Sen. Murray urges Biden to extend student loan payment pause until 2023

The Washington senator wants to postpone the restart of federal student loan repayment until 2023 to address issues with the “broken” borrowing system.

Federal Reserve raises interest rate to cool off inflation

For the first time since 2018, the Federal Reserve has raised its interest rate. Economists say it’s necessary to reign in inflation, but it will come with a short-term cost to your wallet.

Amazon closes $8.45B MGM studio acquisition

Amazon has closed its $8.45 billion acquisition of MGM Studios as it looks to boost its streaming service in competition with Netflix and Disney. 

'Competitive' spring homebuying season is starting early this year, industry analyst says

Despite higher prices, a recent decrease in mortgage rates and stabilizing inventory levels may be advantageous for homebuyers in the coming months, one economist recently said.

Netflix to launch test that requires subscribers to pay for users outside household

Netflix says it is testing a new feature for its members in Chile, Costa Rica and Peru, requiring users to add “sub accounts” for up to two people they don’t live with — and it will come at a cost.

Cadillac’s 1st all-electric Lyriq SUV to begin production in March, GM says

General Motors will begin production of the all-electric 2023 Cadillac Lyriq midsize SUV, the brand’s first electric vehicle, in March as planned and the company hopes to start making deliveries over the next few months.

Federal Reserve raises interest rates: What to do now

In order to fight decades-high inflation levels, the Federal Reserve raised rates for the first time since 2018 on Wednesday.