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The Latest Breaking News from Bankrate

Gen Z and millennials say social media is pressuring them to buy what they can’t afford

TikTok can hurt your brain and your wallet.

Fortune

Bankrate: Existing-home sales, prices decline again

The housing market remained soft in April, a new report by the National Association of Realtors (NAR) shows. Sales of existing homes — previously occupied properties, rather than newly built homes — resumed their long downward slide. The number of sales in April was off 3.4% from last month and…

Tribune News Service

Latest mortgage news: Rates keep climbing

The Federal Reserve raised interest rates again in early May, and mortgage rates have responded by climbing. The average interest rate on 30-year mortgages rose to 6.66% this week, up from 6.58% last week, according to Bankrate’s national survey of large lenders.

Tribune News Service

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Millennials and homebuying: Real estate adapts to the largest generation

Millennials are the largest generation in the U.S., and everyone has been expecting members of this massive demographic cohort to reshape the housing market. So far, however, it hasn’t quite happened.

Tribune News Service

Don't Let Your Finances Control Your Mental Wellbeing — Here's How

Over half of U.S. adults claimed money had a negative impact on their mental health. Here's how to feel in control.

Kiplinger

The Pros of Investing in These 3 Gold Stocks in the Current Economic Climate

Gold is considered the ultimate safe-haven hedge against inflation as its value tends to rise in an uncertain economy. Recently, gold prices crossed the $2,000 level and a record high is in sight. Amid a volatile economic backdrop, investors could buy quality gold stocks Endeavour Mining (EDVMF), B2Gold (BTG), and…

StockNews.com

What the Fed's Latest Move May Mean For Savings Accounts

On Wednesday, the Federal Reserve raised rates yet again. Here’s what you need to know about the Fed’s impact on savings rates.

Kiplinger

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Wedding guest are spending over $600 per wedding in 2023

Between travel, accommodations, attire, grooming, and gifts, wedding guests are shelling out hundreds to witness the big day.

Fortune

When Different Generations Think Kids Should Start Paying Their Own Bills

A new survey shows generations think differently about when kids should start paying their own bills.

Kiplinger

What Financial Infidelity Is - And How to Avoid Problems

Nearly one in four Americans are keeping money-related secrets from their partners.

Kiplinger

Bank rates are up. How to avoid leaving money on the table

After years of paying low rates for savers, banks are finally offering better interest on deposits

The Independent UK

How to set your investment goals

More than half of American workers say they’re behind on saving for retirement, according to a recent Bankrate survey. For many people, retirement is the ultimate financial goal, so why do so many fall short? One reason may be a failure to set clear investment goals and stick with them…

Tribune News Service

Saving vs. Investing: Which Is Best?

Saving and investing are both key parts of a solid financial plan, so it's worth considering what is best for you.

Kiplinger

CD vs. High-Yield Savings Account: Which is Better?

Deciding between a CD vs. high-yield savings account? Here's how to choose based on your savings goals.

Kiplinger

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Kiplinger

Find the Best 30-Year Mortgage Rates Today

Here are some of the best 30-year mortgage rates today as they've started slowly going down.

Fortune

America's young adults are so broke they’re ruining their parents’ retirements

A majority of U.S. parents have made financial sacrifices to help their adult children, but it could backfire.

The Street

IRS Overhaul Means Chances of an Audit Increases Tenfold (For The Wealthy)

The IRS plans to use the $80 billion in new federal funding to increase audits of corporations and wealthy residents.

The Street

Here's Why Over Half of Americans Are Looking for New Jobs This Year

With layoffs looming, U.S. workers head for the exits – before the axe falls.

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news in one place.

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Tribune News Service

56% of workers plan to look for a job in the next 12 months, survey says

Last year, as part of the “Great Resignation,” many workers were looking for new jobs with better pay and flexibility. This year, more workers are seeking new jobs than in 2022: More than half (56 percent) of the workforce is likely to look for a new job in the next…

Kiplinger

Best No-Penalty CD Rates: Lock in Rates Over 4%

Here are some of the best no-penalty CD rates available, with some offering APYs of over 4%.

The Street

Just Being A Wedding Guest Costs A Sickening Amount In 2023

"The cost of attending is understated," Bankrate Senior Analyst Ted Rossman says of this year's wedding season.

The Street

The 30 Most Affordable Cities to Buy a Home

These cities might appeal to first-time buyers struggling to scrape together a down payment and qualify for higher-rate mortgages.

The Independent UK

Credit card debt is at record high as Fed raises rates again

As the Federal Reserve raises interest rates again, credit card debt is already at a record high, and more people are carrying debt month to month

Fortune

A 3-step guide to filing for unemployment benefits if you’re laid off

The process can drag on for weeks, so getting started early is key.

Axios

Credit card debt soars as perks proliferate

Banks are piling on the perks while debt soars.

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