Average long-term US mortgage rate rises to highest level in nearly 3 years
Mortgage rates marched higher for the seventh week in a row, driving the average long-term U.S. home loan rate to its highest level in nearly three years


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10 stories in the last 7 days, reading bullish overall. Quiet in the last 24 hours.

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| Thu, Oct 8 | +8.6 | 5 |
| Wed, Oct 7 | −8.2 | 1 |
| Tue, Oct 6 | +28.1 | 4 |
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Mortgage rates marched higher for the seventh week in a row, driving the average long-term U.S. home loan rate to its highest level in nearly three years

More than 21 percent of financed new-car purchases now come with monthly payments of at least $1,000.

This is the first time the Alphabet-owned company has turned to debt financing.

A former firefighter started buying property with a $10,000 truck loan. He shares the strategies he used to grow his portfolio and quit his job.
Moab's new two-year pact with Jeep brings $250,000 in cash, loaned vehicles, and trail and event commitments under council-approved safeguards.

It's not just mortgages being at their highest level in almost three years - but the cost of loans for cars and higher education are among the borrowing costs…
Student Loan Repayment Options After SAVE: Stay Federal or Refinance?

Amazon Autos offers financing through participating lenders, but shoppers should still compare auto loans to find the best rates and terms.

Student loan borrowers now have until the end of 2026 to enroll in auto pay and have their interest rate reduced by 1%.

A reader writes: "We'd better get real quick or we're going to have a financial crisis that makes the Great Recession of 2008 look like a picnic."
Debt among older Americans is rising, both in terms of the number of older households carrying debt and the amount borrowed.
Also in Weekend Reads: Adjustable-rate mortgage loans, Gen Z entrepreneurs and advice from the Moneyist.
The states where borrowers owe the most in federal student loans, ranked by average balance
The average 30-year, fixed-rate home loan rose to 7.28 percent, up from 6.34 percent a year ago. More buyers are now turning to adjustable-rate mortgages.

The government continues to report to credit bureaus $4.6 billion in student debt owed by some 300,000 borrowers that should have been canceled, a lawsuit clai…
Student loan holders sued the Education Department on Thursday, claiming they suffered financial damages despite getting their debts forgiven years ago.

The average long-term U.S. mortgage rate rose this week above 7% for the first time since January 2025, the latest affordability setback for prospective homebu…

Employee-owned Neilcott Construction has repaid its buyout loan five years earlier than planned and seen pre-tax profit rise by more than 100 per cent. In its…

The Trump administration wants to put billions of dollars into Argentina's energy and mining industries

Higher interest rates could slow loan growth and raise banks' funding costs
When generosity comes with a strings-attached price tag, the situation can get ugly. That's why we need ground rules.
A 60-year-old took out student loans to help her kids succeed. She's facing retirement with a $156,000 balance.
Millions of student loan borrowers could see their monthly bills skyrocket if they don't move into an affordable repayment plan soon. Here's what to know.

One county lawyer's repayment saga stretches nearly 20 years, though she's tried 22 times over the past 20 months to erase her debt.

Aura Minerals (Nasdaq: AUGO) has secured a $200-million (C$280-million) syndicated loan as the gold miner builds its Era Dorada project in Guatemala and works…

Canadian uranium developer Global Atomic (TSX: GLO) has won conditional support for a $414.2 million (C$580 million) U.S. government loan to build its Dasa min…

The Federal Reserve increased its key rate by a quarter of a percentage point, but mortgages and other consumer loans have already trended higher.
The Federal Reserve raised rates for the first time in more than three years. Here's what that means for you.
Borrowing $90,000 worth of home equity could make sense now. Here's what your monthly payments will look like.

The Federal Reserve is widely expected to increase its key rate by a quarter of a percentage point, but mortgages and other consumer loans have already trended…
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