What that means for your money

Five ways the Fed affects your finances “Rates have slowly increased recently as banks guard against the risks they see in an uncertain economy, and I think the growth is likely to continue until the Fed moves,” said Matt Schulz, chief credit analyst at LendingTree.  “Any jumps are unwelcome news for cardholders already being pushed … Read more

Natural disaster victims would get six months of mortgage relief under Senate bill

LOS ANGELES — Natural disaster survivors would be eligible for six months of mortgage relief under a bill introduced Thursday by two senators whose states have been ravaged by wildfires and floods. The Mortgage Relief for Disaster Survivors Act would apply to homeowners with federally backed loans in areas declared disasters since Jan. 1 without … Read more

What to know about the Senate affordable housing bill

UNITED STATES – JULY 29: From left, Chairman Tim Scott, R-S.C., Sen. Tina Smith, D-Minn., and ranking member Sen. Elizabeth Warren, D-Mass., attend the Senate Banking, Housing and Urban Affairs Committee markup of the ROAD to Housing Act, in Dirksen building on Tuesday, July 29, 2025. (Tom Williams/CQ-Roll Call, Inc via Getty Images) Tom Williams … Read more