Washington, DC CNN – Mortgage rates fell slightly this week, as a smaller rate hike by the Federal Reserve indicated a promising improvement on inflation. The average 30-year mortgage rate was 6.09% in the week ended February 2, down from 6.13% in the previous week, according to data from Freddie Mac released Thursday. A year …
Mortgage rates are falling for the fourth consecutive week Read More »
CNN – President Joe Biden announced new progress Wednesday in his administration’s “competition agenda,” specifically targeting unwanted fees as he called on Congress to pass legislation targeting hidden fees across multiple industries. Those costs could “drain hundreds of dollars a year out of the pockets of hard-working American families, especially people who are already struggling …
CNN – Progressive and State Farm, two of America’s largest auto insurers, are refusing to write policies in certain cities for some older Hyundai and Kia models that were deemed too easy to steal, according to the companies. Many reports indicate that companies have stopped offering insurance for these vehicles in cities that include Denver, …
Some car insurance companies refuse to cover some Hyundai and Kia models Read More »
Washington, DC CNN – Tesla CEO Elon Musk took the witness stand for a second day on Monday and tried to explain the thought process behind a controversial “secured financing” tweet from 2018, dismissing the idea that it was partly a joke. Musk, Tesla and the company’s directors are facing a shareholder lawsuit over the …
Elon Musk is back on the scene in a class action lawsuit over a controversial tweet Read More »
