Elon Musk Participates in Town Hall-Style Event on Voting

Published on October 17, 2024

Elon Musk participates in a town hall-style event to promote absentee and early voting as well as voter registration, at 4:00 p.m. ET on Oct. 17. ...

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30-Year Mortgage Rate Inches Closer to 6.5 Percent: Freddie Mac

October 17, 2024
The 30-year fixed-rate mortgage climbed for the third consecutive week, inching closer to 6.5 percent, according to Freddie Mac.The federal agency’s Primary Mortgage Market Survey revealed that for the week ending Oct. 17, the average 30-year fixed-rate mortgage rose by 12 basis points to 6.44 percent.Fifteen-year fixed-rate mortgages also jumped by 22 basis points to 5.63 percent.Both are at thei

Upside-Down Car Loans Owed by Americans Hit All-Time High

October 17, 2024
An increasing number of U.S. citizens with auto loans now have debts that exceed the vehicle value, according to automotive resource firm Edmunds.“The share of Americans who are upside down on their auto loans is on the rise,” said an Oct. 15 press release from Edmunds.Upside-down loans are debts where the borrower’s loan balance is higher than the worth of the car. In the third quarter of this ye