Consumers are refinancing loans as a form of personal stimulus

Consumers are refinancing loans as a form of personal stimulus

Americans are using historically low interest rates to refinance their loans as a form of personal stimulus during the pandemic. “Mortgage volume is at record levels, and has been for quite some time and continues to crest upwards in terms of demand,” Brendan Coughlin, head of consumer banking at Citizens Bank, told Yahoo Finance’s The […]
Stock futures rise, paring declines after selloff

Stock futures rise, paring declines after selloff

Stock futures ticked up Wednesday evening, paring some losses after a sell-off during the regular session sent the Nasdaq back into negative territory for the year to date. The S&P 500 closed at its lowest level since April 23. Remarks earlier Wednesday from...
U.S. student loan interest rates plummet amid coronavirus downturn

U.S. student loan interest rates plummet amid coronavirus downturn

Federal student loan rates have fallen to the lowest on record, offering savings for new students borrowers as the coronavirus pandemic batters the economy and paralyzes the U.S. university system. Amid the coronavirus outbreak and the economic downturn, interest...