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The rate on a 30-year fixed refinance increased to 6.84% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.72%, and for 20-year mortgages, ...
Overall, the change will see borrowers being charged more than $27 billion in interest over the next 12 months.
Key takeawaysFederal student loan rates are fixed and set by a formula created by Congress that changes annually. For the ...
On August 1, interest resumes for 7.7 million borrowers under the SAVE plan after a year-long pause, following legal ...
Federal student loan borrowers who enrolled in President Biden’s SAVE income-driven repayment plan have been in an ...
By next summer, new borrowers will have just two repayment options, streamlining the previous menu to pay off ...