Category Archives: Finance

Biden Approves $5.8 Billion in Student Debt Cancellation for 78,000 Borrowers

The Biden administration continued its effort to extend student debt relief on Thursday, erasing an additional $5.8 billion in federal loans for nearly 78,000 borrowers, including teachers, firefighters and others who largely work in the public sector. To date, the administration has canceled $143.6 billion in loans for nearly four million borrowers through various actions, […]

Closing Costs for Buying a Home Have Risen Along With Rates

Real estate agents and lenders typically suggest loan settlement providers and insurance agents they are familiar with, but borrowers don’t have to go with their recommendations and can shop around, Ms. Cornelissen said. Steve Gottheim, general counsel with the American Land Title Association, which represents the title insurance industry, said the cost of the insurance […]