Average

Inflation may cost the average American family an extra $11,500 this year

Inflation may cost the average American family an extra $11,500 this year

Americans would have to pay an extra $11,500 this year if they want to enjoy the same standard of living they maintained in 2020, according to new estimates from NerdWallet. The estimates, released in August, were based on inflation and annual spending data from the US Bureau of Labor Statistics (BLS). Analysts at the personal …

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Average US net worth by age: See how you stack up

Average US net worth by age: See how you stack up

Knowing how much money is available to you in your checking and savings accounts is important for budgeting and day-to-day spending. But these numbers don’t take into account other crucial aspects that contribute to your overall financial picture, including liquidable assets and liabilities, such as unpaid debts. That’s why knowing your net worth — and …

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Today's Mortgage and Refinance Rates: September 9, 2022 |  Average rates have increased further

Today’s Mortgage and Refinance Rates: September 9, 2022 | Average rates have increased further

Mortgage rates jumped this week. The average 30-year fixed mortgage rate hit 5.89%, surpassing its June high, according to Freddie Mac. The average 15-year fixed rate rose above 5% for the first time since 2008. Rates have risen dramatically in recent weeks as the Federal Reserve has pledged to continue to aggressively raise the federal …

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