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Average US Long-Term Mortgage Rate Falls to 6.48%, Retreating From Its Highest Level in 9 Months

The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate fell to 6.48% from 6.53% last week, mortgage buyer Freddie Mac said…

In Loving Memory of Warren Pinchuck

Brooklyn Born. Warrior. Soldier. Lifelong Champion. Beloved Father. The Competitor Warren Pinchuck was, from his earliest days on the courts of Brooklyn, a true warrior — a man who played to win. Tenacious and sharp, this warrior earned his trophies…

Debt ceiling deal: US House overwhelmingly passes bill

A deal allowing the US to borrow more money has moved closer to becoming law, days before the world’s biggest economy is due to start defaulting on its debt. The measure easily passed the House of Representatives by a vote…

Student loan borrowing is ‘high stakes’ as new rules take effect on July 1, CFP says

Student loan borrowers who take certain steps will soon face fewer repayment and debt forgiveness pathways, due to President Donald Trump’s One Big Beautiful Bill Act. “Be very careful when it comes to taking out new student loans,” said Landon Warmund, a certified financial planner and certified student…

Warren Buffett told CNBC he could end America’s deficit crisis ‘in five minutes.’ Would his solution still work in 2026?

I could end the deficit in five minutes,” he said. “You just pass a law that says that any time there’s a deficit of more than three percent of GDP, all sitting members of Congress are ineligible for re-election. Yeah,…

10-year Treasury yield moves higher after Iran reportedly stops communication with U.S.

The 10-year Treasury yield ticked higher on Monday as tensions ramped up between the U.S. and Iran, further clouding the prospects for a deal to end the conflict. The yield on the 10-year — the key benchmark for mortgages, auto loans and credit…

Gil Singer: Tampa’s Veteran Debt Collection and Commercial Law Attorney

Gilbert “Gil” Singer is one of Tampa Bay’s most recognized attorneys in the fields of debt collection, creditors’ rights, and commercial litigation. With a career spanning more than four decades, Singer has built a reputation as a tenacious, creative, and…

Nearly Fifty Debt Collector Calls in Two Weeks a Legitimate FDCPA Practice

A debt collector seeking to collect on a GAP credit card debt placed 49 telephone calls over the course of 18 days. The cardholder filed suit, arguing the calls constituted harassment under the Fair Debt Collection Practices Act (FDCPA). Specifically,…

Student loan borrowers will have two new repayment options come July 1

Millions of federal student loan holders will have access to two new repayment options starting July 1, due to changes included in the One Big Beautiful Bill Act. As a result of the legislation, some student loan repayment plans are also going away. The Repayment…

Americans are ‘entrenched’ in financial stress amid debt and price pressures 

Economic conditions like gas prices well above $4 a gallon, according to AAA estimates, and annual inflation nearing 4%, per the Bureau of Labor Statistics, are pushing Americans’ financial stress levels higher. The National Foundation for Credit Counseling expects Americans’ economic stress levels to tick…