The plan announced Wednesday by President Joe Biden is expected to help 125,000 student loan borrowers by eliminating debt through existing programs.
Nation and World
By Alex Veiga and Matt Ott Associated Press
Freddie Mac said the average rate on a 30-year home loan reached its highest level since 2002, which could increase costs for borrowers by hundreds of dollars a month.
By Christopher Rugaber The Associated Press
The latest interest rate increase, though smaller than previous hikes, will likely further raise the costs of many consumer and business loans.
By Alex Veiga The Associated Press
The increases cover IRAs as well as 401(k) and other retirement plans.
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