Recent Posts

More than half of U.S. high school students will take a personal finance class before graduation

CNBC’s senior personal finance correspondent Sharon Epperson speaks with high school students as part of Junior Achievement of Middle Tennessee’s Finance Park financial literacy program. Sam Wiseman High schools are increasingly offering real-world financial lessons to students — and soon more than half of U.S. high schoolers will be required …

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Mortgage rates dip below 7%—how much you’d pay for a house

Homeownership became more affordable this week, as 30-year fixed mortgage rates dropped below 7% for the first time since August. After a peak of nearly 8% in late October, the average 30-year mortgage rate has been sliding every week since. As of Thursday, the rate is 6.95%, according to Freddie …

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Most people consider themselves ‘HENRYs,’ despite their net worth

These days, fewer people feel financially comfortable, let alone rich. The average household’s net worth has soared in recent years, rising 37% between 2019 and 2022, according to the survey of consumer finances from the Federal Reserve. Yet, even as households became wealthier, inflation and instability have left more people …

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