Mortgage rates moved slightly higher this week. But whether that feels like good news or bad news depends on one thing: when you started shopping for a home.The average rate on a 30-year fixed-rate mortgage rose four basis points to 6.51% APR in the week ending July 23, according to rates provided to NerdWallet by...

When family asks for money help, your decision can be muddied by guilt, obligation, cultural expectations and a desire to make sure loved ones are taken care of. But how do you handle financial requests if your own budget is stretched thin?New research from the Federal Reserve Bank of Richmond finds that there are real...

The 2008 housing crash was the result of a perfect storm, fueled by reckless lending and blind market confidence. Today, we have stricter underwriting and tempered attitudes, yet 60% of Americans believe we’ll enter a recession in the next year, according to NerdWallet’s Consumer Financial Resilience Index. That fear isn’t entirely unfounded. On average, economic...

A Redditor recently asked how to handle a friend who asks for financial help. In this case, the friend was between jobs and asked to borrow $5,000. The problem? The Redditor said the friend was continuing to make bad financial decisions amid the struggle. While the Redditor’s initial instinct was to say “no,” they felt...