Getting some breaking news out of the New York Fed. For that, we'll turn to Steve Leeman. Morning, Steve. >> Morning, Carl.Household debt, the third quarter New York Fed household debt and credit report, household debt uh balances rising uh by 197 billion. Call it 200 billion to 18.6% trillion. Uh that's a new record, but up only modestly.Mortgage and student loan and credit card debt all rose modestly. He locked debt up a little bit uh more actually a little bit elevated but auto loan debt which we've been ...

RT X (@XaviercMiller)You don’t see neighborhoods like this anymore because most young parents don’t own homes. Less than 5% of mortgage holders are under 30 in major metros, and the average homeowner is over 50.That’s why most neighborhoods or suburbs feel empty, they’re owned by older people whose kids are grown, while younger families are renting apartments & priced out of the communities. ...

Learn why early mortgage payments are mostly interest, how amortization affects this, and strategies to reduce interest costs over your loan term. https://t.co/yLDGxbYFCz ...

Discover whether paying off your mortgage before retirement is the right move by considering interest rates, peace of mind, and the need for financial flexibility. https://t.co/j779rmrduc ...

Well, refinancing a mortgage allows a homeowner to trade in their existing loan for a new one with better terms like a lower principal, interest rate, or monthly payment. But there is a cost to refinancing. Here to break down what homeowners can expect to pay, Yahoo Finance personal finance editor Laura Grace Tarpley.So, Laura Grace, what are some of the closing costs that people have to be aware of with refinancing. >> Hi, Julie. Yeah.So, like you just said, when you refinance your mortgage, what you're ac ...

From @WSJopinion: The mortgage isn’t the foundation of the American Dream. It’s the scam of the century: a loan so exploitative it required a federal law to disguise its true nature, writes Patrick M. Brenner. https://t.co/w2Ee4Qns9k ...

Old debt, new crisis: Forgotten second mortgages are resurfacing across America and the cost could be your house https://t.co/VxTuDwSWH7 ...

Personal Finance Tools & Resources - Yahoo Finance offers tools to help build wealth [1] - Yahoo Personal Finance provides resources for portfolio management and market data [1] Mortgage Refinancing - Report discusses the cost of refinancing a mortgage and how to determine if it's worthwhile [1] Medicare Open Enrollment - Information on Medicare open enrollment season is provided [1] - Guidance on maximizing Medicare coverage is available [1] Yahoo Finance Platform - Yahoo Finance provides free stock ticker data and up-to-date news [1] - Yahoo Finance offers advanced tools and comprehensive market data [1] - Yahoo Finance is accessible via website and mobile app on Apple and Android [1] - Yahoo Finance is present on social media platforms including X, Instagram, TikTok, Facebook, and LinkedIn [1]

From @WSJopinion: The mortgage isn’t the foundation of the American Dream. It’s the scam of the century: a loan so exploitative it required a federal law to disguise its true nature, writes Patrick M. Brenner. https://t.co/0AI2KTgT6J ...

Housing Market & Debt Crisis - Resurfacing of forgotten second mortgages across America [1] - Potential risk of homeowners losing their houses due to these debts [1]