2021 sees most cash-out refinances in nearly two decades: Black Knight data

2021 sees most cash-out refinances in nearly two decades: Black Knight data

Cash-out mortgage refinances increased in 2021, as rising home prices and low mortgage rates incentivized homeowners to tap into their home equity, the latest data from Black Knight showed.

Cash-out mortgage refinances increased in 2021, as rising home prices and low mortgage rates incentivized homeowners to tap into their home equity, the latest data from Black Knight showed.

Ex-HP exec pleads guilty to siphoning off $5M from Silicon Valley employer

Ex-HP exec pleads guilty to siphoning off $5M from Silicon Valley employer

Shelbee Szeto's guilty pleas in an Oakland courtroom to wire fraud, money laundering and a tax charge came with a long list of items she was forfeiting, including a 2020 Tesla sedan, a 2021 Porsche SUV, and several bags and purses from Dior, Gucci, Hermes, and Chanel, federal prosecutors said.

Shelbee Szeto's guilty pleas in an Oakland courtroom to wire fraud, money laundering and a tax charge came with a long list of items she was forfeiting, including a 2020 Tesla sedan, a 2021 Porsche SUV, and several bags and purses from Dior, Gucci, Hermes, and Chanel, federal prosecutors said.

How your student loans could be impacted by the Fed rate hike

How your student loans could be impacted by the Fed rate hike

Variable student loan rates are likely to rise after the Federal Reserve's March interest rate increases. This could mean higher monthly loan payments for some current borrowers.

Variable student loan rates are likely to rise after the Federal Reserve's March interest rate increases. This could mean higher monthly loan payments for some current borrowers.

Chevron workers strike: 500 Richmond refinery workers walk picket lines

Chevron workers strike: 500 Richmond refinery workers walk picket lines

More than 500 Chevron union workers took to the picket line on Monday, when contract negotiations broke down. The workers say Chevron's offer is insufficient, given the Bay Area's high cost of living. The company brought in replacement workers.

More than 500 Chevron union workers took to the picket line on Monday, when contract negotiations broke down. The workers say Chevron's offer is insufficient, given the Bay Area's high cost of living. The company brought in replacement workers.

Chevron refinery workers to go on strike

Chevron refinery workers to go on strike

Workers at the Chevron oil refinery are going on strike in Richmond tomorrow.

Workers at the Chevron oil refinery are going on strike in Richmond tomorrow.

Fed rate hike sends mortgage rates soaring past 4%

Fed rate hike sends mortgage rates soaring past 4%

Following the Federal Reserve's decision to raise rates, mortgage rates surged past 4% this week for the first time since 2019, according to Freddie Mac.

Following the Federal Reserve's decision to raise rates, mortgage rates surged past 4% this week for the first time since 2019, according to Freddie Mac.

Sen. Murray urges Biden to extend student loan payment pause until 2023

Sen. Murray urges Biden to extend student loan payment pause until 2023

The Washington senator wants to postpone the restart of federal student loan repayment until 2023 to address issues with the “broken” borrowing system.

The Washington senator wants to postpone the restart of federal student loan repayment until 2023 to address issues with the “broken” borrowing system.

'Competitive' spring homebuying season is starting early this year, industry analyst says

'Competitive' spring homebuying season is starting early this year, industry analyst says

Despite higher prices, a recent decrease in mortgage rates and stabilizing inventory levels may be advantageous for homebuyers in the coming months, one economist recently said.

Despite higher prices, a recent decrease in mortgage rates and stabilizing inventory levels may be advantageous for homebuyers in the coming months, one economist recently said.