Personal Finance

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A new report reveals the top most affordable states in the U.S. But some states on the East Coast have particularly high home prices. Here’s what you need to know.Back-to-school spending in 2023 could reach a record high of more than $40 billion, largely due to demand in electronics, a survey reported. At the same time, Americans continue dealing with high inflation.Mortgage rates declined this week, but remain elevated, Freddie Mac reported.

Many Americans who used the pause on student loan payments to reduce debt may now have to reverse course, according to a recent Empower survey.6 days ago Borrowers in states with the highest borrowing rates are set to get the biggest share of Biden's student loan forgiveness under the new income-driven repayment plans.The average price of gas dropped this week as oil prices follow a downward trend, according to AAA. Motorists may see some pressure at the pump as they get closer to Labor Day weekend.Home prices increased 2.6% from last year, Redfin reported.

 

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