interest rates

Debt across the country hit a record $16 trillion this summer. People are buying more because of higher prices, and that means credit card debt is also going up.

NBC 7’s Claudia Simones spoke to a financial expert for tips on how to get rid of debt as soon as possible.

The U.S. Federal Reserve raised interest rates by another 0.75% on Wednesday.

With the U.S. federal reserve once again raising interest rates this week, there could be a flip-side. NBC 7’s Kelvin Henry takes a look.

The Federal Reserve announced Wednesday that they have raised the benchmark interest rate by 0.75% to curb high inflation.

San Diego-area homeowners have seen their home value skyrocket. But that’s still keeping some people out of the market. NBC 7’s Kelvin Henry has the story.

San Diego is one of the fastest cooling housing markets in the entire country, according to Redfin.

An amber alert is in effect for a San Diego baby after the body of her mom was found in Tijuana. And, the search continues for a missing teenager in Mission Beach. Plus, the federal reserve raises interests rates by three quarters of a percent.
Here’s What’s Up in San Diego County for June 15, 2022.

“We’ve seen financial conditions tighten,” Federal Reserve Chair Jerome Powell said Wednesday. “The next meeting could very well be about decision between 50 and 75 [basis points].”

The Fed raised its benchmark interest rate by half a percentage point, its most aggressive move in more than two decades. Here’s why and how that may impact your wallet

There’s more housing inventory on the market, but with mortgage rates sitting at just above 5%, it’s one reason one San Diego mortgage broker says some potential homebuyers are waiting on the sidelines until they put in an offer.

The median single-family home in San Diego County reached $1 million in April, according to resale housing statistics compiled through the San Diego Multiple Listing Service by the Greater San Diego Association of Realtors

An economist told NBC 7’s Kelvin Henry that some neighborhoods may be impacted more than others.

The Fed raised its benchmark interest rate by half a percentage point, its most aggressive move in more than two decades. Here’s why and how that may impact your wallet

Rising interest rates could help level off home prices in San Diego, but it could be a while.

“High interest rates mean that it becomes more expensive to service a mortgage,” a UC San Diego professor told NBC 7’s Kelvin Henry.

As the Fed tries to pump the brakes on inflation, it will get more expensive to borrow. Here’s how to prepare.

U.S. stock futures were little changed Thursday as bond yields and oil prices dropped.

The Fed’s shift away from low rates comes as the African American unemployment rate has sunk to 6.6%, a relatively low level historically but still twice the 3.3% rate among white Americans.

U.S. stock futures fell Wednesday, one day after the Dow and S&P 500 logged four-session winning streaks and the Nasdaq saw back-to-back gains.