When Paying Down Debt Is the Better Investment One thing needs to be said clearly before any of this applies: if you’re struggling to cover food, rent, or other truly essential living costs, those come first, ahead of debt repayment and ahead of investing of any kind, employer matching included.…

Mortgage rates fell this week to the lowest level in more than a month, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage declined to 6.47% from last week’s reading of 6.52%. The average rate…

A new report on the U.S. housing sector finds that activity remains subdued through the first part of the year as high costs suppress demand. The Joint Center for Housing Studies of Harvard University released its annual “State of the Nation’s Housing” report on Wednesday, which found that existing home…