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Mortgage Rates Hover at 7.4%, Highest Since 2023
The average 30-year, fixed-rate mortgage has steadily risen in recent weeks, compounding affordability challenges for many Americans.
© The New York Times
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Rising Costs Push Necessities Out of Reach for Nearly Half of Americans
Inflation has made basic goods hard to afford and attitudes toward inequality have changed, studies from the Pew Research Center showed.
Many Americans are intensely anxious about their ability to afford daily life.
Social Security COLA for 2027 Will Be 3.6%
The cost of living adjustment, or COLA, for next year will be the largest since 2023. Retirees will see the extra money in their benefit checks starting in January.
A Social Security Administration office in Jamaica, Queens.
© Dave Sanders for The New York Times
