Understanding APR in Personal Loans

Understanding APR in Personal Loans

APR reflects the total cost of a personal loan, including interest and fees. It varies by credit score, income, and loan terms. Comparing APRs helps borrowers assess true costs.

Abilene Motor Express to Merge into Swift Transportation

Abilene Motor Express to Merge into Swift Transportation

Abilene Motor Express, acquired by Knight Swift eight years ago, is being integrated into Swift Transportation. The move, effective January 27, involves transitioning drivers and contacting customers, as confirmed by internal communications from company leaders.

Mortgage Rates Drop After Trump Orders $200 Billion Bond Purchase

Mortgage Rates Drop After Trump Orders $200 Billion Bond Purchase

U.S. mortgage rates fell sharply after President Trump ordered a $200 billion mortgage bond purchase. The Federal Housing Finance Agency confirmed Fannie Mae and Freddie Mac would execute the buys, with an initial $3 billion purchase reported. The average 30-year fixed rate dropped to 5.99% on Jan. 9. JPMorgan Chase analysts expressed skepticism about the plan's market impact.