Why July is an ideal time for a mid-year money check-in

Wealth Enhancement Group senior vice president and financial advisor Nicole Webb discusses whether Americans are saving enough to retire on ‘Making Money.’ July is often thought of as a time for home improvement projects, well-deserved vacations and leisurely day trips. In addition to these activities, financial pros say that the mid-year month of July is … Read more

Gas prices drop as demand for driving fizzles out: AAA

Motorists have less appetite for road trips this summer because of soaring temperatures. (iStock) Gas prices dropped in sync with demand as drivers have had less appetite to hit the road this summer because of high temperatures, according to AAA.   The national average cost for a gallon of gas fell four cents to $3.50 from … Read more

Mortgage rates lower as talk of interest rate cuts intensify: Freddie Mac

Mortgage rates drop, but borrowers hesitate in hopes that they will go lower.  (iStock) Mortgage rates tumbled further this week as strong economic data and a positive inflation report provided some reassurance that the Federal Reserve may finally pull the trigger on interest rate reductions. The average 30-year fixed-rate mortgage was 6.77% for the week … Read more