Personal Finance Advice and Commentary

Black and Latino homebuyers in communities of color received significantly fewer conventional mortgages than white homebuyers.

Financial service companies are barred by federal law from discriminating — yet still, it occurs.

A few weeks ago, I wrote about the multi-decade low in U.S. CD balances. As you can see in the chart below, researched by our own Chris Persaud, there’s little mystery to why that is. When the Federal Reserve lowers its key federal funds rate, CD rates dive. CD investors, in turn, refuse to roll