Chris Arnold

Chris Arnold appears in the following:

The U.S. Orders A Break On Mortgage Payments. What Does That Mean?

Sunday, March 22, 2020

If you lose income due to the coronavirus crisis, lenders can allow you to make partial — or no — payments for up to a year. Federal Housing Finance Agency Director Mark Calabria explains.


Many Cities Halt Evictions, But Renters Still Need Help

Friday, March 20, 2020

In the midst of a pandemic where people are supposed to stay home, many municipalities have halted evictions. But housing advocates want to see more action to help people who can't pay rent.


U.S. Orders Up To A Yearlong Break On Mortgage Payments

Thursday, March 19, 2020

The federal government is telling lenders to lower or suspend mortgage payments for up to 12 months for homeowners who have lost income due to the coronavirus outbreak.


Small Businesses To Washington: Please Send Money Soon Or We Won't Survive

Wednesday, March 18, 2020

Many small businesses have just a couple of weeks worth of cash on hand to pay rent and make payroll. Half of Americans own or work at a small business and they need help soon to stay afloat.


America Closed: Thousands Of Stores, Resorts, Theaters Shut Down

Monday, March 16, 2020

Retailers, bars, restaurants, gyms, ski resorts and many other firms are closing their doors. Millions of small businesses could be in trouble as they run out of cash. See a list of what's closed.


U.S. Coronavirus Testing Gets A Potential Breakthrough

Friday, March 13, 2020

U.S. public health experts say they're "flying blind" because they need much more testing to know how widespread the outbreak is. But a just-approved test could be a game-changer.


Ditching A Dream Cruise Vacation Is Painful Call

Wednesday, March 11, 2020

Thousands of people who booked vacation cruises are considering canceling. The federal government has taken the unusual step of advising people not to take a cruise given the coronavirus outbreak.


Mortgage Rates Fall To Record Lows. Does It Make Sense To Refinance?

Friday, March 06, 2020

Americans are jumping at the chance to save a lot of money by refinancing their home loans — as mortgage rates fall to record lows. Why are rates so low, and when does it pay to refinance?


Mortgage Rates Are Near All-Time Lows As Coronavirus Worries Hit Markets

Monday, March 02, 2020

Coronavirus fears have sent stock markets reeling, but they're also pushing mortgage rates down near historical lows. That's an opportunity for homebuyers and homeowners.


As Stock Market Plunges For Coronavirus Panic, Advisers Say: Stay The Course

Thursday, February 27, 2020

The stock market has been plummeting in recent days — on Thursday the Dow Jones Industrial Average lost nearly 1,200 points. Financial advisers are advising clients to not panic and stay the course.


Who Needs A Realtor? iBuyers Pay Instant Cash For Your House

Wednesday, February 26, 2020

Companies such as Opendoor, RedfinNow and Zillow will pay cash for your house and buy it quickly. New numbers show these types of sales are growing very quickly, but is it a good idea?


Life Kit: How To Find The Right Mortgage

Saturday, February 22, 2020

With rising home prices, many young people think they can't afford homes. But there are alternatives to the traditional 20% down payment, giving more people the opportunity of homeownership.


U.S. Credit Card Debt Hits All-Time High, And Overdue Payments Rise For Young People

Thursday, February 13, 2020

Credit card debt hit a new all-time high and delinquencies are rising sharply for younger people. Fortunately, most Americans are in much more solid financial shape than before the Great Recession.


Graduates Of Historically Black Colleges May Be Paying More For Loans: Watchdog Group

Wednesday, February 05, 2020

Graduates of historically black or predominantly Hispanic colleges might be paying more to borrow money because of where they went to school, according to a report from a financial watchdog.


Senators To CFPB: Why Are You Still Failing To Protect Student Loan Borrowers?

Thursday, January 30, 2020

Democratic lawmakers sent a letter to the director of the nation's top consumer watchdog agency demanding that the Consumer Financial Protection Bureau do its job supervising the student loan system.


FICO Is About To Change Credit Scores. Here's Why It Matters

Thursday, January 30, 2020

The firm says 40 million Americans' scores will drop by more than 20 points, and a similar number will rise.


Don't Be Like Jeff Bezos. Here's How To Keep Your Phone Safe From Hackers

Thursday, January 23, 2020

The world's richest man and high-tech mastermind, Jeff Bezos, allegedly was hacked by the crown prince of Saudi Arabia. What do you need to know to protect your phone from perhaps less royal attacks?


Myth Busted: Turns Out Bankruptcy Can Wipe Out Student Loan Debt After All

Wednesday, January 22, 2020

Many Americans who get overwhelmed by student loan debt are told student debt can't be erased through bankruptcy. Now more judges and lawyers say that's a myth and bankruptcy can help.


Life Kit: How To Make Budgeting A Successful New Year's Resolution

Sunday, January 05, 2020

NPR's Life Kit podcast tackles budgeting and how it might even be an enjoyable New Year's resolution.


Student Loans A Lot Like The Subprime Mortgage Debacle, Watchdog Says

Monday, December 09, 2019

Mike Calhoun rang the alarm bell early on about the subprime mortgage debacle — before reckless lending drove the economy into recession. These days, he's sounding the alarm about student loans.