FINANCE NEWS

- A survey on the Consumer Price Index showed 3.2% inflation in July. - This week, $39 billion in student loan debt will be forgiven. - This summer's higher gas costs are a result of the heat-related difficulties at oil refineries. - With 187,000 new jobs created in July, unemployment decreased to 3.5% - A survey found that 20% of student loan debtors will pay $500 per month when payments resume. How can the real estate crisis involving China's Evergrande affect the world economy? ECONOMY How can the real estate crisis involving China's Evergrande affect the world economy? How does interest on a mortgage work? How are interest rates determined? FINANCE How does interest on a mortgage work? How are interest rates determined? In the US, would mortgage rates increase further in 2023? FINANCE Will mortgage rates stay the same?

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