Happy Monday everyone! We made it through another month and it is officially the first day of June! Stock futures are slightly lower today as Wall Street aims for its third straight monthly advance. Treasury yields also climbed to start the week and demand for mortgage bailout has slowed to a trickle despite the coronavirus fallout. We are also reading that Chase has joined a handful of other credit card issuers in offering assistance to those financially burdened by the coronavirus pandemic and how a 529 savings plan can help you pay for more than just college.
U.S. stock futures pointed to slight losses to begin June trading on Wall Street after consecutive monthly gains.
Treasury yields climbed on Monday to start June trading as investors continued to assess the risks regarding the economy reopening as well as the U.S.-China tensions.
Despite record-high unemployment and massive economic fallout from the coronavirus pandemic, fewer homeowners appear to be struggling to make their monthly mortgage payments now than at the start of the crisis. The number of borrowers seeking relief from government and private lender emergency mortgage bailout programs has slowed dramatically.
Chase cardholders could have payments deferred, fees waived, credit lines increased if affected by coronavirus
Chase has joined a handful of other credit card issuers, like American Express, Capital One, Chase, Citi and Discover, in offering assistance to those financially burdened by the coronavirus pandemic.
A 529 savings plan can do more than just help you pay for college — and those benefits could come in particularly handy during the coronavirus pandemic.