Understanding Cost-of-Living Adjustment (COLA): How It Works and Benefits

Discover what a Cost-of-Living Adjustment (COLA) is, how it compensates for inflation, and its impact on Social Security and SSI benefits.
Boston Herald

The latest dip brings the average rate to its lowest level since early October 2024.

The average rate on a 30-year U.S. mortgage fell for the fourth week in a row to its lowest level in more than a year. Lower mortgage rates boost homebuyers’ purchasing power. They also benefit ...
AOL

Mortgage and refinance rates for June 12, 2025: Average rates rise a day after softer-than-expected inflation data

Mortgage rates are determined by many factors that include inflation rates, economic conditions, housing market trends and the Federal Reserve's target interest rate. Lenders also consider your ...
AOL

Mortgage and refinance rates for May 14, 2025: Average rates show modest movement as inflation cools to 4-year low

Average mortgage rates are relatively steady as of Wednesday, May 14, 2025, a day after the new consumer price index showed inflation slowing more than expected at 2.3% year over year — the lowest ...
CNN

Analysis: How the White House is using misleading comparisons to make inflation sound better

The year-over-year inflation rate in January, the month President Donald Trump returned to the White House, was 3.0%. The year-over-year inflation rate in September, the most recent month for which ...
Politifact

Has overall inflation eased under Donald Trump? It depends on the measure

The most basic measure of year-over-year inflation has risen on President Donald Trump’s watch. After stripping out historically volatile food and energy prices, the inflation rate under Trump has ...
PBS

Average long-term mortgage rate drops to lowest level in more than a year

The average rate on a 30-year U.S. mortgage fell this week to its lowest level in more than a year, extending a recent trend that’s helped give lagging U.S. home sales a boost. The average long-term ...