How much house can I afford comes down to four levers: your income, your existing debt, your interest rate, and your down payment. Many lenders still use roughly 43% of gross income as the ceiling for total monthly debt payments, and many borrowers are more comfortable closer to 36%, which is why the same salary … Read more
Quick answer: The 10-year Treasury yield slipped from 4.95% to 4.90% (-0.05 points) as of 11/04/2026, per Treasury.gov. Because mortgage rates track this benchmark closely, a move this size typically nudges 30-year mortgage rates down by a similar, though not identical, amount. What Is the 10-Year Treasury Yield and Why Does It Move? The 10-year … Read more
Direct answer: The IRS says the Working Families Tax Cuts helped it collect a record $5.6 trillion in FY2026 while sending out bigger, faster refunds to more people — it does not require most taxpayers to do anything new. What did the IRS actually announce? On October 29, 2026, the IRS released IR-2026-129, announcing in … Read more
Direct answer: The Bisignano Trump Accounts donation is a private, $250-per-child gift from IRS CEO Frank Bisignano’s family fund to kids ages 2–8 in his old Brooklyn ZIP code — it does not change federal rules or give money to families outside that ZIP code. What Is the Bisignano Trump Accounts Donation? On October 29, … Read more
The 10-year Treasury yield edged up 0.06 percentage points to 5.05% as of October 28, 2026. Because this yield is the benchmark that lenders use to price long-term fixed mortgages, small moves like this one typically nudge mortgage rates in the same direction, though not always by the same amount. What Is the 10-Year Treasury … Read more
Direct answer: Starting with 2026 tax returns filed in 2027, the IRS says taxpayers who take the standard deduction can claim a new, permanent charitable contribution deduction of up to $1,000 ($2,000 for married couples filing jointly) for qualifying cash gifts to charity. What did the IRS actually announce on Nov. 10, 2026? In IR-2026-135, … Read more
Direct answer: The IRS’s Oct. 22, 2026 notice (IR-2026-127) isn’t a new law or filing requirement — it’s a seasonal reminder that taxpayers can get a free Identity Protection PIN and should guard their IRS online account login before the 2027 filing season opens. What did the IRS actually announce on Oct. 22, 2026? The … Read more
The IRS’s 2027 tax inflation adjustments raise the standard deduction, shift tax bracket thresholds upward, and increase the child tax credit — changes that apply to income earned in 2027 and reported on returns filed in 2028, not your upcoming 2026 return. What are the 2027 tax inflation adjustments? The Internal Revenue Service announced the … Read more
The 10-year Treasury yield rose to roughly 4.98% on November 10, 2026, up about 0.10 percentage points, after a hotter-than-expected October inflation report. Because mortgage pricing tracks this benchmark closely, moves like this one typically filter into home-loan rates within days, though not dollar-for-dollar. What Is the 10-Year Treasury Yield and Why Does It Matter? … Read more
On October 22, 2026, the IRS rolled out a new IRA correction program — called the IRA Compliance Resolution System (ICRS) — that will let IRA owners and custodians fix certain account errors starting May 1, 2027, while also updating the existing correction rules for 401(k)s and other workplace retirement plans, effective immediately. What did … Read more
GoSpend explains how the math works, not what you should do with your money.