Pay down loan or save for home?

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Pay down loan or save for home?
Save for the home first because student loan won't hurt your credit, says Dr. Don.

Refinancing with a prepayment penalty
Treat it like a closing cost and figure out what the payback period would be, says Dr. Don.

Mortgage rates remain at higher levels
U.S. Treasury securities rebounded a bit on Wednesday, after three days of selling that saw the yield on the benchmark 10-year note hit its highest level in almost two years. Buyers came back to Treasuries today after two Fed officials, in separate speeches, suggested last night that the Fed is nearing the end of its rate-hike campaign. Early buying sent prices upward and yields, which move in the opposite direction of prices, back down.

Interest Rate Roundup
Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.

IRS ruling could end down payment charities
The tax man wants to close a loophole that has allowed hundreds of thousands of families to buy homes without saving for down payments.