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Personal Finance Daily: Why more people aren’t buying homes as mortgage rates drop and Facebook wants to pay you for your data

Friday's top personal finance stories Read More...

Happy Friday, MarketWatchers. Don’t miss these top stories:

Personal Finance
Former for-profit college students will have $168 million in student debt cancelled

The debt discharge is part of a deal between the CFPB, state attorneys general and a company that managed private student debt on behalf of ITT.

Facebook wants to pay you for your data — read this before you sign up

Some privacy experts have sounded the alarm over Study, the company’s latest foray into ‘market research.’

The No. 1 reason adults support legalizing marijuana (it’s not to get high)

A recent Gallup poll delved into why some Americans want cannabis legalized.

With mortgage rates at 2-year lows, here’s how to decide whether to refinance your home loan

More people are pursuing refinances as mortgage rates have dropped.

Where the 2020 candidates stand on student debt and college affordability

Free college and student-loan refinancing will be up for debate during this election cycle.

You can now get drunk on peanut butter

A craft brewer says it’s tapping into the “nostalgia” of the popular food — and it’s safe for people with peanut allergies.

Uber says its drone delivery will cost the same as Uber Eats — it’s one of the cheapest delivery apps (for now)

How Uber Eats compares with Postmates, Grubhub and DoorDash.

Want better sleep? Here’s the No. 1 bed pillow for under $50, according to experts

You won’t believe the disgusting things crawling on your bed pillow. It’s time to replace it.

Mortgage rates are dropping — so why aren’t more people buying homes?

Lower interest rates offer real savings, but that may not be compelling enough to would-be home buyers.

Elsewhere on MarketWatch
Mortgage rates hold at two-year lows, giving borrowers another shot at the action

Rates for home loans held steady and declined as financial markets bore the brunt of geopolitical upheaval and concerns about lower growth

The rise of a few ‘superstar cities’ hobbles the job and housing markets

Long-standing trends in the American economy are now self-reinforcing and worsening income inequality while making job markets less mobile and housing markets more sharply divided between haves and have-nots.

Investors snap up stocks at fastest pace in 3 months

Investors snapped up stocks at the fastest pace in three months in the week ended June 12, analysts said on Friday.

Why the next bear market could shave 35% off the Dow

Stock market downturns tend to be more severe when they start from high valuations, writes Mark Hulbert.

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