Home affordability is the worst it has been in nearly 40 years, study shows
U.S. home prices recently faced their sharpest rise since November.
IRS announces changes impacting catch-up contributions
Eligible Americans saving for retirement can continue catch-up contributions on a pretax basis through 2025.
Popular summer vacation destinations across US see uptick in vacancies
Vacation hotspots across the country saw vacancy rates as high as 20% this summer
Home prices will rise in 2023 as affordability crisis worsens, Goldman says
Goldman Sachs projects home prices to climb by 1.8% this year amid housing shortage
American Airlines slapped with record-breaking $4.1M penalty for stranding passengers on delayed flights
The federal government is fining American Airlines $4.1 million for dozens of instances in which passengers were kept on board planes without a chance to exit during long ground delays.
Federal Reserve signals potential interest rate hikes to sustain strong US economy
The continued strength of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said.
Can the Federal Reserve keep raising interest rates?
After a year of rising interest rates, the Federal Reserve is expected to change course at its next meeting.
Today’s lowest mortgage rate? 10-year terms at 6.625 percent | August 22, 2023
Check out the mortgage purchase rates for August 22, 2023, which are mostly unchanged from yesterday.
Survey: Gen Z, millennial couples say it's too expensive to get married
More Gen Z and millennials are saying “I do…not."
Here's how much workers are demanding to start a new job
The lowest wage that American workers are willing to take in order to accept a new job has hit a record high this year, survey results show.
Gen Xers face alarming retirement shortfall, study says
The typical Gen X household has saved less than what is needed to finance a secure retirement, according to a study from the National Institute on Retirement Savings.
Options for new cars under $20,000 limited to a single choice
Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000. Now, there’s just one.
Looming UAW strike could cost US economy more than $5B in just 10 days
If the United Auto Workers decides to strike against the "Big Three" Detroit automakers when the current contract expires next month, it could cost the U.S. economy more than $5 billion.
Americans burning through excess savings from the pandemic, SF Fed study says
Americans are burning through the excess savings they accumulated during the COVID-19 pandemic thanks to a big burst of stimulus money from the federal government and limited spending.
Gas prices fire up as summer draws to a close: AAA
The national average price for a gallon of gas increased this week despite a decrease in oil prices, AAA reported. But severe weather could have a major impact on gas prices in the weeks to come.
Today’s lowest mortgage rates? 15-year terms at 6.25 percent | August 18, 2023
Check out the mortgage purchase rates for August 18, 2023, which are unchanged from yesterday.
Biden forges ahead with new student loan forgiveness repayment plan after clearing legal hurdle
President Joe Biden can move ahead with a new income-driven repayment plan that will forgive as much as $39 billion of student loans after a judge dismissed a legal challenge to the plan earlier this week.
City of Austin adopts $5.5B FY 2023-24 budget
Council’s approval comes after several months of stakeholder engagement, including town halls, community budget input meetings, and a public survey.
Today’s lowest mortgage rates? Shorter terms hold the biggest savings | August 16, 2023
Check out the mortgage rates for August 16, 2023, which are largely unchanged from yesterday.
Homebuilder sentiment plummets as mortgage rates surge again
Builder confidence unexpectedly dropped for first time this year.