Credit card debt stands at $1.25 trillion
Credit card balances fell in the first quarter of 2026, decreasing by $25 billion, to $1.25 trillion, according to a new report
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Real Estate
Mortgage rates jump to highest level since March
An exceptionally hot read on inflation early Wednesday, the government’s Producer Price Index, or PPI, sent bond yields higher, and
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Mortgage rates move to highest level in 5 weeks
Homes at a new development in Fontana, California, US, on Saturday, May 9, 2026. Kyle Grillot | Bloomberg | Getty
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Zohran Mamdani’s pied-à-terre property tax is a ‘go.’ Will it work?
New York City Mayor Zohran Mamdani speaks about the fiscal year 2027 budget in New York City on May 12,
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Manhattan luxury real estate sales risedespite pied-à-terre tax
Central Park Tower, center, along Billionaire’s Row in New York, US, on Friday, May 1, 2026. Michael Nagle | Bloomberg
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April home sales disappoint as higher mortgage rates weigh on buyers
Sales of previously owned homes in April were essentially flat compared with March, rising just 0.2% to 4.02 million units
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No data center in your town? Inside your home may be different story
Data centers are gobbling up land, driving up electric bills, and becoming a lightning rod for public discontent over big
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Mortgage rates hit the highest level in a month, causing first-time homebuyers to drop out
An aerial view of residential homes, many with solar panels, on Sept. 17, 2025 in Fontana, California. Mario Tama |
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Mortgage lenders now have more credit score options. What to know
Catherine Delahaye | Getty There’s a shift going on with credit scores in the homebuying process that consumers may want
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Warsh’s take on Fed independence is met with confusion, concern
Most people don’t know and don’t have much reason to care what a currency swap line is, except that the
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