Many Americans are borrowing and incurring debt to keep up with rising costs for basic necessities, such as groceries, rent and utilities, as well as to make larger purchases. Credit card balances reached a record $1.28 Read More
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Momo Productions | Digitalvision | Getty Images For homeowners who sell their house later in life, that timing may come with a cost, new research suggests. Once sellers reach about age 70, they start getting lower sale prices Read More
Americans ended 2025 more in debt than ever before. Credit card balances hit a fresh high in the fourth quarter, rising by $44 billion to $1.28 trillion, according to a new report on household debt by the Federal Read More
The Good Brigade | Digitalvision | Getty Images President Donald Trump last week took exception to a proposal backed by one of his economic advisors to let Americans tap their 401(k) savings for home downpayments — an idea Read More
Construction on the Marriner S. Eccles Federal Reserve Board Building in Washington, Jan. 12, 2026. Pete Kiehart | Bloomberg | Getty Images The Federal Reserve kept its benchmark interest rate unchanged Wednesday at the conclusion of its first policy Read More
Housing affordability challenges are weighing on not only would-be buyers, but also on a growing share of existing homeowners, new data suggests. Late-stage mortgage delinquencies — those with payments at least 90 days past due — rose 18.6% in Read More