Final fourth quarter GDP revised upwards as consumer spending rises
The final estimate for real gross domestic product (GDP) in the fourth quarter of 2023 was revised upwards, showing that the U.S. economy grew.
January home prices show steady annual gain, but month-to-month comparison tells another tale: Case-Shiller
Home prices nationwide now stand 6% above their level this time last year and up from a 5.6% rise last month, according to the latest S&P CoreLogic Case-Shiller Indices report.
Mortgage lending took a huge dip in Q4, but there's hope for spring housing: report
Mortgage lending dropped to a two-year low in the fourth quarter of 2023, but the spring season could reverse this, according to a recent report by ATTOM.
Mortgage rates crawl toward 7% but market optimistic: Freddie Mac
The average 30-year fixed-rate mortgage was 6.82% for the week ending March 21, according to Freddie Mac's latest Primary Mortgage Market Survey.
Fed said interest rates will be reduced this year, just not now
On Wednesday, the Federal Reserve announced that it would maintain the federal funds rate at a range of 5.25% to 5.5%.
FHA raises loan limits for manufactured housing for the first time in 15 years
HUD has raised the loan limits for manufactured housing to align with prices today.
Car insurance costs to keep rising in 2024 – pay less in these US states
Drivers will get no relief from car insurance costs this year and will have more limited shopping options as providers stop writing new policies in some states, a recent report from the Zebra said.
Gas prices set to soar as temperatures heat up: AAA
The national average cost for a gallon of gas increased this week as temperatures rise and manufacturers switch to more expensive summer fuel.
Student loan payments hinder retirement savings – Here's how employers are helping
Americans with student loan payments contribute at a lower rate and have smaller overall balances in their 401(k) accounts, a report from the Employee Benefit Research Institute (EBRI) study said.