U.S. Consumer Credit Picks Up in June
Americans took on consumer debt at a faster pace in June, suggesting a firming labor market and low gas prices may finally be prying open consumers' wallets.
US consumer borrowing increases $15.9 billion in September to record $3.27 trillion
U.S. consumers increased their borrowing in September with gains in credit card debt and auto and student loans.
US home sales may have slipped last month, but likely remained at a healthy level
The National Association of Realtors reports on August sales of existing homes Monday at 10 a.m. Eastern.
Average US mortgage rates this week and for the past year, at a glance
Average U.S. long-term mortgage rates dropped this week to their lowest levels since May.
Despite stock fall, cheaper gas, strong housing market and solid hiring are helping Americans
Many Americans have just absorbed a financial beating — at least as measured by their stock holdings.
Sales of existing homes likely slipped in July after surging in June.
The National Association of Realtors reports on July sales of existing homes Thursday at 10 a.m. Eastern.
Once humbled in the real estate market, boomerang buyers poised to return with a roar
Seven years after the real estate bust in the U.S., many people who lost their homes have rebuilt their credit and are jumping back into the market.
Average US rate on 30-year mortgage eases to 3.93 percent; 15-year rate down to 3.15 percent
Average long-term U.S. mortgage rates edged lower this week, with the key 30-year loan rate remaining under 4 percent.
US homebuilding rises 0.2 pct. in July; led by 12.8 pct. jump in single-family houses
U.S. builders started work on single-family houses last month at the fastest pace since the Great Recession began in late 2007.
Americans are now renting 6 years before buying their first home, study finds
Short of cash and unsettled in their careers, young Americans are waiting longer than ever to buy their first homes.
Average US rate on 30-year mortgage edges up to 3.94 percent; 15-year rate up to 3.17 percent
Average long-term U.S. mortgage rates edged up this week after three straight weeks of declines.
Average US mortgage rates this week and for the past year, at a glance
Average U.S. long-term mortgage rates edged up after three straight weeks of declines.
Americans still reluctant to ramp up mortgage borrowing even as home sales, prices rise
Americans are buying more homes and at higher prices, yet new data shows that mortgage debt is little changed.
Hillary Clinton to propose $350 billion college affordability plan
Calling for a "new college compact," Hillary Rodham Clinton on Monday will unveil a $350 billion plan aimed at making college more affordable and reducing the crushing burden of student debt.
Zero-percent financing turns heads, but car buyers who qualify still need to do the math
When a car dealer offers to loan you the money to buy a car at zero interest, it gets your attention.
US home prices increase 4.9 percent in May from year ago as sales accelerate
U.S. home prices rose at a steady pace in May, pushed higher by a healthy increase in sales this year.
Too few available homes, rising prices and higher mortgage rates could slow housing's surge
The U.S. housing market has sizzled this summer, lifting expectations that home sales will finally help drive an economic expansion now in its seventh year.
US home sales jump 3.2 percent in June; tight supplies cause prices to reach record averages
Americans bought homes in June at the fastest rate in over eight years, pushing prices to record highs as buyer demand has eclipsed supplies.
US homebuilding jumps 9.8 percent in June; all of the gains come from apartment construction
U.S. builders broke ground on apartment complexes last month at the fastest pace in nearly 28 years, as developers anticipate that recent jobs gains will launch a wave of renters The Commerce Department said Friday that housing starts in June climbed 9.8 percent to a seasonally adjusted annual rate of 1.17 million homes.
Average US mortgage rates this week and for the past year, at a glance
Average U.S. long-term mortgage rates fell this week, retreating from high levels for the year amid economic turbulence overseas.