Banking on Millennials? A Special Report

Consumer sentiment rose 3.7% from the previous month in December to land at 52.9, but was down 28.5% from a year ago, according to final results from the University of Michigan Consumer Sentiment Index.

Existing home sales increased by 0.5% in November from the previous month, according to the National Association of Realtors. Sales were down 1% from a year before.

The cumulative trading revenue of U.S. commercial banks and savings associations was $18.4 billion in the third quarter of 2025, the OCC reported.

The PNC Christmas Price Index, which tracks the cost of a full set of gifts from "The Twelve Days of Christmas," rose 4.5% to $51,476.12 in 2025, compared to a 5.4% rise in 2024.

OCC report said that “a recent firewall access incident” should serve as a warning to banks about managing risks to aging infrastructure and end of life of IT assets.

The rate for a 30-year fixed-rate mortgage was 6.21% this week. The rate for a 15-year fixed-rate mortgage was 5.47%.