Indiana Banker Bob Jones Appointed Chairman of ABA’s ABC Council

Overall residential mobility has declined in response to reduced home affordability, with the share of the population moving each year declining to 11.8% in 2024, from 15.4% in 2010.

Economic activity in the services sector was unchanged in September. A Services PMI reading of 50% was at the breakeven point between expansion and contraction for the first time since January 2010.

While the percentage of U.S. consumers classified as financially unhealthy has remained stable, many also report working in a second job or side gig to stabilize their finances, according to a recent survey by J.D. Power.

As lawmakers consider deposit insurance reform, Senate Banking Committee Chairman Tim Scott (R-S.C.) is asking the FDIC to provide additional information about the amount of uninsured deposits in the U.S. banking system and the cost to banks should...

The rate for a 30-year fixed-rate mortgage was 6.34% this week. The rate for a 15-year fixed-rate mortgage was 5.55%.

The Federal Housing Finance Agency is withdrawing three proposed rules concerning Fannie Mae and Freddie Mac liquidity requirements, Federal Home Loan Bank governance and FHLBank unsecured credit limits.