Home prices rose in August 

The University of Michigan Consumer Sentiment Index increased 6.6% in January compared to the month prior, landing at 56.4, according to final results for the month.

In 2025, just 54% of U.S. adults reported drinking alcohol, the lowest level Gallup has ever recorded, as a majority of Americans now believe even moderate drinking is bad for their health.

The rate for a 30-year fixed-rate mortgage was 6.09% this week. The rate for a 15-year fixed-rate mortgage was 5.44%.

With PCE inflation closer to 3% than the Fed’s target of 2%, affordability will continue to affect consumer sentiment.

The final estimate of Q3 GDP confirms the U.S. economy is strong and growing at a rapid pace.

Pending home sales in December dropped 9.3% from the prior month and 3% year over year, according to the National Association of Realtors. There were 1.18 million homes on the market.