ABA DataBank: Average tax refunds are higher in 2026
The average tax refund on March 20 was $3,571, up 10.9% from last year. The total amount that has been refunded so far is about $202.6 billion, 12.9% above last year's corresponding total.
ABA DataBank: Large firms lead employment growth
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ABA DataBank: March nonfarm payrolls exceeded expectations
ABA economists believe the latest job market strength should support consumer loan demand and credit quality in the near future.
Report: More than 10,000 veterans have lost homes since VA changes
More than 10,000 veterans have lost their homes since the Department of Veterans Affairs ended a program that allowed them to delay paying their mortgages because of financial hardship, according to a news report.
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.46% this week. The rate for a 15-year fixed-rate mortgage was 5.77%.
CFPB received 6.6M consumer complaints in 2025
The CFPB received more than 6.6 million complaints in 2025, according to the bureau’s annual report. Banks and other financial companies responded to more than 99% of complaints in a timely manner.
States tighten reins on ‘crypto ATMs’
In recent months, multiple states have proposed and passed laws to tighten restrictions on convertible virtual currency kiosks, with Indiana becoming the first state to ban the machines.
