Sales of new single-family houses in January were at a seasonally-adjusted annual rate of 587,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development. The January figure was 17.6% below the December rate of 712,000, and is 11.3% below the January 2025 rate of 662,000.
The median sales price of new houses sold in January was $400,500, which was 4.5% below the December price of $419,200, and 6.8% below the January 2025 price of $429,600.
As banking agencies consider amending the regulations that implement the Community Reinvestment Act, they should preserve the broader framework while making changes to better tailor supervision, increase regulatory thresholds and focus on lending, the American Bankers Association and...
Health savings accounts held nearly $192 billion across 42.6 million accounts as of June 30, with investments now making up the majority of HSA assets, HSA investment solution provider Devenir said in its midyear report.
Forty-nine percent of survey respondents said they used an AI assistant to make a personal financial decision. Among those, however, 83% verified the information with another source or professional.
Pinnacle Bancorp in Nebraska to buy Southern Bancshares in Texas. Sullivan Bank in Missouri to buy Bank of Crocker, also in Missouri.
The ABA Foundation announced the recipients of its 2026 ABA Foundation Community Commitment Awards, which recognize banks for extraordinary service to their local communities in seven categories. The foundation also announced that Aaron Slate, market president for Truist...
Slower expansion plans could weigh on demand for small-business credit, while sustained inflation and labor costs may pressure small-business margins and debt-service capacity. For banks, these dynamics could temper commercial loan demand.
