ABA DataBank: Thanksgiving dinner costs decline for third straight year
The average cost of this year's classic Thanksgiving feast is $55.18, a decline of 5% from 2024 and the third...
Economy
Final: Consumer sentiment decreased 2.6 points in November
Consumer sentiment decreased 2.6 points month-over-month in November to 51, down 20.8 points from one year ago, according to final...
Mortgage rates tick up
The rate for a 30-year fixed-rate mortgage was 6.26% this week. The rate for a 15-year fixed-rate mortgage was 5.54%.
NAR: Existing home sales increased 1.2% in October
Existing home sales increased 1.2% in October to a seasonally adjusted annual rate of 4.10 million., according to the National...
119,000 jobs added in September, unemployment rate edged up to 4.4%
Total nonfarm payroll employment increased (+119,000) and has shown little change since April, the U.S. Bureau of Labor Statistics (BLS)...
FOMC minutes show division over December rate cut
The members of the Federal Open Market Committee expressed “strongly differing views” over whether to further trim the federal funds...
Factory orders increased in August
New orders of manufactured goods increased $8.4 billion, or 1.4%, from the prior month to $612 billion in August, the...
NAHB: Homebuilder confidence edges up in November
Builder confidence in the market for newly built single-family homes was 38 in November, up one point from October, according...
ABA DataBank: U.S. auto delinquencies approaching pre-Covid highs
U.S. auto loans 90-plus days past due have reached 5.02%, with many borrowers owing more than their cars are worth...
Banking agencies release CRA data on small-business, small-farm lending in 2024
About 9.1 million small-business loans totaling nearly $276.6 billion were reported in 2024. As for small-farm loans, about 197,000 small-farm...
