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Mortgage Refinance Not Worth It for Most Homeowners

Falling interest rates are expected to bring additional declines in mortgage rates, but most homeowners are unlikely to benefit significantly from a mortgage refinance,...

California Consumer Spending Cools as Homes, Cars Put on Hold

High interest rates, inflation, and uncertainty around the Trump administration’s economic policies are weighing on California consumer spending, as many residents postpone big-ticket purchases...

Auto Loan Delinquencies Surge as Repos Jump 43%

Auto loan delinquencies are climbing, and repossessions have jumped 43% in the past three years, signaling mounting stress for borrowers. A new report from...

LA Home Sales Drop 16% While Prices Keep Rising

The Southern California housing market flashed mixed signals in August as LA home sales drop while prices continued to inch higher, leaving buyers and...

Number of Auto Loan Payments Over $1,000 Reach Record High

New car buyers in the second quarter faced the highest financial burden on record, with nearly one in five paying over $1,000 a month...

Why the Stock Market Is Under Pressure and the Economy Is Feeling the Squeeze

A sharp rise in Treasury yields driven by mounting fiscal concerns, inflation, and weak bond demand is pressuring the stock market and straining the broader U.S. economy.

Trump Inflation and Recession Response: Denies Powell Firing, Predicts Strong Economy

President Donald Trump on May 4 denied plans to fire Federal Reserve Chair Jerome Powell before his term ends and dismissed fears of a...

U.S. Housing Market Crash Fears Surge as 70% Expect Collapse

Concerns over a potential U.S. housing market crash are rising, with 70% of consumers now expecting a collapse, according to a new survey by...

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