40. The average first-time homebuyer in America is now 40 years old. In 1981 it was 29. We added 11 years in one generation — eleven years of rent, missed equity, and someone else's wealth building instead of yours. Market snapshot — April 2026 Existing home...
The average American household now carries roughly $288,676 in national debt, owes $767 a month on a car payment, and is sitting on credit card balances at over 21% interest. The personal savings rate has dropped to 4%. And as of this morning, the Federal Reserve Bank...
The Federal Reserve had opted to maintain the target range for the federal funds rate at 3.5% to 3.75%. The central bank’s policy making Federal Open Market Committee (FOMC) cited a low level of job gains, elevated inflation and a “high level of uncertainty” due to...
The Federal Reserve has opted to hold rates at their current level. The central bank’s policy making Federal Open Market Committee stated it will “maintain the target range for the federal funds rate at 3.5% to 3.75%.” The vote for holding rates was near-unanimous,...
After three consecutive rate cuts, the Federal Reserve hit the pause button to keep the federal funds rate at 3.5% to 3.75%. The central bank’s Federal Open Market Committee had two dissenters on the rate decision, with Fed Govs. Stephen I. Miran and Christopher J....
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
