by Annie Dameworth | Jan 7, 2026 | Industry News
At the end of December 2025, long-term mortgage rates were at the lowest level since September 2024, continuing the steady decline seen since mid-2025. The 30-year fixed-rate mortgage averaged 6.19% in December, 5 basis points (bps) lower than November, while the...
by Annie Dameworth | Jan 5, 2026 | Industry News
President Donald Trump has announced a proclamation to delay increases on tariffs for upholstered furniture, kitchen cabinets and vanities until Jan. 1, 2027, invoking Section 232 of the Trade Expansion Act of 1962. In October, the White House imposed a 25% tariff on...
by Annie Dameworth | Jan 2, 2026 | Industry News
According to the March 2025 Employment Situation Summary from the Bureau of Labor Statistics (BLS), the women’s labor force participation rate remained steady at 57.5% with women now representing almost half (47%) of the total U.S. labor force. Prime-aged women, or...
by Annie Dameworth | Dec 31, 2025 | Industry News
Nonfarm payroll employment was largely unchanged across the U.S. on a monthly basis in September 2025, according to the U.S. Bureau of Labor Statistics and the National Association of Home Builders’ (NAHB) Eye on Housing. 29 states and the District of Columbia saw...
by Annie Dameworth | Dec 31, 2025 | Industry News
A recent report released by the Federal Reserve revealed Visa and Mastercard’s shift of more of the burden of debit card fraud onto the merchants, easing the responsibility for banks. Updated figures show merchants paid for 49.9% of debit card fraud in 2023, up from...
