News
As mortgage rates dip, Phoenix housing market sees more activity
1+ hour, 42+ min ago (159+ words) Home mortgage rates have dipped to 5.99% at a time when sales contract activity and supply is on the rise in metro Phoenix. Home mortgage rates have dipped to 5.99% at a time when sales contract activity and supply is on the…...
Arizona workers see slower wage growth
2+ week, 1+ day ago (149+ words) PHOENIX " Arizona workers are experiencing their slowest wage growth in years, with average salaries now increasing at a pace that lags behind most other states. The average Arizona worker makes just over $53,000, up 4.2% from last year, according to payroll company…...
Arizona's median household income surged in past 5 decades, sixth-fastest growth in US
2+ week, 4+ day ago (166+ words) Arizona's median household income surged in past 5 decades, sixth-fastest growth in US'ABC15 Arizona Arizona's median household income made one of the nation's biggest leaps over the last five decades, a recently released report has found.In the Grand Canyon State,…...
Largest condo in Old Town Scottsdale listed for $6.5M
3+ week, 6+ day ago (152+ words) Largest condo in Old Town Scottsdale listed for $6.5M'abc15.com SCOTTSDALE, AZ " A newly remodeled 5,119-square-foot penthouse suite on the top corner of Optima Camelview Village in Old Town Scottsdale is listed for $6.5 million. "This unit is the largest condo in…...
Trump proposal to cap credit card interest rates sparks debate over impact on consumers
1+ mon, 3+ day ago (675+ words) President Trump is floating a new proposal to cap credit card interest rates at 10%, giving companies until January 20 to comply. While supporters argue it could provide relief for consumers struggling with high-interest debt, banks and economists warn the plan could…...
President Trump addresses housing costs, credit card rates at economic summit
1+ mon, 5+ day ago (296+ words) President Donald Trump is set to deliver a major economic speech at the World Economic Forum in Davos, Switzerland, on Wednesday, focusing on housing affordability and financial reforms that could impact millions of Americans. The speech, which has been promoted…...
Housing affordability in 2026: Analyst says mortgage rates could fall below 6%
1+ mon, 1+ week ago (488+ words) Buying a home has felt out of reach for many Americans in recent years, but experts say 2026 could bring some relief. Mortgage rates have already started trending down from recent highs, and one analyst predicts they may continue falling, potentially…...
Last year's odd economy and what to watch for in 2026
1+ mon, 2+ week ago (910+ words) The economy in 2025 was filled with contradictions, as growth was healthy while hiring slowed, inflation stayed elevated and unemployment rose. Last year's odd outcomes raise a host of questions for the upcoming year: Will a growing economy eventually boost the…...
Early data suggests strong holiday spending despite low consumer confidence
1+ mon, 4+ week ago (286+ words) The holiday shopping rush isn't over just yet: the day after Christmas is expected to rank among the top five busiest shopping days of the year, according to SensorMatic Solutions, which tracks shopping patterns. Returns, exchanges and gift card spending…...
What the latest Federal Reserve interest rate cut means for your wallet
2+ mon, 2+ week ago (451+ words) With the Federal Reserve cutting interest rates for the third time this year, many Americans are wondering what the change will mean for their daily finances. While the quarter-point cut won't transform budgets overnight, experts say it may slowly bring…...