Mortgage rates tick up | ABA Banking Journal
Related PostsNew home sales fall 7. 3% from April 2026Sales of new single-family houses in May 2026 were at a seasonally-adjusted annual rate of 580,000, according to estimates released jointly by the U. S. . . .
Related PostsNew home sales fall 7. 3% from April 2026Sales of new single-family houses in May 2026 were at a seasonally-adjusted annual rate of 580,000, according to estimates released jointly by the U. S. Census Bureau and HUD. HSA Council urges lawmakers to expand health savings account accessOne of the fastest ways for lawmakers to increase healthcare affordability is to end the prohibition on health savings account eligibility for recipients of federal programs such as Medicare, said Kevin McKechnie, executive director of the American Bankers. . . ABA DataBank: Q1 GDP revised upThe ABA Office of the Chief Economist believes the final estimate of Q1 GDP underscores a resilient economy but with growth increasingly reliant on non-residential investment rather than housing or consumer spending. Loan demand from consumers may moderate. . . ABA DataBank: Inflation moves further away from targetPersistent price growth continues to pressure household balance sheets, increasing risks to credit performance for consumer loans, especially for lower income households. Trump declines to sign housing bill into lawPresident Trump canceled plans to sign a bipartisan housing bill into law, saying lawmakers should first pass an unrelated elections bill. Fed: Stress test results show large banks can withstand economic shockLarge banks are well positioned to weather a severe recession and would be able to continue to lend to households and businesses, according to the results of the Federal Reserve’s annual stress tests.