Consumers are still hungry for credit, but they’re holding off on getting new credit cards. The result? They’re spending more on their existing accounts.
After scorching hot inflation pushed income tax brackets and a widely-used tax deduction to their largest single-year increase in decades during 2023, another round
Mortgage rates registered their sharpest drop in a year, on the back of concerns over consumers’ financial health. The 30-year fixed-rate mortgage averaged 7.5%