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Housing affordability challenges are weighing on not only would-be buyers, but also on a growing share of existing homeowners, new data suggests. Late-stage mortgage delinquencies — those with payments at least 90 days past due — rose 18.6% in December…

After dropping sharply, mortgage interest rates rose last week for the first time in a month. That pushed total mortgage demand down 8.5% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract…

President Donald Trump on Wednesday urged U.S. lawmakers to pass legislation to limit credit card rates to 10%, following his social media post this month ordering banks to voluntarily lower their rates. “I’m asking Congress to cap credit card interest rates at 10% for…

The Education Department announced on Friday that it will delay the implementation of wage garnishment and other involuntary collection efforts affecting defaulted student loan borrowers. The department said the delay affects involuntary collections on federal student loans through wage garnishments and the Treasury Offset…

US debt 2026: The United States crossed a major fiscal threshold at the start of 2026 as the national debt climbed past $38.5 trillion, a level once expected closer to around 2030, as per reports. The milestone highlights how quickly…

The Trump administration will start garnishing the wages of student loan borrowers in default in early January, a spokesperson for the U.S. Department of Education confirmed to CNBC on Tuesday. It will be the first time a portion of borrowers’ paychecks has…

Some small businesses that have to pay the bill for President Trump’s new tariffs are taking on high-interest rate merchant cash loans and other forms of debt to cover that added cost. And several business owners who have taken on that costly debt…

Healthcare subsidies for millions of Americans appear likely to expire after the Senate rejected competing bills, a politically fraught issue ahead of next year’s midterm elections. Both Democratic and Republican plans fell short of the 60 votes needed to advance,…

Consumer debt crisis deepens. Americans now owe nearly $18.6 trillion in household debt. That’s a record high. Mortgages, credit cards, and student loans are driving the surge. Even prime borrowers are starting to slip on payments. Mortgage debt alone sits at over $13…

Americans are falling deeper into debt, but not across the board. Collectively, credit card balances rose by $24 billion in the third quarter to $1.23 trillion — up 5.75% from a year earlier to a fresh all-time high, according to a new report on household…