The typical U.S. homebuyer put down 16.3% of the purchase price in December, up from 15% a year earlier, as rising home prices pushed down payments higher, according to a new report from Redfin. In dollar terms, the average down payment in December was $63,188, an increase of 7.5% from the previous

Home Depot expects same-store sales in 2025 to be just 1.0% better than this past year, an indication that the housing market will remain slow. That 1% growth projection is below the 1.65% rate expected by Wall Street analysts, and comes on the back of a fairly disappointing 2024, in which elevated

With a median age of 45.1 years, Maine is the oldest state, putting it in a unique position to provide insights to the rest of the nation about how it manages the needs of its older residents. According to data from the U.S. Census Bureau, about 23% of Maine’s population is at least 65 years old. Th

The Consumer Financial Protection Bureau (CFPB) will keep operating despite recent moves made by the White House to scale back its operations and amid court challenges that accuse the Trump administration of systematically working to eliminate it. This is according to a U.S. District court filing in