housing

Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
December 11, 2024  |  Economy

The key takeaway from the Consumer Price Index (CPI) released Wednesday (Dec. 11) is that the pace of inflation pace quickened in November, as reported...

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House Committee Leaders Want Study of AI’s Impact on Financial Services
House Committee Leaders Want Study of AI’s Impact on Financial Services
December 02, 2024  |  artificial intelligence

The House Financial Services Committee (HFSC) aims to play a role in the development of artificial intelligence (AI) as the technology impacts the financial services and...

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Consumers Discount Inflation That ‘Meets’ Estimates as Post-Pandemic Housing, Food Costs Soar 25%
Consumers Discount Inflation That ‘Meets’ Estimates as Post-Pandemic Housing, Food Costs Soar 25%
November 13, 2024  |  Economy

Only time will tell if the slight bump in inflation — measured by the latest Consumer Price Index for October and released by the Bureau...

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LoanDepot Sees ‘Normalizing’ Lending Environment for Homebuyers
LoanDepot Sees ‘Normalizing’ Lending Environment for Homebuyers
November 05, 2024  |  Earnings

LoanDepot’s earnings showed growth in loan originations as interest rates fell, homebuyers looked to refinance, and the housing market has entered what management termed a...

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Homebuyers Getting Older as Younger Consumers Barred From Housing Market
Homebuyers Getting Older as Younger Consumers Barred From Housing Market
November 04, 2024  |  Real Estate

The typical American homebuyer is older than ever before, National Association of Realtors data shows.  The association’s 2024 Profile of Home Buyers and Sellers —...

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Soaring Food and Housing Costs Strain Lower-Income Households
Soaring Food and Housing Costs Strain Lower-Income Households
September 25, 2024  |  Economy

The latest data from the Bureau of Labor Statistics on Consumer Expenditures underscores what PYMNTS Intelligence has found for months: Food and shelter, among the...

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Entrata Teams With Flex as Renters Seek Digital Payment Solutions
Entrata Teams With Flex as Renters Seek Digital Payment Solutions
September 17, 2024  |  Consumer Payments

Entrata, an operating system for multifamily communities, has teamed with financial wellness solutions provider Flex. The collaboration, announced Tuesday (Sept. 17), lets residents divide their...

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Bilt Valued at $3.2 Billion as Rewards Program Grows
Bilt Valued at $3.2 Billion as Rewards Program Grows
August 04, 2024  |  Loyalty & Rewards

Loyalty rewards platform Bilt is valued at $3.2 billion after a new funding round. The company raised $150 million from a round led by the...

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AI’s Growing Role in Finance Brings Opportunity and Risk, House Panel Finds
AI’s Growing Role in Finance Brings Opportunity and Risk, House Panel Finds
July 18, 2024  |  artificial intelligence

Artificial intelligence (AI) is set to revolutionize finance and housing, bringing both game-changing benefits and thorny new risks that demand vigilant oversight, a bipartisan House...

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