President Trump’s 10% credit card interest rate cap draws industry reaction
Move could bring welcome relief to many consumers, but also could limit financing for higher-risk consumers WASHINGTON — On Jan. 9, President Trump announced via …
Category: Consumer financing
Flexible finance options help retailers stay competitive
Shoppers of all income levels are increasingly seeking financing HIGH POINT — In home furnishings retail, long-term financing options have been prevalent for quite some …
Ten More with Cam Marston, marketplace trends analyst
In this follow-up discussion, Home News Now contributor Mark Schumacher speaks with Cam Marston, who offers further insights into preferred sales communication methods by generation, …
MBA report shows homebuyer affordability rose in August
Purchase Applications Payment Index shows a 1.3% decrease from July, meaning consumers could have additional money for things like furniture WASHINGTON — Homebuyer affordability rose …
Synchrony acquires Versatile Credit
STAMFORD, Conn. — Consumer financing company Synchrony (NYSE: SYF), announced Wednesday that it has acquired Versatile Credit, a consumer-financing software provider connecting merchants, lenders, and consumers …
Housing construction activity falters from August 2024
Despite lingering affordability issues, officials say that Wednesday’s rate cut could soon lead to a boost in overall housing production WASHINGTON — August housing construction …
Mortgage bankers survey shows housing affordability rose in July
National median mortgage payment fell by $13 from July 2024 and was down by $45 from June WASHINGTON —Housing affordability rose in July, according to …
Fall edition of CIN kicks off with a look at how consumers view the economy
More than 75% of all prospective furniture shoppers view economic conditions as poor or fair, which could impact their decision to buy in the 2nd …
Ten More with Ivy Zelman of Zelman & Associates
In this segment of Ten More, Home News Now contributor Mark Schumacher provides a follow-up to his interview with housing market analyst and expert Ivy …
Consumer confidence rises slightly in July
However, there is still concern over tariffs and the impact that could have on prices moving forward WASHINGTON — Driven partly by the sentiments of …
