Ted Rossman

Senior Industry Analyst @bankrate

[Ted Rossman @tedrossman]

Really enjoyed this important discussion with @lisaevers of @fox5ny about the cost of living crisis and how consumers are adapting. Tune in Friday! #fox5ny #streetsoldiers

[Ted Rossman @tedrossman]

What rising bond yields mean for mortgages and credit card rates https://t.co/PLNrZW2tMA via @GMA @MaxZahn_ @bankrate

[Ted Rossman @tedrossman]

For all the talk about low housing inventory, there has actually been too much building in some markets https://t.co/KjtQ6grUuw

[Ted Rossman @tedrossman]

I enjoyed discussing the generational gap in homebuying with @marycalvitv this morning on @cbsnewyork https://t.co/AIJbAGZjoz @bankrate

[Ted Rossman @tedrossman]

Rising mortgage rates are a trend to watch in the coming weeks and months. Recently, the average 30-year fixed rate tied an eight-month high at 6.46%, according to @bankrate -- the inflationary impacts of the war in Iran are moving markets.

[Ted Rossman @tedrossman]

Gen Z is bringing back the mall and finding deals in the process https://t.co/EVREiQeUFd @abc15 @janecaffrey @bankrate

[Ted Rossman @tedrossman]

You wouldn’t know it from the dismally low consumer sentiment figures, but Americans’ debt loads are actually in a pretty healthy place overall https://t.co/xh2f6Lnr8y

[Ted Rossman @tedrossman]

You wouldn’t know it from looking at the dismally low consumer sentiment figures, but Americans’ debt loads are actually in a pretty healthy place overall, particularly among homeowners whose often biggest debt enables substantial wealth building. https://t.co/yBY9A2lV2Z

[Ted Rossman @tedrossman]

Consumers are still spending, despite low confidence in the economy https://t.co/0TSYEMRcFs @marketplace @bankrate

[FINTECH.TV @FINTECHTVglobal]

The Fed held rates steady, and consumers may need to get used to it.

@tedrossman of @Bankrate tells @JD_Durkin "higher for longer could be the mandate" with the average 30-year fixed mortgage rate around 6.4% and credit card rates still close to 20%.

[Ted Rossman @tedrossman]

I'll miss Jerome Powell as Fed Chair. He did a good job steering the Fed and the U.S. economy through tumultuous times. Last year, a Bankrate survey of prominent investors gave his chairmanship an average grade of B-plus.

[Ted Rossman @tedrossman]

Housing starts popped in March, beating expectations, but building permits plummeted. This foreshadows slower times ahead. The economic uncertainty exacerbated by Iran war impacts and lingering tariff concerns continues to weigh on the housing market.

[Ted Rossman @tedrossman]

Pending home sales came in a bit better than expected in March. The Sun Belt led the way, as lower prices and improving inventory are aiding buyers. If recent drops in mortgage rates continue, that would be very welcome news for buyers.

[Ted Rossman @tedrossman]

Did you know your credit score could be worth $69,000?

If you’re buying the median-priced home and putting 20% down, that’s the difference between the average mortgage for top-tier credit and a fair credit score.

Read more: https://t.co/hz9u8HyYXt

[Ted Rossman @tedrossman]

Prepaying my mortgage was the best financial decision I ever made. Here’s how I did it: https://t.co/rw0ehbU6ip

[Ted Rossman @tedrossman]

HOA fees, once considered small maintenance expenses, are becoming shadow mortgages for some homeowners. https://t.co/gE0AhBDIAk

[Ted Rossman @tedrossman]

The Q2 2026 Chase Freedom Flex bonus categories are out, and they are broadly appealing. Check them out here: https://t.co/mINNo5XAx4

[Ted Rossman @tedrossman]

Pending home sales +1.8% MoM in Feb (better than expected). Lower mortgage rates helped, although they have risen a bit since. If you're looking to buy, be ready to move quickly. Inventory remains constrained. Have to be nimble to snap up the right home at a decent price/rate.

[Ted Rossman @tedrossman]

Predatory auto lenders have all kinds of nasty tricks, ranging from unnecessary add-ons to biweekly payments, yo-yo financing and more. Here’s what you need to know: https://t.co/5tzokJpKK5

[Ted Rossman @tedrossman]

If you haven’t frozen your credit yet, do it today. Financial fraud is on the rise, and a credit freeze is a free and effective way to keep the bad guys out. https://t.co/nsZKbRM42N