KVIA•Dec 31
Preparing for 2026: Key Financial Trends Every El Pasoan Should Know
As 2026 approaches, El Paso residents should prepare for a more stable economic landscape, with inflation projected at 3.0% in early 2026, moderating to 2.6% by year's end. Credit scores are expected to remain under pressure due to resumed student loan payments, averaging 715. The housing market is showing signs of moderation, with home prices forecasted to increase by only 2.2%, making homeownership more attainable. Additionally, the Federal Reserve's recent interest rate cuts may lead to lower borrowing costs, but consumers should act now to secure high-yield savings accounts and improve their credit scores to benefit from these changes.
Business finance interest-rates1 min read