As the world grows ever more connected, access to financial tools has expanded dramatically. Today, 79% of adults worldwide have a bank account, an increase from 51% in 2011. This is a remarkable gain.
Banks use several factors to determine how to approve someone for a mortgage loan, including credit score and debt-to-income ratio. KeyBank’s 2025 Financial Mobility Survey found that many believe owning a home is not an attainable goal for themselves nor the average American.
If you’re like most homebuyers on a budget, you’re probably paying close attention to the asking price of homes on the market. You may even have a ballpark figure or mortgage payment in mind. But it’s important to be aware that the cost of buying a house is more complicated.
It’s one of the biggest purchases that many will ever make and it’s not a stretch to say that these days, buying a home is tough. In fact, KeyBank’s 2025 Financial Mobility Survey found that many believe owning a home is not an attainable goal.
Down payments and closing costs. Both typically involve large numbers that can cause doubt to creep into the minds of homebuyers and add to the rising costs of purchasing a home.
In celebration of KeyBank’s Bicentennial, the KeyBank Foundation is proud to announce a special grant program designed to strengthen Community Development Financial Institutions (CDFIs) that play a critical role in advancing affordable housing and small business development.
Owning a home is a pillar of the American dream and a sign of prosperity, wealth and success. It instills a sense of pride and belonging in individuals and communities. But today, the reality for homebuyers and potential homebuyers in America continues to be sobering.
Factors such as the aging demographic of dealership owners and impending changes in tax laws put the automotive retail industry on the brink of significant transitions.
On this episode of BuzzHouse, hosts Don Bernards and Garrick Gibson talk with Kathryn Grosscup, housing tax credit manager for the Colorado Housing Finance Authority (CHFA), about Colorado’s innovative approach to addressing the middle-income housing gap.
KeyBank is being recognized for its support of small and middle market business clients with twelve 2025 Best Bank Awards in middle market banking and small business. These awards reflect Key’s sophisticated platform and depth of expertise for growth companies.
Cleveland Mayor Justin M. Bibb, Cleveland City Council and the Cleveland office of Local Initiatives Support Corporation (LISC Cleveland) announced details of a major new initiative to address the affordable housing crisis facing Cleveland residents.
In states where Key has a presence, there are approximately 1.7 million low- to moderate-income (LMI) households. Many LMI individuals don’t have bank...
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