October 31, 2016

A Treat for Economy: Higher Halloween Sales

Halloween spending is expected to top $8.4 billion this year, according to the National Retail Federation (NRF), the most since tracking began 11 years ago.  Its […]
October 24, 2016

Consumer Delinquencies Hit New Low

Consumer delinquencies fell last quarter to their lowest point in at least 15 years, according to quarterly data released by the American Bankers Association (ABA).  The […]
October 21, 2016

New Home Mortgage Apps Rise 3% in September

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2016 shows mortgage applications for new home purchases increased 3% relative to September 2015. […]
October 20, 2016

Is the Foreclosure Crisis Finally Over?

Foreclosure filings dropped to the lowest level reported since December 2005, signaling the end of the country’s foreclosure crisis, according to Attom Data Solutions.  In September, […]
October 19, 2016

Americans Fall Behind on Car Loan Payments

Subprime borrowers are falling behind on their car loan payments at the highest rate in more than six years, and some bonds backed by these loans […]
October 18, 2016

High Rents and Student Debt Hinder Homeownership

Higher rental costs and student loan debt continue to prevent many Americans from purchasing a home, according to the results of a survey from NeighborWorks America.  […]
October 17, 2016

Existing Homes Fall to 7-Month Low

Contracts to purchase previously owned homes fell to a seven-month low in August, held back by a tight supply in the housing market, according to a […]
October 14, 2016

Presidential Candidates Need to Focus on Housing

Hillary Clinton and Donald Trump should face more questions about housing policy according to Fannie Mae CEO Tim Mayopoulos.  While Mayopoulos declined to endorse any political […]
October 13, 2016

24% of Housing Markets Less Affordable Than Norm

Homes were less affordable than their historic averages in 24% of U.S. markets as prices rose and wage growth slowed, Attom Data Solutions found in its […]