February 28, 2017

Flipping Out: House Flips Reach Highest Level Since 2006

A tactic that helped define the height of homebuying madness in the U.S. in the years before the market collapsed is rearing its head again.  Home […]
February 27, 2017

Should You Finance Business Equipment?

The vast majority (78%) of U.S. businesses lease or finance their equipment.  The Equipment Leasing and Finance Association (ELFA) has released a new infographic highlighting why […]
February 24, 2017

What Does the Average American Spend on Housing?

While the cost of college has climbed at an alarming rate over the past 20 years, there remains no purchase more significant — financially or, perhaps, […]
February 23, 2017

2017 Will Bring Modest Economic Growth

The Mortgage Bankers Association (MBA) has looked into the future, and they are not complaining.  “We’re expecting steady, modest growth in the U.S. economy,” said MBA Vice President […]
February 22, 2017

Cybercriminals Target Online Lenders

Financial organizations are being increasingly targeted by cybercriminals looking to capitalize on alternative lending and payment models. Although the entire financial services industry is a hotbed […]
February 21, 2017

Will Household Debt Hit New Record in 2017?

Americans’ debt balances rose “substantially” in the final quarter of 2016, according to the Federal Reserve Bank of New York.   Household debt totaled $12.58 trillion as […]
February 20, 2017

Underwater Home Loans Sink to New Low

At the end of the year, 2016 held 1 million less seriously underwater properties than the year before, according to the Year-End 2016 U.S. Home Equity […]
February 17, 2017

Most Americans Ruin Their Credit by Age 30

A whopping 68% of Americans make at least one major financial mistake, or “credit fumble,” before turning 30, leading to a negative mark on their credit […]
February 16, 2017

Consumers’ Attitude on Housing Brightens

The Fannie Mae Home Purchase Sentiment Index rose 2 percentage points to 82.7 in January, reflecting the more positive consumer outlook following November’s presidential election.  The […]