July 10, 2018
July 10, 2018
Preliminary second-quarter data from the Federal Reserve indicate the year-over-year growth rate of business loans rose to 5.5% in late June from less than 1% near […]
July 9, 2018
July 9, 2018
As house values continued growing, homeowners with mortgages, accounting for 63% of all properties, saw their equity increase 13.3% year-over-year in the first quarter, a gain […]
July 6, 2018
July 6, 2018
The homeownership rate for adults age 25 to 34 was 37.5% in 2016, about three percentage points lower than the historical average for this demographic and […]
July 5, 2018
Commercial and multifamily mortgage debt outstanding grew $44.3 billion during the first three months of 2018, the largest first-quarter gain since before the Great Recession, according […]
July 4, 2018
July 4, 2018
Americans are expected to spend $6.9 billion on food for Fourth of July cookouts and picnics tomorrow, according to the annual survey released by the National […]
July 3, 2018
July 3, 2018
The rate of growth for commercial real estate (CRE) lending has dropped to its lowest level in at least three years as banks have tapped the […]
June 28, 2018
June 28, 2018
Although unemployment is near a historic low, wage growth continues to threaten U.S. economic recovery, according to a recent CNN report. The Bureau of Labor Statistics’ […]
June 27, 2018
Banks across the U.S. have closed nearly 9,000 branches this decade. Yet many smaller banks are in building mode, a sign that broader economic growth is […]
June 26, 2018
June 26, 2018
Consumer debt is approaching new highs with current household debt set to be $1 trillion above the peak debt level of 2008, by the end of […]