Banking

July 12, 2019

33% of Americans Have Cut Their Spending

When it comes to money, do most people prefer to spend, save, donate or invest?  The answer may come as a surprise. Contrary to what you […]
July 11, 2019

States with the Highest Mortgage Debt

A home is the largest purchase most Americans make in their lifetimes. The typical American home now costs over $200,000 – significantly more money than most […]
July 9, 2019

By the Numbers: Independence Day 2019

Another holiday… another budget buster!  Patriotism ran high this July 4th, as most Americans celebrated the 243rd anniversary of the adoption of the U.S. Declaration of Independence. Independence […]
June 21, 2019

14 Years Needed to Save for a Down Payment

The nationwide average to save for a 20% down payment for a median-priced home on a median income is now 14 years, according to Unison’s Home […]
June 20, 2019

Commercial/Multifamily Loans Grow at Strong Pace

Commercial and multifamily mortgage debt outstanding grew 1.3% in in the first quarter of 2019, aided by low mortgage rates and the steady incline of property […]
June 19, 2019

Bank Card Issuers Prepare for Next Downturn

Recent comments by two large credit card issuers suggested that the card industry has moved into a new stage of preparation for the eventual end of […]
June 18, 2019

Business Owners Lack Confidence About Their Financial Future

A new survey of more than 1,000 high net worth business owners finds 95% of respondents are very or somewhat confident their financial plans will sustain […]
June 17, 2019

FHA Loans Becoming More Risky

Citing rising risks among the mortgages it is backing, the Federal Housing Administration announced earlier this year that it was changing some of its lending rules.  […]
June 14, 2019

Negative Equity Falls; Home Equity Gains Slow

A majority of U.S. homeowners saw significant home equity gains in the first quarter, as home prices continued to rise in most markets.  That means fewer […]