October 15, 2019
October 15, 2019
US consumers are finding it increasingly difficult for their incomes to comfortably cover all expenses. This could mean that some will be unable to repay their […]
October 8, 2019
October 8, 2019
U.S. consumer credit increased more than forecast in August as school loans and other non-revolving debt rose by the most in three years. Total credit climbed […]
September 27, 2019
Mortgage application fraud risk plummeted in the second quarter as refinance loans poured into the market, according to CoreLogic. The risk of fraud on a mortgage […]
September 26, 2019
Mortgage credit availability decreased in August according to the Mortgage Credit Availability Index (MCAI). Mortgage credit tightened despite falling interest rates and a strong uptick in […]
September 25, 2019
Auto loan amounts increasd in the second quarter with the average new vehicle loan hit $32,119 (up $1,161 YOY). Average used vehicle loan amounts reached $20,156 […]
September 24, 2019
September 24, 2019
Adults in the U.S. over the age of 18 say they have an average of $29,800 in personal debt (not including mortgages), and 15% of Americans […]
September 19, 2019
September 19, 2019
CardRatings.com released new research ranking the best and worst states for credit conditions. Highlighted by stark differences in credit circumstances across the U.S., the analysis helps […]
September 18, 2019
September 18, 2019
Tappable equity reached an all-time high of $6.3 trillion in the second quarter as home-price gains made real estate more valuable. The amount of equity homeowners […]
September 17, 2019
September 17, 2019
The average FICO score stands at 706, a record high, said Ethan Dornhelm, vice president of scores and predictive analytics at FICO. That compares with 686 […]