December 17, 2019
December 17, 2019
The percentage of home loans with late payments is unlikely to fall much further in 2020 when mortgages made to lower credit-score borrowers could rise slightly, […]
December 11, 2019
December 11, 2019
The share of U.S. homeowners who were late paying mortgages fell to an almost 25-year low in the third quarter as a strong labor market helped […]
December 10, 2019
December 10, 2019
U.S. household debt rose to a record $14 trillion in the third quarter, led by an increase in mortgage loans, according to the Federal Reserve Bank […]
November 21, 2019
November 21, 2019
The Federal Reserve’s Senior Loan Officer Opinion Survey showed more demand for consumer credit and mortgages in the third quarter and a softening in demand for […]
November 19, 2019
U.S. consumers are doing fine, but they don’t look like the force they were earlier in the year. Retail sales rose 0.3% in October from a […]
November 15, 2019
November 15, 2019
Whether a recession is on the horizon or not is anyone’s guess. However, according to the latest CNBC Invest in You survey, two-thirds of respondents think […]
November 14, 2019
November 14, 2019
The boost from lower interest rates that’s driving origination volume will continue into the first six months of 2020. But according to the Mortgage Bankers Association, […]
November 13, 2019
November 13, 2019
Banks are tightening their standards on credit card loans in the third quarter, out of concern with the more uncertain economic outlook, according to the latest […]
November 12, 2019
According to the CoreLogic Loan Performance Insights Report, 3.7% of mortgages were in some stage of delinquency (30 days or more past due, including foreclosure) in […]