budget

July 21, 2017

Mortgage Credit Availability at Highest Level since 2016

Credit availability remained historically tight in the first quarter of 2017, but increased slightly from the previous quarter to the highest level since 2016.  The Housing […]
July 19, 2017

Homes Prices and Competition Hit Record High

The U.S. housing market continued to accelerate in June, with both the median prices and speed of home sales hitting all-time highs, according to a recent […]
July 17, 2017

Underwater Mortgages Doing Swimmingly, at 11-Year Low

The number of underwater mortgage borrowers has fallen to below 2 million for the first time since 2006.  According to the recent mortgage report from Black […]
July 13, 2017

Average Credit Score Hits All-Time High

Americans are seeing higher credit scores than ever as the average national FICO score reached an all-time high, hitting 700 for the first time ever.  FICO […]
July 11, 2017

Home Affordability Hits Lowest Level in a Decade

Affordability dropped in the second quarter, sinking to its lowest level since 2008, according to the Q2 2017 U.S. Home Affordability Index by ATTOM Data Solutions.  The […]
July 6, 2017

Consumer Delinquencies on the Rise

Delinquencies in both open- and closed-end loans rose in the first quarter of 2017, according to the ABA Consumer Credit Delinquency Bulletin released today.  The rise in […]
June 26, 2017

Delinquencies Down in May; Some States Fare Better Than Others

Delinquencies and foreclosure rates dropped in May, partially reversing the sudden increase in April, according to Black Knight Financial Services’ First Look report.  After rising 13% in April, […]
June 23, 2017

All U.S. Banks Pass Stress Tests

For the second year in a row, all of the nation’s largest financial institutions passed their stress tests, meaning each company has enough capital on hand to […]
June 19, 2017

Home Flipping Volume Rises to 9-Year High

ATTOM Data Solutions’ Q1 2017 U.S. Home Flipping Report revealed that 43,615 single family homes and condos were flipped during Q1 2017, which was an 8% […]