budget

June 5, 2019

Consumer Confidence Surges to Near 18-Year High

Expectations of economic growth paint a sunny picture for summer home buying with consumer confidence approaching an 18-year high. Potential buyers positively assessed income, business and […]
June 4, 2019

Mortgage Application Fraud Risk Declines

The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications during April decreased by 4.2% from March, according to new data […]
June 3, 2019

Home Affordability Returns After 3 Years

In March, home prices retreated 0.9%, sliding 0.04% year over year, according to First American’s Real House Price Index.  According to First American’s data, unadjusted house […]
May 31, 2019

Consumer Confidence on the Rise

American optimism about the economy continued to recover in May, following a dip earlier this year, according to a monthly barometer of consumers’ mood.  The Conference Board […]
May 30, 2019

Americans Still View Housing as Good Investment

A majority of Americans (65%) think it is still a good idea to invest in a home, according to the latest survey of consumer expectations of […]
April 30, 2019

Credit Card Charge-Offs Rise

Red flags are flying in the credit-card industry after a key gauge of bad debt jumped to the highest level in almost seven years. The charge-off […]
April 17, 2019

Credit Card and Auto Loan Delinquencies Spike

Consumer credit delinquencies were mixed in the fourth quarter, with delinquencies falling in six of the 11 categories tracked by ABA. However, the American Bankers Association’s […]
April 15, 2019

Consumer Credit Delinquencies on the Rise

Sound underwriting coupled with family-income and home-price growth have helped push mortgage delinquency rates down.  According to CoreLogic’s TrueStandings data, at the end of 2018 the […]
April 12, 2019

74% of Millennials Make Financial Sacrifices for Housing

Despite slowing home price growth, 74% of millennials make financial concessions to afford housing.  By comparison, only 40% of older generations make these sacrifices, according to CoreLogic. Overvalue […]