Business

July 5, 2018

Commercial Real Estate, Multifamily Mortgage Debt Spikes

Commercial and multifamily mortgage debt outstanding grew $44.3 billion during the first three months of 2018, the largest first-quarter gain since before the Great Recession, according […]
July 4, 2018

Fourth of July: By the Numbers

Americans are expected to spend $6.9 billion on food for Fourth of July cookouts and picnics tomorrow, according to the annual survey released by the National […]
July 3, 2018

Commercial Real Estate Lending on the Decline

The rate of growth for commercial real estate (CRE) lending has dropped to its lowest level in at least three years as banks have tapped the […]
June 28, 2018

Paychecks Are Slowly Increasing

Although unemployment is near a historic low, wage growth continues to threaten U.S. economic recovery, according to a recent CNN report.  The Bureau of Labor Statistics’ […]
June 27, 2018

Small Banks Look to Branch Out

Banks across the U.S. have closed nearly 9,000 branches this decade. Yet many smaller banks are in building mode, a sign that broader economic growth is […]
June 26, 2018

Consumer Debt Soars but Mortgages Aren’t to Blame

Consumer debt is approaching new highs with current household debt set to be $1 trillion above the peak debt level of 2008, by the end of […]
June 25, 2018

The Hidden Costs of Student-Debt Forgiveness

Students seeking relief on their college and graduate-school debt could be sitting on a hidden tax bomb: Billions of dollars in one-time bills from the Internal […]
June 22, 2018

Home Prices Outpace Pay Increases

Affordable housing is increasingly hard to find in today’s market. According to data from Trulia, America’s inventory of starter homes has decreased by almost half compared […]
June 21, 2018

Final Exams: Big Banks Expected to Pass Stress Tests

Later this month, the Federal Reserve will announce the results of the annual stress tests for banks, but one firm is already predicting banks will pass.  […]