Business

February 17, 2017

Most Americans Ruin Their Credit by Age 30

A whopping 68% of Americans make at least one major financial mistake, or “credit fumble,” before turning 30, leading to a negative mark on their credit […]
February 16, 2017

Consumers’ Attitude on Housing Brightens

The Fannie Mae Home Purchase Sentiment Index rose 2 percentage points to 82.7 in January, reflecting the more positive consumer outlook following November’s presidential election.  The […]
February 15, 2017

Home Sales Close Out 2016 on High Note

Hopes are high for this year as 2016 closed out pending home sales on a high note, however low inventory continues to dampen the high spirits.  […]
February 10, 2017

New Administration Brings New Tax Laws for 2017

As a new administration takes up residence in the White House, most Americans are preparing to file their 2016 taxes. But if the new administration has […]
February 9, 2017

New Business Volume Down 3% from 2015

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), showed their overall new business volume for December was $12.1 billion, down 3% year-over-year from new […]
February 8, 2017

8 Years and Counting: No Recession in Sight

It’s been almost 8 years since the last recession ended in June 2009.  With economists predicting the next 2 years won’t bring a recession, that could […]
February 6, 2017

Home Equity Demand Picks Up

Thanks to a confluence of factors, many banks and credit unions are predicting a surge in originations of both home equity loans and home equity lines […]
February 1, 2017

Will Businesses Catch Up on the Paperless Trend?

Corporations and banks face at least two of the same issues: reliance on older technology and a need to trim expenses.  One way for them to […]
January 31, 2017

Down Payments Eat Up Large Chunk of Income

To meet a 20% down payment, homebuyers on average have to spend more than two-thirds of the average annual income, according to a report from Zillow. […]