Credit

January 31, 2018

Home Prices Steady; Hit New Peak

After 67 months of consecutive home price appreciation, home prices hit a new peak at $283,000 in November 2017, according to Black Knight’s Home Price Index.  […]
January 30, 2018

Small Business Hiring Slows While Economy Grows

Small business hiring slowed in 2017, even as the rest of the economy accelerated, according to a report from human resources firm Paychex.  The Small Business […]
January 26, 2018

States with Most/Least Delinquent Debt

Americans are drowning in debt. Across the United States, 33% of people have debt that has gone into collections, according to a recently released study by […]
January 25, 2018

Mortgage Delinquency Rate to Set New Low in 2018

A recent report from CoreLogic showed that mortgage delinquencies fell in 2017 to the lowest point in more than a decade.  Analysts from TransUnion expect mortgage […]
January 23, 2018

Homeowner Equity Hits All-Time High

The amount of tappable mortgage equity increased in 2017 to an all-time high, according to Black Knight’s latest Mortgage Monitor report.  Tappable equity, the amount available […]
January 22, 2018

Credit Card and Second Mortgage Defaults Spike

Default rates in second mortgages and bank cards rose notably in December, suggesting consumers are having trouble managing increased spending.  The second mortgage default rate climbed […]
January 19, 2018

Turbulent 2017 Will Affect Housing in 2018

2017 was a year of political, environmental, and economic change. It brought the country a new presidential administration, a flurry of devastating natural disasters, and the […]
January 18, 2018

Multifamily Housing Stable in 2018

Though multifamily housing starts are projected to slightly moderate 2018-2019, production levels are expected to remain in a steady range considered normal.  According to the National […]
January 17, 2018

Credit Card Debt Is Back to Pre-Recession Level

Last month, the Consumer Financial Protection Bureau reported that outstanding consumer credit card debt last year had surpassed the peak set during the recession.  Credit card […]