Credit

November 28, 2016

Black Friday/Cyber Monday Online Sales Top Forecasts

Black Friday’s blockbuster online sales don’t appear to have come at Cyber Monday’s expense.  As of 10 a.m., retail websites had raked in $540 million on […]
November 22, 2016

Modest Economic Growth Expected in 2017

The U.S. economy is expected to continue growing modestly in 2017, but the unknown about policies to be enacted by President-elect Donald Trump’s administration pose both […]
November 21, 2016

Budgeting for a Stress-Free Holiday

As the holiday season approaches, life can get downright crazy. Shopping, parties, school programs, buying groceries. With everything on your mind and on your calendar, it’s […]
November 16, 2016

Is the Future of the CFPB at Stake?

Republican lawmakers and big names on Wall Street have been trying to weaken or abolish the Consumer Financial Protection Bureau since it was created more than five years […]
November 15, 2016

U.S. Mortgage Rates Rise Post Election

The average interest rate on U.S. 30-year fixed-rate mortgages rose to its highest level in five months with rising Treasury yields, according to mortgage finance agency […]
November 14, 2016

How Will Trump’s Win Affect the 2017 Mortgage Industry?

Rising interest rates will trigger a downturn in refinance activity in 2017, while purchase originations will rise, according to the Mortgage Bankers Association’s most recent industry […]
November 11, 2016

33% of Rehabbed Student Loans to Go Back Into Default

A new report by the Consumer Financial Protection Bureau, found that 1 in 3 student-loan borrowers with very low incomes who have “cured” a loan in […]
November 10, 2016

Has Auto Lending Lost Its Luster?

Regulators have been warning about frothy conditions in the market for automobile loans. But things had to hit close to home – shrinking loan yields and […]