April 17, 2019
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
April 15, 2019
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
April 12, 2019
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 […]
March 26, 2019
March 26, 2019
Home equity is sitting above the $15 trillion mark nationwide, according to the Federal Reserve, but interest in more costly forms of debt, like credit cards […]
March 20, 2019
March 20, 2019
Amid worsening affordability in the U.S., people in the Washington, D.C., metro area have the most money left over after they pay their mortgage, according to […]
March 14, 2019
U.S. credit card debt hit $870 billion – the largest amount ever – as of December 2018, according to the data from the Federal Reserve. Credit […]
March 13, 2019
March 13, 2019
For community bankers, 2018 was a downward march, culminating in a new low for the Bank Experience Index. The index, which gauges access to capital, loan […]
February 28, 2019
February 28, 2019
Americans faced record levels of debt at the end of 2018, with the amount owed by households rising for an eighteenth consecutive quarter. According to the […]
February 20, 2019
February 20, 2019
There is a one-in-four chance of a U.S. recession in the next 12 months, a scenario that should keep the Federal Reserve from raising interest rates […]