Debt

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 3, 2017

What to Buy in February

When considering what to buy in February, remember that winter is half over and retailers want to clear out seasonal merchandise. Presidents Day also falls in […]
February 2, 2017

Rising Interest Rates Take Toll on Home Affordability

November brought a reversal to the growing home affordability with a sudden drop, according to First American Financial Corp.’s Real House Price Index.  What the company calls “real […]
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. […]