Economy

January 13, 2017

Credit and Debit Card Payments Increase

Card payments by consumers, influenced by an increase in the use of debit cards and credit cards, grew from 2012 to 2015, according to the 2016 Federal […]
January 12, 2017

Affordability Falls to Worst Level in 8 Years

Affordability in the housing market declined to its lowest level since the fourth quarter of 2008, according to the latest Home Affordability Index from ATTOM Data Solutions.  […]
January 11, 2017

Luxury Apartment Boom to Cool Off in 2017

Landlords of upscale properties across the U.S. are bracing for rough conditions in 2017 that will likely force them to slash rents and offer deep concessions […]
January 10, 2017

Push for Faster ACH Payments Increases Bank Fraud

As of September, credit-based ACH payments are now being settled within the same day. These transactions involve one person/entity pushing money from their bank account to […]
January 9, 2017

Mortgage Industry Predictions for 2017

What does 2017 have in store for the mortgage industry?  Eight industry experts weigh in on what they see coming in the next year for origination, […]
January 6, 2017

What to Buy in January

Have you spent too much on Christmas presents? Are holiday gift cards burning a hole in your pocket? Either way, frugal shoppers will find plenty of […]
January 5, 2017

Will These Mortgage Trends Make a Comeback in ’17?

The boom-bust cycle of refinancing and a host of other mortgage trends and strategies tend to come and go and come again depending on varying factors.  […]
January 4, 2017

Lending Trouble Lies Ahead in 2017

Mortgages, commercial-and-industrial loans, subprime auto lending and student lending are ripe for setbacks and, in some cases, crises in 2017.  Here is a breakdown of each […]
January 3, 2017

The Uncertain Future of the CFPB

The Consumer Financial Protection Bureau faces a precarious and uncertain future in 2017 with all eyes focused on two questions: whether President-elect Donald Trump will attempt […]