Employment

April 17, 2019

Credit Card and Auto Loan Delinquencies Spike

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 16, 2019

2108 Set New Record for Commercial Real Estate/Multifamily Lending

Commercial and multifamily lenders had another banner year in 2018, when closed-loan originations rose 8% to a high of $574 billion. “Borrowing and lending backed by […]
April 15, 2019

Consumer Credit Delinquencies on the Rise

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

74% of Millennials Make Financial Sacrifices for Housing

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 […]
April 9, 2019

Tappable Equity Declines

The collective amount of equity available for homeowners to tap reached a record high last year, climbing above $6 trillion as home prices continued to appreciate […]
March 29, 2019

Americans Have Golden Outlook on Retirement

According to the American Institute of CPAs (AICPA), running out of retirement savings is a top concern among retirees. Healthcare costs and maintaining lifestyle are the […]
March 28, 2019

Foreclosure Filings Continue to Decline

There was a moderate drop in foreclosures in February, according to ATTOM Data Solutions’ latest Foreclosure Market Report.  According to the Foreclosure Market Report, there was […]
March 27, 2019

Commercial/Multifamily Mortgage Debt Spikes

Commercial and multifamily mortgage debt outstanding grew 6.8% in 2018, benefiting from strong employment numbers and strained inventory, according to the Mortgage Bankers Association.  With a […]
March 26, 2019

HELOC Demand Falls to 15-Year Low

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 […]