Employment

October 9, 2018

Can Smartphones Predict Creditworthiness?

A new study, released by the FDIC’s Center for Financial Research, said the data trails people leave online — even down to what brand of smartphone […]
October 5, 2018

How People Utilize Their Home Equity

The amount of tappable equity available to omeowners recently smashed records by surpassing $6 trillion. Recent data shows many Americans are holding back on accessing what […]
October 4, 2018

Mortgage Delinquencies Decline but Impact From Florence Looms

Mortgage delinquencies fell again in August, down 5.7% over the past two months. The U.S. mortgage delinquency rate dropped to 3.52% of all loans, down 2.43% […]
September 28, 2018

Most Americans Have No Retirement Savings

The median retirement account balance among working-age Americans is zero, according to a research report by the National Institute on Retirement Security (NIRS), a non-profit research […]
September 27, 2018

Mortgage Rates Surge, at Highest Point Since 2010

Mortgage rates inched forward for the fourth consecutive week, according to Freddie Mac’s latest Primary Mortgage Market survey.  Freddie Mac Chief Economist Sam Khater said the […]
September 25, 2018

Homeowners Gained $16,000 in Home Equity

As the economy strengthens, home values continue to appreciate, and homeowners are raking in the equity. A recent report by CoreLogic showed that home equity rose […]
September 21, 2018

Banks Need to Regain Public Trust

Banks have seen their reputation with the public tumble since the financial crisis.  A recent poll published by the American Enterprise Institute sheds some light on […]
September 20, 2018

Delinquency Rate at Lowest Since Great Recession

Ten years after the housing market collapsed, a new report examined some of the changes to consumer credit since the Great Recession.  TransUnion’s Q2 2018 Industry […]