Employment

February 4, 2020

Affordability Improves; Foreclosure Rate Hits 14-Year Low

With steady home price appreciation and falling interest rates, by some measures the shares of distressed mortgages existing in the market shrunk to record lows, according […]
January 15, 2020

Mortgage Debt Hits a Record $15.8 Trillion

Outstanding U.S. mortgage debt rose to $15.8 trillion in the third quarter of 2019, according to the Federal Reserve.  Combined home, farm, multifamily and commercial mortgage […]
January 10, 2020

Mortgage Rates Show Stability in 2020

If the first weekly Freddie Mac report of the year is any indication, there could be far less volatility for fixed mortgage rates in 2020 than […]
January 9, 2020

Foreclosure Starts Plummet to Lowest Level This Century

November’s foreclosure starts hit their lowest level since Black Knight started tracking this data in 2000, while the foreclosure rate reached a 14-year low. However, the […]
January 8, 2020

Recession Risk Tops CEO List of 2020 Fears

Fear of an economic decline topped the list of U.S. chief executives’ concerns going into 2020, according to a survey from the Conference Board.  The year […]
January 7, 2020

Auto Lenders and Borrowers to Weather Headwinds in 2020

Analysts are anticipating U.S. consumers to have another year of positive credit activity, marking one of the longest periods of sustained consumer credit health in recent […]
December 26, 2019

Credit Scores are Highest in 8 Years

Americans are more in debt than they’ve ever been, but thanks to a solid economy, the vast majority of people are still able to pay their […]
December 24, 2019

2019 Holiday Tipping Guide

It always pays to be generous to the helpful people who take care of you, whether it’s a housekeeper who goes above and beyond or a […]
December 23, 2019

Auto Loan Rejections on the Rise

U.S. consumers might have their pick of employment in today’s robust job market, but that doesn’t mean everyone is getting financed for a car.  A Federal […]