Employment

October 16, 2018

Rising Rates, Lower Income Hurt Consumers’ View of Housing

The Fannie Mae Home Purchase Sentiment Index decreased slightly in September, falling 0.3 points to 87.7, reversing August’s increase. The dip can be attributed to decreases […]
October 12, 2018

Consumers Confidence Surges and Spikes Economy

The American consumer appears to be in good shape heading into the final quarter of the year, which includes the busy holiday-shopping season. Investors will be […]
October 10, 2018

Foreclosed Home Values Appreciate Faster Than Typical Homes

According to a new report by Zillow, value of U.S. homes that were foreclosed on during the Great Recession are appreciating rapidly, up 10.3% over the […]
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 […]