Finance

June 15, 2016

Lenders Surprised by Trended Mortgage Data

When a consumer refinances or pays off her house in preparation for moving, you might expect her to reduce other debts to help get the new […]
June 14, 2016

Card Holders Prefer Low Fees Over Rewards

A recent study into the consumer credit card industry by marketing analytics agency Bug Insights has found that credit card customers are not loyal to their […]
June 13, 2016

Is Summer the Best Season to Buy a Home?

Step aside, spring. Summer is becoming the new hot season for home buying, according to a Florida Atlantic University economist.  Competition fueled by low inventory and […]
June 9, 2016

Multifamily Outlook: Rent Growth to Remain High

A new national market outlook from Yardi® Matrix forecasts that jobs and population growth will spur rent growth of about 5% in 2016.  The report, “Multifamily […]
June 8, 2016

Auto Finance Companies Put Brakes on Subprime Lending

Executives at some of the biggest banks in auto lending said that they’re tapping the brakes on subprime lending, especially at the lower end of the […]
June 7, 2016

What are Homebuyers’ Biggest Concerns?

Homebuyers are growing more worried about competition from other buyers, but housing affordability remains their top concern, according to a new survey by the real estate […]
June 6, 2016

Big Banks Warn of Slipping Credit

The heads of several big banks warned of looming deterioration in their loan books at a recent industry conference.  In the years following the crisis, asset […]
June 3, 2016

No Rest for the Weary: More Americans Working Past 65

Almost 20% of Americans 65 and older are now working, according to the latest data from the U.S. Bureau of Labor Statistics. That’s the highest number […]
June 2, 2016

Consumer Borrowing Surges at Fastest Pace Since 2001

Household borrowing surged in March at the fastest pace since November 2001 as financing for automobiles picked up and Americans’ outstanding credit-card debt soared.  The $29.7 billion […]