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July 10, 2018

Business-Loan Drought Ends for Banks

Preliminary second-quarter data from the Federal Reserve indicate the year-over-year growth rate of business loans rose to 5.5% in late June from less than 1% near […]
July 9, 2018

Equity Gains: U.S. Homeowners are $1 Trillion Wealthier

As house values continued growing, homeowners with mortgages, accounting for 63% of all properties, saw their equity increase 13.3% year-over-year in the first quarter, a gain […]
July 6, 2018

Housing Costs to Blame for Low Millennial Homeownership

The homeownership rate for adults age 25 to 34 was 37.5% in 2016, about three percentage points lower than the historical average for this demographic and […]
July 5, 2018

Commercial Real Estate, Multifamily Mortgage Debt Spikes

Commercial and multifamily mortgage debt outstanding grew $44.3 billion during the first three months of 2018, the largest first-quarter gain since before the Great Recession, according […]
July 4, 2018

Fourth of July: By the Numbers

Americans are expected to spend $6.9 billion on food for Fourth of July cookouts and picnics tomorrow, according to the annual survey released by the National […]
June 29, 2018

Consumers Confident in Mortgage Approvals, Home Sales

The share of consumers confident that it wouldn’t be difficult to obtain a mortgage in the current market shot up 10% from a quarter ago, according […]
June 28, 2018

Paychecks Are Slowly Increasing

Although unemployment is near a historic low, wage growth continues to threaten U.S. economic recovery, according to a recent CNN report.  The Bureau of Labor Statistics’ […]
June 26, 2018

Consumer Debt Soars but Mortgages Aren’t to Blame

Consumer debt is approaching new highs with current household debt set to be $1 trillion above the peak debt level of 2008, by the end of […]
June 25, 2018

The Hidden Costs of Student-Debt Forgiveness

Students seeking relief on their college and graduate-school debt could be sitting on a hidden tax bomb: Billions of dollars in one-time bills from the Internal […]