Money

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 […]
December 20, 2019

Customers Plan to Spend Less This Holiday Season

If you’re expecting a holiday gift from your co-worker this year, or from guests at your holiday party, don’t hold your breath.  The second annual Holiday […]
December 19, 2019

Mortgage Fraud Risk Reaches Turning Point

Loan defect risk in purchase applications stopped falling and plateaued in October, according to First American Financial Corp.’s latest report. “Defect risk for purchase transactions broke […]
December 18, 2019

Subprime Mortgages Begin to Inch Up

The percentage of recent mortgage borrowers with subprime credit scores still resides in the single digits, but nearly doubled what is was in 2013, according to […]
December 17, 2019

Mortgage Delinquency Rates to Flatten in 2020

The percentage of home loans with late payments is unlikely to fall much further in 2020 when mortgages made to lower credit-score borrowers could rise slightly, […]
December 11, 2019

Mortgage Delinquencies Drop to 25-Year Low

The share of U.S. homeowners who were late paying mortgages fell to an almost 25-year low in the third quarter as a strong labor market helped […]
December 10, 2019

Household Debt Spikes to Record $14 trillion

U.S. household debt rose to a record $14 trillion in the third quarter, led by an increase in mortgage loans, according to the Federal Reserve Bank […]
November 21, 2019

Mortgage Demand Increased in 3Q

The Federal Reserve’s Senior Loan Officer Opinion Survey showed more demand for consumer credit and mortgages in the third quarter and a softening in demand for […]