Money

August 2, 2016

Commercial Mortgage Delinquencies Jump in June

Late payments on securitized commercial mortgages moved noticeably higher in June, as several large loans failed to pay off at maturity.  It was the fourth straight […]
August 1, 2016

Homeownership Rate Declines to Lowest Since 1965

The homeownership rate fell to the lowest level in more than 50 years as rising prices put buying out of reach for many renters.  The share […]
July 29, 2016

Back to School: Get Schooled in Savings

The National Retail Federation’s 2015 Back-to-School Spending Survey found that families are planning to spend an average of $673.57 this year on clothing, electronics and school supplies […]
July 28, 2016

Back to School: Bigger Kids Bring Bigger Bills

Yesterday, we learned what parents of K-12 students will be spending this fall.  Today, we’ll focus on higher education costs.  College students and families with children […]
July 27, 2016

Back to School: Families to Spend Billions More in 2016

For many families, getting ready to go back to school is not only a time-consuming process – it’s an expensive one.  The average family is expected […]
July 26, 2016

Banks Design Apps for Non-Customers

A couple of financial institutions have recently created mobile apps available to anyone as a way of engaging with people through their phones. The institutions are […]
July 25, 2016

July Consumer Sentiment Slides

A key measure of consumers’ attitudes was lower so far this month, as high-income consumers digested Britain’s surprise vote to leave the European Union.  The Index […]
July 22, 2016

4 Tips to Beat Elderly Financial Fraud

It’s not hard to sniff out how swindlers prey upon the elderly. They know they respond to mail, phone and front-door solicitations. Older people like to […]
July 21, 2016

The Biggest Threat to Data Security?

Chief information security officers at U.S. banks say their top priority is keeping data of all kinds (customer, employee, credit, performance, you name it) safe from […]