Money

June 23, 2015

29% of Americans Have No Savings

Almost 3 in 10 Americans say they have no emergency savings, according to a survey just released by Bankrate.com.  That’s the highest number since Bankrate began […]
June 22, 2015

Foreclosure Activity Hits 19-Month High

US foreclosure activity reached a 19-month high in May as bank repossessions of homes continued to rise across the country. That doesn’t mean the housing market […]
June 19, 2015

Will Kids Raised During Recession Have a Fear of Credit?

It’s not very surprising that clients of Young Americans Bank, which focuses on kids and college-age adults, are afraid of credit. But the worry is that […]
June 17, 2015

Underwater Homeowners Still Drowning in Mortgage Debt

A decade after U.S. home sales peaked, 15.4% of owners in the first quarter owed more on their mortgages than their properties were worth, according to […]
June 16, 2015

U.S. Households Post Record Net Worth

The net worth of U.S. households and nonprofit organizations – the value of homes, stocks, and other assets minus debts and other liabilities – rose about […]
June 15, 2015

Renting a Home Outweighs Buying in Some Cities

The latest national housing market index produced by Florida Atlantic University and Florida International University indicates it is becoming more favorable for renters than buyers in […]
June 12, 2015

What to Buy This Month: June

If you’re thinking about what to buy in June, take comfort in knowing that the warm weather, wedding season, and hurricane season all bring discounts this […]
June 11, 2015

Americans' Housing Optimism Gains Momentum

Consumer attitudes about the housing market showed marked improvement last month, strengthening the case for a lift in housing activity this year, according to results from […]
June 10, 2015

Student Debt, Downpayments Biggest Hurdles for Homebuyers

Many millennials carry a lot of debt from their education. Real estate agents and bankers say that’s one of the biggest problems they often encounter with […]