Mortgage

June 14, 2017

Is the New Household Debt Record Cause for Concern?

Last month, the New York Federal Reserve reported that household debt across the nation has hit a dubious milestone in the first quarter: It surpassed the […]
June 13, 2017

New Home Sales Less Than Half of Historical Norms

The current level makes up 88.3% of the 50-year average, according to a report from Trulia. However, new home sales are unable to keep up with the […]
June 12, 2017

Banks See Slower Loan Growth, Higher Charge-Offs

FDIC-insured banks reported that the pace of loan growth slowed in the first quarter and that charge-offs on loans to individuals increased. But banks still recorded […]
June 9, 2017

Beige Book: Slower Growth, Less Optimism

Economic growth slowed across parts of the U.S. in recent weeks, and some firms have become a bit less optimistic about the future, according to a […]
June 8, 2017

Foreclosure Activity Hits Post-Recession Low in April

ATTOM Data Solutions released its April 2017 U.S. Foreclosure Market data, which shows foreclosure filings – default notices, scheduled auctions and bank repossessions – were reported […]
June 7, 2017

Mortgage Origination Volume Falls 34%

Mortgage origination volume fell 34% in the first quarter compared with the fourth quarter, driven mainly by a 45% drop in refinances, according to Black Knight Financial […]
June 6, 2017

73% of Americans Have Financial Regrets

Nearly 3-in-4 U.S. adults have financial regrets, according to a new Bankrate.com report. The most common is not saving for retirement early enough, followed by not […]
June 5, 2017

Home Prices Not Back To Pre-Crisis Levels

Home prices increase a little more each month, even hitting new peaks in many markets, yet experts insist they are not back at bubble-era levels.  The […]
June 1, 2017

Mortgage Origination Volume Hits 5-Year High

First lien originations jumped in 2016 to $2.1 trillion, the highest point since 2012, according to a report from the Urban Institute.  Of these originations, the share of […]