Mortgage

September 29, 2015

The Average American Household’s Income by Age

It’s the great upside-down U. Those in the workforce are familiar with the typical earnings arc in America: You start out at the bottom, work your […]
September 28, 2015

Fed Can’t Solve Housing Puzzle Alone

“There has never been a better time to buy a home.”  That phrase, or variations on it, can be found in thousands of advertisements from real-estate agents and home […]
September 23, 2015

The Reason(s) Borrowers Can't Pay Their Mortgage

Loan performance has improved since the housing crisis. But credit challenges persist, while higher housing costs combined with a plateau in wages have put increased strain […]
September 18, 2015

5 Money Apps to Teach Financial Literacy to Children

While educators and parents often resort to games of yore, today’s modern phone apps and electronic games can provide a much more engaging educational opportunity, especially when it […]
September 17, 2015

Commercial Credit Is the New Mortgage Credit

In the wake of an unprecedented U.S. housing bust that evolved into a global financial crisis, the business of bundling home loans that aren’t backed by […]
September 16, 2015

What is the Cost of a "Modest" Lifestyle?

Most people are perfectly content taking the Goldilocks approach to lifestyle – not so frugal that your family is uncomfortable, and not so extravagant that you […]
September 14, 2015

Are We Heading Toward Another U.S. Recession?

Some advice for President Barack Obama’s successor: bring a plan to fight the next recession.  That’s one conclusion drawn from a survey of economists, where the […]
September 10, 2015

Consumers Not Optimistic About Housing Market

The first Fannie Mae Home Purchase Sentiment Index fell 0.5 points to 80.8 in August from where it would have been in July.  This new index […]
September 8, 2015

Fewer Homes in Negative Equity

The U.S. negative equity rate dropped below 15% in the second quarter of 2015, according to the Zillow Negative Equity Report, but nearly 20% of condo-owners […]