Recession

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 […]
May 25, 2017

Mortgage Delinquencies Hit 8-Year High In April

The delinquency rate on first-lien mortgages (30 days or more past due) stood at 4.08% as of the end of April – an increase of 12.93% […]
May 23, 2017

Household Debt Hits New Record

Household debt is topping its 2008 peak prior to the housing crash. Total household debt has risen to $12.73 trillion in the first quarter, the Federal […]
May 19, 2017

American Households Spend 53% of Its Income On These Expenses

If there’s one fairly steady theme over the past couple of decades, it’s that consumers are saving less of their income and their household budgets are […]
May 17, 2017

Majority of Homes Priced Below Pre-Recession Peak

While many reports show that home prices in many markets surpassed their previous peak, Trulia’s new study shows this is just the average, and more homes than […]
May 16, 2017

Millions of Homes Still ‘Seriously Underwater’

Since the housing recovery began a few years ago, millions of homeowners have gotten their heads back above water due to rising home prices.  That said, […]
May 11, 2017

Fannie Mae Changes Affect Borrowers With Student Loans

Fannie Mae has recently outlined changes in the way lenders can qualify potential borrowers who have student loan debt.  The policy change is designed to make it easier […]