Recession

August 5, 2016

Zombie Houses Still Haunt New Jersey Neighbors

A decade after the housing market began its slide into the worst downturn in generations, New Jersey still has about 4,000 homes left empty because of […]
August 4, 2016

Banks Tighten Auto Loan Standards

Bankers continued tightening credit for business loans and auto loans in the last three months while they continued to ease credit standards slightly in their home […]
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 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 19, 2016

U.S. Top 3 in Global Credit Card Fraud

According to a new data from ACI Worldwide and Aite Group, 30% of global consumers have experienced card fraud in the past 5 years.  The global fraud study revealed […]
July 14, 2016

Housing Remains Unaffordable in 18% of Markets

Housing markets were less affordable than their historic norms in 18% of counties across the country, according to the Home Affordability Index for the second quarter […]
July 12, 2016

Consumers Have Mixed Views on Housing

Home purchase sentiment has fallen as more people have turned negative on the economy’s outlook, according to data from Fannie Mae.  Fannie Mae’s Home Purchase Sentiment […]