Recession

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 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 […]
September 7, 2015

Labor Day Drivers Will Save $1 Billion This Holiday

Labor Day is historically one of America’s busiest driving holidays, but this year it’s likely to be remembered for being one of the cheapest.  With gas […]
September 1, 2015

Are Your Finances in Order?

Are you comfortably paying all your bills?  Let’s say your first mortgage and second mortgage are both manageable. You are slowly paying off your home equity […]
August 25, 2015

Will You Retire Debt-Free?

Do you know how much you need in savings to fund your retirement? Are you factoring in your current debts? You may have just assumed that home, […]
August 24, 2015

Consumer Credit Remains Healthy

Consumer credit default rates remained stable during the month of July, according to credit bureau Experian, which expected them to continue to remain level – even […]
August 21, 2015

Frugal Fairy? Tooth Fairy Paying Out Less This Year

The Federal Reserve may have one more reason to worry about not hitting its inflation target. In its 6th annual Tooth Fairy survey, Visa found that American children are paid […]