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January 23, 2018

Homeowner Equity Hits All-Time High

The amount of tappable mortgage equity increased in 2017 to an all-time high, according to Black Knight’s latest Mortgage Monitor report.  Tappable equity, the amount available […]
January 22, 2018

Credit Card and Second Mortgage Defaults Spike

Default rates in second mortgages and bank cards rose notably in December, suggesting consumers are having trouble managing increased spending.  The second mortgage default rate climbed […]
January 19, 2018

Turbulent 2017 Will Affect Housing in 2018

2017 was a year of political, environmental, and economic change. It brought the country a new presidential administration, a flurry of devastating natural disasters, and the […]
January 18, 2018

Multifamily Housing Stable in 2018

Though multifamily housing starts are projected to slightly moderate 2018-2019, production levels are expected to remain in a steady range considered normal.  According to the National […]
January 17, 2018

Credit Card Debt Is Back to Pre-Recession Level

Last month, the Consumer Financial Protection Bureau reported that outstanding consumer credit card debt last year had surpassed the peak set during the recession.  Credit card […]
January 16, 2018

Consumer Confidence Near 17-Year High

Americans ended 2017 feeling very good about the economy.  Consumer confidence hit 122.1 in December, slightly below the 17-year high set in November, 128.6, according to […]
January 3, 2018

Hurricanes Weigh on Consumer Confidence

Americans became less confident in the economy after Hurricane Harvey and Hurricane Irma swept across Florida and South Texas, according to the Survey of Consumers conducted […]
January 3, 2018

Foreclosure Activity Plunges to 11-Year Low

Foreclosure activity hit an 11-year low in this year’s third quarter, as an improving economy and stricter mortgage standards helped stabilize the housing market to pre-2008 levels.  ATTOM Data Solutions […]
January 3, 2018

Delinquency Rate Continues at 10-year Low

CoreLogic released its latest Loan Performance Insights report on national foreclosure and delinquency activity earlier this month.  According to the report, the share of mortgages that […]