saving

December 20, 2017

Almost 50% of Renters Pay Too Much

Nearly half of all renter households – almost 21 million – were considered cost-burdened in 2016, according to a new report from Harvard’s Joint Center for Housing Studies. […]
December 18, 2017

Homeowner equity rises by $871B

Homeowners with mortgages, or 63% of the total, have collectively seen their equity increase 11.8% from the third quarter of 2016 to 3Q17, representing a gain of $871 billion year-over-year, according to […]
November 21, 2017

Housing Affordability May Plummet in 2018

During the recent CoreLogic and the Urban Institute’sHousing Finance, Affordability and Supply in the Digital Ageconference, CoreLogic Chief Economist Frank Nothaft predicted rising interest rates will […]
November 17, 2017

Americans Waiting for a Bigger Raise

The government said that average hourly earnings rose 2.4% over the past 12 months.  That’s a slip from the 2.9%increase reported in September. It remains below the 3% to 3.5% range that many […]
November 16, 2017

Sales to First-Time Home Buyers Fell 34% in 2017

First time homebuyers continue to struggle to enter the housing market amidst limited housing inventory, falling to the fourth lowest level since 1981, according to the […]
November 15, 2017

Are Home Equity Loans Staged for a Comeback?

There has been a hint of optimism for home equity lending among bankers this earnings season, but attitudes remain mixed a decade after the housing market […]
November 14, 2017

Housing Affordability Still Strong Despite Price Increases

Home prices continue to increase, yet affordability actually improved since July, according to the latest Mortgage Monitor report from Black Knight.  As of September, the average […]
November 10, 2017

Millennials are saving more for retirement

In the race to save for retirement, one group is doing surprisingly well: millennial parents.  That’s according to a new NerdWallet survey, which found that 38% of millennial parents […]