Taxes

March 6, 2020

Coronavirus, Election Uncertainty May Impact New Vehicle Sales

TrueCar, Inc.’s data and analytics subsidiary, ALG, project total new vehicle sales will reach 1,373,516 units in February 2020, up 0.2% from a year ago when […]
March 4, 2020

Average FICO Score Reaches All-Time High

The average U.S. FICO score hit a record high of 703 in 2019, driven by Americans in their 30s, as a strong labor market helped people […]
March 3, 2020

New Home Sales at Highest Level Since July 2007

Single-family home sales rose 7.9% to a 764,000 annualized pace in January, exceeding the median estimate in a Bloomberg survey.  The December figure was also revised […]
February 28, 2020

Mortgage Default Drop to 15-Year Low

For the first time in 15 years, fewer than 2 million mortgaged properties lie in default or foreclosure status as of the end of January, according […]
February 26, 2020

Foreclosures Down but Could there be a Rebound?

Foreclosure activity during 2019 fell 21% from the previous year, but a few indicators show a change in direction could be possible, according to a new […]
February 25, 2020

Looser Underwriting May Lead to Jumbo Loan Defaults

Higher home prices play a double-edged sword, reducing affordability and contributing to lenders’ deciding to ease underwriting. However, they can also help delinquent borrowers become current […]
February 17, 2020

Credit Card Debt Rises to $930 Billion

Credit-card debt rose to a record in the final quarter of 2019 as Americans spent aggressively amid a strong economy and job market, and the proportion […]
February 5, 2020

Homeownership Reaches Highest Rate Since 2013

The U.S. homeownership rate rose to a six-year high in the fourth quarter, led by gains among young people and low-income Americans. The nationwide rate was […]
January 14, 2020

Auto Loan Delinquencies at 8-Year High

The percentage of U.S. consumers who are late on their car loan payments has risen to its highest level in nearly eight years, according to new […]