Taxes

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 […]
January 10, 2020

Mortgage Rates Show Stability in 2020

If the first weekly Freddie Mac report of the year is any indication, there could be far less volatility for fixed mortgage rates in 2020 than […]
January 9, 2020

Foreclosure Starts Plummet to Lowest Level This Century

November’s foreclosure starts hit their lowest level since Black Knight started tracking this data in 2000, while the foreclosure rate reached a 14-year low. However, the […]
January 8, 2020

Recession Risk Tops CEO List of 2020 Fears

Fear of an economic decline topped the list of U.S. chief executives’ concerns going into 2020, according to a survey from the Conference Board.  The year […]
January 7, 2020

Auto Lenders and Borrowers to Weather Headwinds in 2020

Analysts are anticipating U.S. consumers to have another year of positive credit activity, marking one of the longest periods of sustained consumer credit health in recent […]
December 26, 2019

Credit Scores are Highest in 8 Years

Americans are more in debt than they’ve ever been, but thanks to a solid economy, the vast majority of people are still able to pay their […]
December 18, 2019

Subprime Mortgages Begin to Inch Up

The percentage of recent mortgage borrowers with subprime credit scores still resides in the single digits, but nearly doubled what is was in 2013, according to […]