Uncategorized

February 6, 2018

Consumer Credit Scores Reach 10-Year High

The national average consumer credit score improved in 2017, continuing an upward trend and signaling economic recovery, according to the State of Credit report released by […]
February 2, 2018

Buying a Home is Low Priority for Debt-Ridden

Credit score damage is a chief regret among consumers, but among financial goals it impedes, buying a home lies further down the food chain than other […]
February 1, 2018

Consumer Spending Rises but Savings Plummet

U.S. consumer spending rose solidly in December as demand for goods and services increased, but the increase came at the expense of savings, which dropped to […]
January 31, 2018

Home Prices Steady; Hit New Peak

After 67 months of consecutive home price appreciation, home prices hit a new peak at $283,000 in November 2017, according to Black Knight’s Home Price Index.  […]
January 30, 2018

Small Business Hiring Slows While Economy Grows

Small business hiring slowed in 2017, even as the rest of the economy accelerated, according to a report from human resources firm Paychex.  The Small Business […]
January 26, 2018

States with Most/Least Delinquent Debt

Americans are drowning in debt. Across the United States, 33% of people have debt that has gone into collections, according to a recently released study by […]
January 25, 2018

Mortgage Delinquency Rate to Set New Low in 2018

A recent report from CoreLogic showed that mortgage delinquencies fell in 2017 to the lowest point in more than a decade.  Analysts from TransUnion expect mortgage […]
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 […]