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April 18, 2017

Younger Homeowners Opt for HELOCs

As interest rates increase, hovering higher than rates last year, buyers have little incentive to refinance their mortgages.  But as refis drop, a whole new loan […]
April 14, 2017

Average Retirement Savings is Inadequate

Most American families, even those close to retirement, have little or no retirement savings.  Not surprisingly, younger families have less stashed away. According to a report from the Economic Policy […]
April 12, 2017

Banks Rethink Credit Scores as Changes Take Effect

Come July, TransUnion, Experian and Equifax will no longer include information about tax liens and civil judgments on a consumer’s record if the data doesn’t include […]
April 11, 2017

Home Equity Loans on the Rise

Mortgage lenders, along with borrowers, are starting to welcome home equity lines of credit back into the market after the loan product began to disappear in […]
April 7, 2017

What to Buy in April

It’s officially spring, and retailers are preparing for warm weather and hotter sales. In April consumers will find deals on everything from travel to jewelry, as […]
April 6, 2017

Bank Card and Mortgage Defaults Tick Upward

Data from the recent S&P/Experian Consumer Credit Default Indices report shows the composite rate up two basis points from last month at 0.94% in February. The […]
April 5, 2017

Tappable Equity Hits 10-Year High

An annual home price appreciation of 5.5% during 2016 helped to increase the number of mortgage holders with tappable equity to 39.5 million, according to new […]
April 4, 2017

Prime Target: Cybercriminals Set Sights on Tax Pros

According to security experts, tax preparers are a special target for cybercriminals.  Tax preparers make perfect targets because their hard drives hum with “personal identifiable information” – […]