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August 18, 2016

Banks Team Up to Fight (Cyber) Crime

Big banks are revving up efforts to combat cybercriminals targeting the financial-services industry.  Eight of the largest U.S. banks are forming a group that seeks to […]
August 17, 2016

Home Purchase Sentiment Index at All-Time High

Fannie Mae recently reported  that the Home Purchase Sentiment Index rose 3.3 points in July to 86.5, an all-time survey high. An increase in the survey […]
August 16, 2016

Are Millennials Scared of Credit Cards?

Data from the Federal Reserve indicates that the percentage of Americans under 35 who hold credit card debt has fallen to its lowest level since 1989, […]
August 8, 2016

Democrats and Republicans Differ on Housing

The Democratic and Republican platforms adopted at this year’s party conventions take a more forward-looking approach to housing issues than they did four years ago. But […]
August 3, 2016

Demand for Loans Inching Up; Standards Tighten

The July Federal Reserve Senior Loan Officer Survey shows that banks tightened standards on commercial and industrial (C&I) and commercial real estate (CRE) loans in the second […]
August 1, 2016

Homeownership Rate Declines to Lowest Since 1965

The homeownership rate fell to the lowest level in more than 50 years as rising prices put buying out of reach for many renters.  The share […]
July 29, 2016

Back to School: Get Schooled in Savings

The National Retail Federation’s 2015 Back-to-School Spending Survey found that families are planning to spend an average of $673.57 this year on clothing, electronics and school supplies […]
July 28, 2016

Back to School: Bigger Kids Bring Bigger Bills

Yesterday, we learned what parents of K-12 students will be spending this fall.  Today, we’ll focus on higher education costs.  College students and families with children […]
July 27, 2016

Back to School: Families to Spend Billions More in 2016

For many families, getting ready to go back to school is not only a time-consuming process – it’s an expensive one.  The average family is expected […]