September 27, 2019
Mortgage application fraud risk plummeted in the second quarter as refinance loans poured into the market, according to CoreLogic. The risk of fraud on a mortgage […]
September 26, 2019
Mortgage credit availability decreased in August according to the Mortgage Credit Availability Index (MCAI). Mortgage credit tightened despite falling interest rates and a strong uptick in […]
September 24, 2019
September 24, 2019
Adults in the U.S. over the age of 18 say they have an average of $29,800 in personal debt (not including mortgages), and 15% of Americans […]
September 19, 2019
September 19, 2019
CardRatings.com released new research ranking the best and worst states for credit conditions. Highlighted by stark differences in credit circumstances across the U.S., the analysis helps […]
September 18, 2019
September 18, 2019
Tappable equity reached an all-time high of $6.3 trillion in the second quarter as home-price gains made real estate more valuable. The amount of equity homeowners […]
September 17, 2019
September 17, 2019
The average FICO score stands at 706, a record high, said Ethan Dornhelm, vice president of scores and predictive analytics at FICO. That compares with 686 […]
September 6, 2019
September 6, 2019
Categories
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed their overall new business volume for July was $9.4 billion, up 15% […]
September 5, 2019
September 5, 2019
’Tis the (other) season. As students start back to school and college, families are spending more than ever on school supplies. “Consumers are in a strong […]
August 20, 2019
August 20, 2019
American homeowners are staying put longer than ever before, with the average tenure reaching a record high of 8.09 years in the second quarter of 2019. […]