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 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 […]
December 20, 2017

Almost 50% of Renters Pay Too Much

Nearly half of all renter households – almost 21 million – were considered cost-burdened in 2016, according to a new report from Harvard’s Joint Center for Housing Studies. […]
November 10, 2017

Millennials are saving more for retirement

In the race to save for retirement, one group is doing surprisingly well: millennial parents.  That’s according to a new NerdWallet survey, which found that 38% of millennial parents […]
September 28, 2017

Mortgage Fraud Risk on the Rise

An estimated 13,404mortgage applications, representing 0.82% of all applications, filed during the second quarter contained indications of fraud, according to the Mortgage Application Fraud Risk Index released by CoreLogic.  […]
August 21, 2017

Young Women Have Better Credit Scores Than Men

A recent Lending Tree survey found points of major disparity in the responses from men and women regarding debt and personal financial health.  The survey’s findings […]
June 12, 2017

Banks See Slower Loan Growth, Higher Charge-Offs

FDIC-insured banks reported that the pace of loan growth slowed in the first quarter and that charge-offs on loans to individuals increased. But banks still recorded […]
May 19, 2017

American Households Spend 53% of Its Income On These Expenses

If there’s one fairly steady theme over the past couple of decades, it’s that consumers are saving less of their income and their household budgets are […]
April 13, 2017

Consumer Optimism Surges in March

Consumers continued growing more optimistic in March, however much of the increasing sentiment is due to changed evaluative criteria, according to the Survey of Consumers conducted […]