recession

August 20, 2019

U.S. Homeownership Tenure Reaches Record High

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. […]
August 19, 2019

Foreclosure Activity Down 18% from 2018

Foreclosure reports are down 18% from a year ago, according to a new report from ATTOM Data Solutions.  This represents an 82% decline in foreclosures from […]
August 16, 2019

Consumer Debt/Economic Concern Raises Mortgage Default Risk

Mortgage default risk rose in the U.S. in Q1 2019 as a result of increased economic risk and borrower risk, according to the recently launched Milliman […]
August 2, 2019

Economists Predict 2020 Recession

This month, the United States set a record for the longest economic expansion.  However this is forecasted to end in 2020. According to a panel of […]
July 12, 2019

33% of Americans Have Cut Their Spending

When it comes to money, do most people prefer to spend, save, donate or invest?  The answer may come as a surprise. Contrary to what you […]
June 13, 2019

U.S. Foreclosure Rate Hits 20-Year Low

According to CoreLogic’s latest monthly Loan Performance Insights Report, 4% of mortgages were in some stage of delinquency (30 days or more past due, including those […]
June 6, 2019

Household Debt Hits $13.67 Trillion

Total U.S. household debt rose 0.9% from the prior quarter to $13.67 trillion in the first three months of 2019, about in line with the pace […]
May 30, 2019

Americans Still View Housing as Good Investment

A majority of Americans (65%) think it is still a good idea to invest in a home, according to the latest survey of consumer expectations of […]
May 2, 2019

Most Insurers Believe a Recession is Looming

Most insurers believe that the U.S. will enter an economic recession sometime within the next two years, according to the latest annual Goldman Sachs Asset Management […]