February 20, 2020
As average vehicle loan amounts and monthly payments continue to climb, consumer preferences are shifting to used vehicles as they look to maintain their financial health. […]
January 7, 2020
January 7, 2020
Analysts are anticipating U.S. consumers to have another year of positive credit activity, marking one of the longest periods of sustained consumer credit health in recent […]
December 23, 2019
December 23, 2019
U.S. consumers might have their pick of employment in today’s robust job market, but that doesn’t mean everyone is getting financed for a car. A Federal […]
December 18, 2019
December 18, 2019
The percentage of recent mortgage borrowers with subprime credit scores still resides in the single digits, but nearly doubled what is was in 2013, according to […]
November 21, 2019
November 21, 2019
The Federal Reserve’s Senior Loan Officer Opinion Survey showed more demand for consumer credit and mortgages in the third quarter and a softening in demand for […]
September 25, 2019
Auto loan amounts increasd in the second quarter with the average new vehicle loan hit $32,119 (up $1,161 YOY). Average used vehicle loan amounts reached $20,156 […]
June 17, 2019
Citing rising risks among the mortgages it is backing, the Federal Housing Administration announced earlier this year that it was changing some of its lending rules. […]
June 11, 2019
The auto loan has flourished among American consumers over the last two decades, with its prevalence among the U.S. population rising each of the last seven […]
April 15, 2019
April 15, 2019
Sound underwriting coupled with family-income and home-price growth have helped push mortgage delinquency rates down. According to CoreLogic’s TrueStandings data, at the end of 2018 the […]