Economy Watch: Residential Delinquencies Continue Drop
By Dees Stribling, Contributing Editor Lender Processing Services released its latest Mortgage Monitor on Monday, which found that the national delinquency rate for residential mortgages continued to...
View ArticleEconomy Watch: Consumer Credit Sees Uptick
By Dees Stribling, Contributing Editor The Federal Reserve reported on Monday that U.S. consumer credit was up again, increasing at an annualized rate of 4.5 percent in July. All of the increase was...
View ArticleEconomy Watch: More Purchase Mortgages Than Refi, First Time in Years
By Dees Stribling, Contributing Editor The Mortgage Bankers Association reports the rate of U.S. mortgage applications each week, and it goes up and down according to the vagaries of the economy and...
View ArticleEconomy Watch: Consumer Credit Still Growing
By Dees Stribling, Contributing Editor U.S. consumer credit rose at an annualized 7.4 percent in May compared, according to the Federal Reserve on Tuesday. That’s a sizable increase, but not as much as...
View ArticleEconomy Watch: Consumer Credit Spikes in July
By Dees Stribling, Contributing Editor Americans borrowed more in July than in June, according to the Federal Reserve on Monday, with U.S. consumer credit increasing at an annualized rate of 9.7...
View ArticleEconomy Watch: Gas Prices Still in Freefall
By Dees Stribling, Contributing Editor World oil markets are on track to give U.S. consumers an even better price for gasoline in the very near future, according to a report released by AAA on Monday—a...
View Article